| Product Code: ETC7920775 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of roofing materials to Latvia in 2024 were primarily sourced from Lithuania, Poland, Italy, Finland, and Czechia. The market saw a significant increase in concentration levels, with a very high Herfindahl-Hirschman Index (HHI) indicating a consolidated market. However, the overall market experienced a negative compound annual growth rate (CAGR) of -7.07% from 2020 to 2024, with a notable decline in growth rate of -20.65% from 2023 to 2024. This data suggests a challenging landscape for roofing materials importers in Latvia, highlighting the need for strategic adjustments and market insights.

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 Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Roofing Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Roofing Materials Market - Industry Life Cycle |
3.4 Latvia Roofing Materials Market - Porter's Five Forces |
3.5 Latvia Roofing Materials Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Roofing Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Roofing Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Latvia |
4.2.2 Increase in renovation activities and infrastructure development projects |
4.2.3 Government initiatives promoting energy-efficient roofing solutions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Seasonal variations affecting construction activities |
4.3.3 Competition from alternative roofing materials |
5 Latvia Roofing Materials Market Trends |
6 Latvia Roofing Materials Market, By Types |
6.1 Latvia Roofing Materials Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Roofing Materials Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Roofing Materials Market Revenues & Volume, By Asphalt Shingles, 2021- 2031F |
6.1.4 Latvia Roofing Materials Market Revenues & Volume, By Concrete & Clay Tiles, 2021- 2031F |
6.1.5 Latvia Roofing Materials Market Revenues & Volume, By Metal Roofs, 2021- 2031F |
6.1.6 Latvia Roofing Materials Market Revenues & Volume, By Plastics, 2021- 2031F |
6.1.7 Latvia Roofing Materials Market Revenues & Volume, By Other Products, 2021- 2031F |
6.2 Latvia Roofing Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Roofing Materials Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia Roofing Materials Market Revenues & Volume, By Non-residential, 2021- 2031F |
7 Latvia Roofing Materials Market Import-Export Trade Statistics |
7.1 Latvia Roofing Materials Market Export to Major Countries |
7.2 Latvia Roofing Materials Market Imports from Major Countries |
8 Latvia Roofing Materials Market Key Performance Indicators |
8.1 Average price per unit of roofing material |
8.2 Number of new construction permits issued |
8.3 Adoption rate of energy-efficient roofing solutions |
8.4 Average lifespan of roofing materials |
8.5 Customer satisfaction ratings for roofing products |
9 Latvia Roofing Materials Market - Opportunity Assessment |
9.1 Latvia Roofing Materials Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Roofing Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Roofing Materials Market - Competitive Landscape |
10.1 Latvia Roofing Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Roofing Materials 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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