| Product Code: ETC7921022 | 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 |
In 2024, Latvia saw a significant increase in screw closures import shipments, with top exporting countries being Germany, Metropolitan France, Lithuania, Poland, and Ukraine. The market exhibited a transition from low to moderate concentration, signaling increased competitiveness. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 14.01%. This data suggests a dynamic market landscape for screw closures in Latvia, with opportunities for both local and international suppliers to capitalize on the growing demand.

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 Closures Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Screw Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Screw Closures Market - Industry Life Cycle |
3.4 Latvia Screw Closures Market - Porter's Five Forces |
3.5 Latvia Screw Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.6 Latvia Screw Closures Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Screw Closures Market Revenues & Volume Share, By Neck Finish, 2021 & 2031F |
3.8 Latvia Screw Closures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Screw Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in Latvia |
4.2.2 Growing emphasis on sustainability and recyclability in packaging solutions |
4.2.3 Expansion of the cosmetics and personal care industry in Latvia |
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 Closures Market Trends |
6 Latvia Screw Closures Market, By Types |
6.1 Latvia Screw Closures Market, By Diameter |
6.1.1 Overview and Analysis |
6.1.2 Latvia Screw Closures Market Revenues & Volume, By Diameter, 2021- 2031F |
6.1.3 Latvia Screw Closures Market Revenues & Volume, By 18 mm - 33 mm, 2021- 2031F |
6.1.4 Latvia Screw Closures Market Revenues & Volume, By 36 mm - 53 mm, 2021- 2031F |
6.1.5 Latvia Screw Closures Market Revenues & Volume, By 63 mm - 100 mm, 2021- 2031F |
6.1.6 Latvia Screw Closures Market Revenues & Volume, By Above 100 mm, 2021- 2031F |
6.2 Latvia Screw Closures Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Screw Closures Market Revenues & Volume, By LDPE, 2021- 2031F |
6.2.3 Latvia Screw Closures Market Revenues & Volume, By HDPE, 2021- 2031F |
6.2.4 Latvia Screw Closures Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.2.5 Latvia Screw Closures Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.6 Latvia Screw Closures Market Revenues & Volume, By Thermoset, 2021- 2031F |
6.2.7 Latvia Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Screw Closures Market, By Neck Finish |
6.3.1 Overview and Analysis |
6.3.2 Latvia Screw Closures Market Revenues & Volume, By 400 (1 Thread Turn), 2021- 2031F |
6.3.3 Latvia Screw Closures Market Revenues & Volume, By 410 (1.5 Thread Turn), 2021- 2031F |
6.3.4 Latvia Screw Closures Market Revenues & Volume, By 415 (2 Thread Turn), 2021- 2031F |
6.3.5 Latvia Screw Closures Market Revenues & Volume, By 425 (2 Thread Turn), 2021- 2031F |
6.3.6 Latvia Screw Closures Market Revenues & Volume, By Above 430 (More than 2 Thread Turn), 2021- 2031F |
6.4 Latvia Screw Closures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Screw Closures Market Revenues & Volume, By Beverages, 2021- 2031F |
6.4.3 Latvia Screw Closures Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Latvia Screw Closures Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Latvia Screw Closures Market Revenues & Volume, By Household, 2021- 2031F |
6.4.6 Latvia Screw Closures Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.4.7 Latvia Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Screw Closures Market Import-Export Trade Statistics |
7.1 Latvia Screw Closures Market Export to Major Countries |
7.2 Latvia Screw Closures Market Imports from Major Countries |
8 Latvia Screw Closures Market Key Performance Indicators |
8.1 Percentage of screw closures made from recyclable materials |
8.2 Number of new product launches incorporating screw closures |
8.3 Customer satisfaction ratings related to the functionality of screw closures |
9 Latvia Screw Closures Market - Opportunity Assessment |
9.1 Latvia Screw Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.2 Latvia Screw Closures Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Screw Closures Market Opportunity Assessment, By Neck Finish, 2021 & 2031F |
9.4 Latvia Screw Closures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Screw Closures Market - Competitive Landscape |
10.1 Latvia Screw Closures Market Revenue Share, By Companies, 2024 |
10.2 Latvia Screw Closures 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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