| Product Code: ETC7917829 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s PVC compound import market saw a significant increase in concentration in 2024, with top exporters being Bulgaria, UK, Metropolitan France, Poland, and Sweden. The high concentration indicates a competitive market for PVC compound imports. The compound annual growth rate (CAGR) from 2020 to 2024 was moderate at 1.78%, but there was a notable growth spurt in 2024 with a growth rate of 35.81% compared to the previous year. This data reflects a dynamic market environment with potential opportunities for both importers and exporters in the PVC compound industry.

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 PVC Compound Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia PVC Compound Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia PVC Compound Market - Industry Life Cycle |
3.4 Latvia PVC Compound Market - Porter's Five Forces |
3.5 Latvia PVC Compound Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia PVC Compound Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia PVC Compound Market Revenues & Volume Share, By Compound, 2021 & 2031F |
3.8 Latvia PVC Compound Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.9 Latvia PVC Compound Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia PVC Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for PVC compounds in construction and automotive industries in Latvia |
4.2.2 Increasing focus on sustainable and environmentally friendly materials |
4.2.3 Technological advancements in PVC compound manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to environmental impact and recycling of PVC compounds |
5 Latvia PVC Compound Market Trends |
6 Latvia PVC Compound Market, By Types |
6.1 Latvia PVC Compound Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia PVC Compound Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia PVC Compound Market Revenues & Volume, By Rigid Product, 2021- 2031F |
6.1.4 Latvia PVC Compound Market Revenues & Volume, By Flexible Product, 2021- 2031F |
6.2 Latvia PVC Compound Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia PVC Compound Market Revenues & Volume, By Non-Plasticized PVC, 2021- 2031F |
6.2.3 Latvia PVC Compound Market Revenues & Volume, By Plasticized PVC, 2021- 2031F |
6.3 Latvia PVC Compound Market, By Compound |
6.3.1 Overview and Analysis |
6.3.2 Latvia PVC Compound Market Revenues & Volume, By Dry PVC Compound, 2021- 2031F |
6.3.3 Latvia PVC Compound Market Revenues & Volume, By Wet PVC Compound, 2021- 2031F |
6.3.4 Latvia PVC Compound Market Revenues & Volume, By Manufacturing Process, 2021- 2031F |
6.3.5 Latvia PVC Compound Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.3.6 Latvia PVC Compound Market Revenues & Volume, By Extrusion, 2021- 2031F |
6.4 Latvia PVC Compound Market, By Raw Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia PVC Compound Market Revenues & Volume, By PVC Resin, 2021- 2031F |
6.4.3 Latvia PVC Compound Market Revenues & Volume, By Plasticizers, 2021- 2031F |
6.4.4 Latvia PVC Compound Market Revenues & Volume, By Stabilizers, 2021- 2031F |
6.4.5 Latvia PVC Compound Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.4.6 Latvia PVC Compound Market Revenues & Volume, By Fillers, 2021- 2031F |
6.4.7 Latvia PVC Compound Market Revenues & Volume, By Functional Additives, 2021- 2031F |
6.5 Latvia PVC Compound Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 Latvia PVC Compound Market Revenues & Volume, By Medical, 2021- 2031F |
6.5.3 Latvia PVC Compound Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.5.4 Latvia PVC Compound Market Revenues & Volume, By Packaging, 2021- 2031F |
6.5.5 Latvia PVC Compound Market Revenues & Volume, By Automotive, 2021- 2031F |
6.5.6 Latvia PVC Compound Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.5.7 Latvia PVC Compound Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
7 Latvia PVC Compound Market Import-Export Trade Statistics |
7.1 Latvia PVC Compound Market Export to Major Countries |
7.2 Latvia PVC Compound Market Imports from Major Countries |
8 Latvia PVC Compound Market Key Performance Indicators |
8.1 Percentage of PVC compounds used in sustainable construction projects |
8.2 Adoption rate of PVC compounds in new automotive applications |
8.3 Investment in research and development for eco-friendly PVC compound formulations |
9 Latvia PVC Compound Market - Opportunity Assessment |
9.1 Latvia PVC Compound Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia PVC Compound Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia PVC Compound Market Opportunity Assessment, By Compound, 2021 & 2031F |
9.4 Latvia PVC Compound Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.5 Latvia PVC Compound Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia PVC Compound Market - Competitive Landscape |
10.1 Latvia PVC Compound Market Revenue Share, By Companies, 2024 |
10.2 Latvia PVC Compound 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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