| Product Code: ETC5831819 | 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 Latvia rockwool import market in 2024 continued to be dominated by neighboring countries such as Lithuania, Poland, and Ukraine, along with key players like Germany and Czechia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition. Despite a modest compound annual growth rate (CAGR) of 1.5% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024, reflecting a challenging year for the industry. Monitoring market dynamics and exploring opportunities for diversification could be crucial for stakeholders in this sector.

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 Rockwool Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rockwool Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rockwool Market - Industry Life Cycle |
3.4 Latvia Rockwool Market - Porter's Five Forces |
3.5 Latvia Rockwool Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rockwool Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Rockwool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental sustainability leading to higher demand for insulation materials like rockwool. |
4.2.2 Growing construction industry in Latvia driving the need for thermal and acoustic insulation solutions. |
4.2.3 Government regulations promoting energy-efficient buildings and construction practices. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition from alternative insulation materials. |
4.3.3 Economic instability affecting construction activities and investment in insulation solutions. |
5 Latvia Rockwool Market Trends |
6 Latvia Rockwool Market Segmentations |
6.1 Latvia Rockwool Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rockwool Market Revenues & Volume, By Roving, 2021-2031F |
6.1.3 Latvia Rockwool Market Revenues & Volume, By Chopped Strands, 2021-2031F |
6.1.4 Latvia Rockwool Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Latvia Rockwool Market Revenues & Volume, By Mesh or grids, 2021-2031F |
6.2 Latvia Rockwool Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rockwool Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Rockwool Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Latvia Rockwool Market Revenues & Volume, By Aerospace & Defence, 2021-2031F |
6.2.5 Latvia Rockwool Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Latvia Rockwool Market Revenues & Volume, By Sports & Related Accessories, 2021-2031F |
7 Latvia Rockwool Market Import-Export Trade Statistics |
7.1 Latvia Rockwool Market Export to Major Countries |
7.2 Latvia Rockwool Market Imports from Major Countries |
8 Latvia Rockwool Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings constructed using rockwool insulation. |
8.2 Number of government projects incorporating rockwool as the preferred insulation material. |
8.3 Adoption rate of rockwool in new construction projects in Latvia. |
8.4 Environmental impact assessment of rockwool production processes. |
9 Latvia Rockwool Market - Opportunity Assessment |
9.1 Latvia Rockwool Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rockwool Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Rockwool Market - Competitive Landscape |
10.1 Latvia Rockwool Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rockwool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |