| Product Code: ETC5408632 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of pressed and blown glass to Latvia in 2024 continued to be dominated by neighboring countries such as Estonia, Lithuania, and Poland. The high concentration of Herfindahl-Hirschman Index (HHI) in 2023 escalated to very high levels in 2024, indicating a significant market dominance by top exporting countries. Despite the negative compound annual growth rate (CAGR) of -1.41% from 2020 to 2024, the drastic decline in growth rate from 2023 to 2024, at -23.54%, suggests a challenging market environment for pressed and blown glass imports in Latvia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Pressed & Blown Glass Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pressed & Blown Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pressed & Blown Glass Market - Industry Life Cycle |
3.4 Latvia Pressed & Blown Glass Market - Porter's Five Forces |
3.5 Latvia Pressed & Blown Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Pressed & Blown Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for unique and aesthetically pleasing glassware products |
4.2.2 Growing trend towards eco-friendly and sustainable products |
4.2.3 Rising popularity of handmade and artisanal glass products in the market |
4.3 Market Restraints |
4.3.1 High production costs associated with pressed and blown glass manufacturing processes |
4.3.2 Intense competition from alternative materials such as plastic and metal in the market |
4.3.3 Fluctuating raw material prices impacting the overall production costs |
5 Latvia Pressed & Blown Glass Market Trends |
6 Latvia Pressed & Blown Glass Market Segmentations |
6.1 Latvia Pressed & Blown Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pressed & Blown Glass Market Revenues & Volume, By Mold-blown, 2021-2031F |
6.1.3 Latvia Pressed & Blown Glass Market Revenues & Volume, By Pressed, 2021-2031F |
6.1.4 Latvia Pressed & Blown Glass Market Revenues & Volume, By Glass, 2021-2031F |
6.1.5 Latvia Pressed & Blown Glass Market Revenues & Volume, By Glassblowing, 2021-2031F |
6.1.6 Latvia Pressed & Blown Glass Market Revenues & Volume, By Molten, 2021-2031F |
7 Latvia Pressed & Blown Glass Market Import-Export Trade Statistics |
7.1 Latvia Pressed & Blown Glass Market Export to Major Countries |
7.2 Latvia Pressed & Blown Glass Market Imports from Major Countries |
8 Latvia Pressed & Blown Glass Market Key Performance Indicators |
8.1 Average selling price per unit of pressed and blown glass products |
8.2 Number of new product innovations and designs launched in the market |
8.3 Percentage of revenue generated from exports of pressed and blown glass products |
8.4 Efficiency of production processes in terms of waste reduction and energy consumption |
8.5 Customer satisfaction levels and feedback on the quality and design of glass products |
9 Latvia Pressed & Blown Glass Market - Opportunity Assessment |
9.1 Latvia Pressed & Blown Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Pressed & Blown Glass Market - Competitive Landscape |
10.1 Latvia Pressed & Blown Glass Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pressed & Blown Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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