| Product Code: ETC5211393 | 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 |
In 2024, Latvia saw significant import shipments of roving frames, with top exporters including the UK, Metropolitan France, Denmark, Turkey, and China. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) for 2020-2024 was positive at 9.51%. However, there was a notable decline in growth from 2023 to 2024, with a negative growth rate of -45.1%. This fluctuation suggests a dynamic market for roving frames in Latvia, influenced by various factors impacting trade and industry trends.

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 Roving Frame Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Roving Frame Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Roving Frame Market - Industry Life Cycle |
3.4 Latvia Roving Frame Market - Porter's Five Forces |
3.5 Latvia Roving Frame Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Roving Frame Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Roving Frame Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-quality yarns in the textile industry |
4.2.2 Technological advancements leading to more efficient roving frames |
4.2.3 Increasing investments in textile manufacturing sector in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from international roving frame manufacturers |
4.3.3 Regulatory challenges and compliance requirements affecting market entry barriers |
5 Latvia Roving Frame Market Trends |
6 Latvia Roving Frame Market Segmentations |
6.1 Latvia Roving Frame Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Roving Frame Market Revenues & Volume, By Semiautomatic, 2021-2031F |
6.1.3 Latvia Roving Frame Market Revenues & Volume, By Automatic, 2021-2031F |
6.2 Latvia Roving Frame Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Roving Frame Market Revenues & Volume, By Cotton Textile Industry, 2021-2031F |
6.2.3 Latvia Roving Frame Market Revenues & Volume, By Woolen Textile Industry, 2021-2031F |
6.2.4 Latvia Roving Frame Market Revenues & Volume, By Linen Textile Industry, 2021-2031F |
7 Latvia Roving Frame Market Import-Export Trade Statistics |
7.1 Latvia Roving Frame Market Export to Major Countries |
7.2 Latvia Roving Frame Market Imports from Major Countries |
8 Latvia Roving Frame Market Key Performance Indicators |
8.1 Percentage increase in adoption of automated roving frames |
8.2 Rate of innovation in roving frame technology |
8.3 Number of partnerships and collaborations within the textile manufacturing industry in Latvia |
9 Latvia Roving Frame Market - Opportunity Assessment |
9.1 Latvia Roving Frame Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Roving Frame Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Roving Frame Market - Competitive Landscape |
10.1 Latvia Roving Frame Market Revenue Share, By Companies, 2024 |
10.2 Latvia Roving Frame 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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