| Product Code: ETC5055118 | 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 |
The Latvia roofing import market witnessed a substantial increase in concentration levels in 2024, with a high Herfindahl-Hirschman Index (HHI). Despite a challenging CAGR of -8.04% from 2020 to 2024, the market experienced a significant decline in growth rate of -37.79% from 2023 to 2024. Estonia, Germany, Denmark, Sweden, and Czechia emerged as top exporting countries to Latvia in 2024, showcasing a diverse range of sources for roofing imports. This data suggests a dynamic landscape in the Latvia roofing market, emphasizing the importance of monitoring changing trends and market dynamics.

By 2027, the Roofing market in Latvia is anticipated to reach a growth rate of 0.40%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Roofing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Roofing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Roofing Market - Industry Life Cycle |
3.4 Latvia Roofing Market - Porter's Five Forces |
3.5 Latvia Roofing Market Revenues & Volume Share, By Roofing Material, 2021 & 2031F |
3.6 Latvia Roofing Market Revenues & Volume Share, By Roofing Type, 2021 & 2031F |
3.7 Latvia Roofing Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Roofing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in Latvia |
4.2.2 Increasing focus on energy-efficient roofing solutions |
4.2.3 Government initiatives promoting sustainable roofing materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of skilled labor in the roofing industry |
4.3.3 Stringent regulations related to roofing materials and installation |
5 Latvia Roofing Market Trends |
6 Latvia Roofing Market Segmentations |
6.1 Latvia Roofing Market, By Roofing Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Roofing Market Revenues & Volume, By Bituminous Roofing, 2021-2031F |
6.1.3 Latvia Roofing Market Revenues & Volume, By Metal Roofing, 2021-2031F |
6.1.4 Latvia Roofing Market Revenues & Volume, By Tile Roofing, 2021-2031F |
6.1.5 Latvia Roofing Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Roofing Market, By Roofing Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Roofing Market Revenues & Volume, By Flat Roof, 2021-2031F |
6.2.3 Latvia Roofing Market Revenues & Volume, By Slope Roof, 2021-2031F |
6.3 Latvia Roofing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Roofing Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Roofing Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Latvia Roofing Market Revenues & Volume, By Industrial, 2021-2031F |
7 Latvia Roofing Market Import-Export Trade Statistics |
7.1 Latvia Roofing Market Export to Major Countries |
7.2 Latvia Roofing Market Imports from Major Countries |
8 Latvia Roofing Market Key Performance Indicators |
8.1 Number of new construction permits issued in Latvia |
8.2 Adoption rate of energy-efficient roofing solutions |
8.3 Percentage of roofing companies investing in research and development |
9 Latvia Roofing Market - Opportunity Assessment |
9.1 Latvia Roofing Market Opportunity Assessment, By Roofing Material, 2021 & 2031F |
9.2 Latvia Roofing Market Opportunity Assessment, By Roofing Type, 2021 & 2031F |
9.3 Latvia Roofing Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Roofing Market - Competitive Landscape |
10.1 Latvia Roofing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Roofing 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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