| Product Code: ETC4651995 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s PVC import market saw significant growth in 2024, with top exporters including Sweden, Bulgaria, Poland, UK, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was 15.6%, showing a strong upward trend. Moreover, the impressive growth rate of 26.03% from 2023 to 2024 highlights the increasing demand for PVC imports in Latvia. This data suggests a promising outlook for the PVC market in Latvia and indicates opportunities for further market expansion.

By 2027, Latvia's PVC market is forecasted to achieve a stable growth rate of 2.61%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia PVC Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia PVC Market - Industry Life Cycle |
3.4 Latvia PVC Market - Porter's Five Forces |
3.5 Latvia PVC Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Latvia PVC Market Revenues & Volume Share, By Stabilizer Type, 2021 & 2031F |
3.7 Latvia PVC Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia PVC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PVC products in construction and infrastructure projects in Latvia |
4.2.2 Growing awareness about the benefits of PVC materials in various industries |
4.2.3 Government initiatives promoting the use of PVC products in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production costs of PVC products |
4.3.2 Environmental concerns related to the use and disposal of PVC materials |
4.3.3 Competition from alternative materials in the market |
5 Latvia PVC Market Trends |
6 Latvia PVC Market Segmentations |
6.1 Latvia PVC Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia PVC Market Revenues & Volume, By Rigid PVC, 2021-2031F |
6.1.3 Latvia PVC Market Revenues & Volume, By Flexible PVC, 2021-2031F |
6.1.4 Latvia PVC Market Revenues & Volume, By Low-smoke PVC, 2021-2031F |
6.1.5 Latvia PVC Market Revenues & Volume, By Chlorinated PVC, 2021-2031F |
6.2 Latvia PVC Market, By Stabilizer Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia PVC Market Revenues & Volume, By Calcium-based Stabilizers, 2021-2031F |
6.2.3 Latvia PVC Market Revenues & Volume, By Lead-based Stabilizers, 2021-2031F |
6.2.4 Latvia PVC Market Revenues & Volume, By Tin and Organotin-based, 2021-2031F |
6.2.5 Latvia PVC Market Revenues & Volume, By Barium-based and Others, 2021-2031F |
6.3 Latvia PVC Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Latvia PVC Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Latvia PVC Market Revenues & Volume, By Consumer, 2021-2031F |
6.3.4 Latvia PVC Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.5 Latvia PVC Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Latvia PVC Market Revenues & Volume, By Transportation, 2021-2031F |
7 Latvia PVC Market Import-Export Trade Statistics |
7.1 Latvia PVC Market Export to Major Countries |
7.2 Latvia PVC Market Imports from Major Countries |
8 Latvia PVC Market Key Performance Indicators |
8.1 Percentage increase in the number of construction permits issued in Latvia |
8.2 Adoption rate of PVC products in key industries such as automotive and packaging |
8.3 Number of government policies supporting the use of PVC materials in Latvia |
8.4 Percentage of recycled PVC materials used in manufacturing processes in Latvia |
8.5 Investment in research and development for new PVC products and technologies in Latvia |
9 Latvia PVC Market - Opportunity Assessment |
9.1 Latvia PVC Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Latvia PVC Market Opportunity Assessment, By Stabilizer Type, 2021 & 2031F |
9.3 Latvia PVC Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia PVC Market - Competitive Landscape |
10.1 Latvia PVC Market Revenue Share, By Companies, 2024 |
10.2 Latvia PVC 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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