| Product Code: ETC7921021 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of screw caps into Latvia in 2024 saw a notable shift in market concentration from low to moderate, indicating a more competitive landscape. Top exporting countries such as Germany, Metropolitan France, Lithuania, Poland, and Ukraine are key players driving growth with a strong CAGR of 14.01% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 (-13.28%), the overall market performance remains robust, reflecting ongoing opportunities and challenges in the Latvian screw caps import market.

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 Screw Caps Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Screw Caps Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Screw Caps Market - Industry Life Cycle |
3.4 Latvia Screw Caps Market - Porter's Five Forces |
3.5 Latvia Screw Caps Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Screw Caps Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Screw Caps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient packaging solutions |
4.2.2 Growth in the beverage and pharmaceutical industries in Latvia |
4.2.3 Emphasis on sustainability leading to the adoption of eco-friendly screw caps |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative packaging solutions |
4.3.3 Regulatory challenges related to packaging waste management |
5 Latvia Screw Caps Market Trends |
6 Latvia Screw Caps Market, By Types |
6.1 Latvia Screw Caps Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Screw Caps Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Screw Caps Market Revenues & Volume, By Aluminum, 2021- 2031F |
6.1.4 Latvia Screw Caps Market Revenues & Volume, By Plastics, 2021- 2031F |
6.1.5 Latvia Screw Caps Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Screw Caps Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Screw Caps Market Revenues & Volume, By Beverage, 2021- 2031F |
6.2.3 Latvia Screw Caps Market Revenues & Volume, By Wine and Spirits, 2021- 2031F |
6.2.4 Latvia Screw Caps Market Revenues & Volume, By Food, 2021- 2031F |
6.2.5 Latvia Screw Caps Market Revenues & Volume, By Cosmetic, 2021- 2031F |
6.2.6 Latvia Screw Caps Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.7 Latvia Screw Caps Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Screw Caps Market Import-Export Trade Statistics |
7.1 Latvia Screw Caps Market Export to Major Countries |
7.2 Latvia Screw Caps Market Imports from Major Countries |
8 Latvia Screw Caps Market Key Performance Indicators |
8.1 Percentage of screw caps made from recycled materials |
8.2 Adoption rate of innovative screw cap designs |
8.3 Number of partnerships with key players in the beverage and pharmaceutical industries |
9 Latvia Screw Caps Market - Opportunity Assessment |
9.1 Latvia Screw Caps Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Screw Caps Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Screw Caps Market - Competitive Landscape |
10.1 Latvia Screw Caps Market Revenue Share, By Companies, 2024 |
10.2 Latvia Screw Caps 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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