| Product Code: ETC10349749 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia`s rubber tyre import market experienced significant growth, with top exporters being China, Poland, South Korea, Estonia, and Sweden. The market concentration, as measured by the HHI, shifted from moderate to high concentration within a year. The impressive Compound Annual Growth Rate (CAGR) of 6.68% from 2020 to 2024 indicates a steady expansion. Moreover, the notable growth rate of 22.24% from 2023 to 2024 suggests a surge in demand for rubber tyres in Latvia. This data underscores the dynamic nature of the market and the increasing importance of these key exporting countries in meeting Latvia`s rubber tyre needs.

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 Rubber Tyre Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rubber Tyre Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rubber Tyre Market - Industry Life Cycle |
3.4 Latvia Rubber Tyre Market - Porter's Five Forces |
3.5 Latvia Rubber Tyre Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rubber Tyre Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Rubber Tyre Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Rubber Tyre Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Rubber Tyre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Rubber Tyre Market Trends |
6 Latvia Rubber Tyre Market, By Types |
6.1 Latvia Rubber Tyre Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rubber Tyre Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Rubber Tyre Market Revenues & Volume, By Radial, 2021 - 2031F |
6.1.4 Latvia Rubber Tyre Market Revenues & Volume, By Bias, 2021 - 2031F |
6.1.5 Latvia Rubber Tyre Market Revenues & Volume, By Solid, 2021 - 2031F |
6.1.6 Latvia Rubber Tyre Market Revenues & Volume, By Tubeless, 2021 - 2031F |
6.1.7 Latvia Rubber Tyre Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Rubber Tyre Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rubber Tyre Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.2.3 Latvia Rubber Tyre Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.2.4 Latvia Rubber Tyre Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Rubber Tyre Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rubber Tyre Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.3.3 Latvia Rubber Tyre Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Latvia Rubber Tyre Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F |
6.3.5 Latvia Rubber Tyre Market Revenues & Volume, By Agricultural Machinery, 2021 - 2031F |
6.3.6 Latvia Rubber Tyre Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Rubber Tyre Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rubber Tyre Market Revenues & Volume, By On-road Use, 2021 - 2031F |
6.4.3 Latvia Rubber Tyre Market Revenues & Volume, By Off-road Use, 2021 - 2031F |
6.4.4 Latvia Rubber Tyre Market Revenues & Volume, By Heavy-duty Use, 2021 - 2031F |
6.4.5 Latvia Rubber Tyre Market Revenues & Volume, By Farming Vehicles, 2021 - 2031F |
6.4.6 Latvia Rubber Tyre Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Rubber Tyre Market Import-Export Trade Statistics |
7.1 Latvia Rubber Tyre Market Export to Major Countries |
7.2 Latvia Rubber Tyre Market Imports from Major Countries |
8 Latvia Rubber Tyre Market Key Performance Indicators |
9 Latvia Rubber Tyre Market - Opportunity Assessment |
9.1 Latvia Rubber Tyre Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rubber Tyre Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Rubber Tyre Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Rubber Tyre Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Rubber Tyre Market - Competitive Landscape |
10.1 Latvia Rubber Tyre Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rubber Tyre 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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