| Product Code: ETC5523392 | 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 |
Latvia`s ropes and cordages import market in 2024 saw significant growth, with top exporters like Germany, UK, and China leading the way. Despite a slight decline in the CAGR from 2020-24, the industry experienced a notable growth rate of 20.43% in 2024. The market concentration, as measured by the HHI, remained at a moderate level, indicating a healthy level of competition among the key players. This data suggests a dynamic and evolving market landscape for ropes and cordages imports in Latvia.

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 Ropes and Cordages Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ropes and Cordages Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ropes and Cordages Market - Industry Life Cycle |
3.4 Latvia Ropes and Cordages Market - Porter's Five Forces |
3.5 Latvia Ropes and Cordages Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Latvia Ropes and Cordages Market Revenues & Volume Share, By Twist Type, 2021 & 2031F |
3.7 Latvia Ropes and Cordages Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Latvia Ropes and Cordages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ropes and cordages in the shipping and maritime industry. |
4.2.2 Growth in the construction sector leading to higher demand for ropes and cordages for lifting and securing purposes. |
4.2.3 Rising popularity of outdoor recreational activities driving the need for ropes and cordages for various applications. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production costs of ropes and cordages. |
4.3.2 Competition from substitute products like chains and synthetic materials affecting market growth. |
4.3.3 Regulatory challenges related to safety standards and environmental concerns in the manufacturing of ropes and cordages. |
5 Latvia Ropes and Cordages Market Trends |
6 Latvia Ropes and Cordages Market Segmentations |
6.1 Latvia Ropes and Cordages Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ropes and Cordages Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Latvia Ropes and Cordages Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Latvia Ropes and Cordages Market, By Twist Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ropes and Cordages Market Revenues & Volume, By Strand Braided Rope, 2021-2031F |
6.2.3 Latvia Ropes and Cordages Market Revenues & Volume, By Double Braided Rope, 2021-2031F |
6.2.4 Latvia Ropes and Cordages Market Revenues & Volume, By Turbo Braided Rope, 2021-2031F |
6.3 Latvia Ropes and Cordages Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ropes and Cordages Market Revenues & Volume, By Marine & Fishing, 2021-2031F |
6.3.3 Latvia Ropes and Cordages Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.4 Latvia Ropes and Cordages Market Revenues & Volume, By Sports & Leisure, 2021-2031F |
6.3.5 Latvia Ropes and Cordages Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Latvia Ropes and Cordages Market Revenues & Volume, By Construction, 2021-2031F |
6.3.7 Latvia Ropes and Cordages Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Ropes and Cordages Market Import-Export Trade Statistics |
7.1 Latvia Ropes and Cordages Market Export to Major Countries |
7.2 Latvia Ropes and Cordages Market Imports from Major Countries |
8 Latvia Ropes and Cordages Market Key Performance Indicators |
8.1 Average selling price of ropes and cordages. |
8.2 Number of new product developments or innovations in the market. |
8.3 Customer satisfaction levels with the quality and durability of ropes and cordages. |
8.4 Percentage of market share held by key players in the industry. |
8.5 Rate of adoption of advanced technologies in rope and cordage manufacturing processes. |
9 Latvia Ropes and Cordages Market - Opportunity Assessment |
9.1 Latvia Ropes and Cordages Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Latvia Ropes and Cordages Market Opportunity Assessment, By Twist Type, 2021 & 2031F |
9.3 Latvia Ropes and Cordages Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Latvia Ropes and Cordages Market - Competitive Landscape |
10.1 Latvia Ropes and Cordages Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ropes and Cordages 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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