| Product Code: ETC5319389 | 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 |
The Latvia skylight import market witnessed a shift in concentration levels from moderate to high in 2024, with top exporting countries including Lithuania, Germany, Estonia, Belgium, and Belarus. The market experienced a significant decline in CAGR from 2020 to 2024 at -21.22%, with a steep growth rate decrease of -29.25% from 2023 to 2024. This data suggests a challenging environment for skylight importers in Latvia, possibly indicating shifts in demand, supply chain disruptions, or changes in market dynamics. Monitoring these trends closely will be crucial for industry players to adapt and strategize effectively.

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 Skylight Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Skylight Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Skylight Market - Industry Life Cycle |
3.4 Latvia Skylight Market - Porter's Five Forces |
3.5 Latvia Skylight Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Skylight Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Latvia Skylight Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Skylight Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.9 Latvia Skylight Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Skylight Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in buildings |
4.2.2 Growing focus on enhancing natural light and aesthetics in architecture |
4.2.3 Government support and incentives for sustainable construction practices |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with skylight installation |
4.3.2 Limited awareness and understanding of the benefits of skylights among consumers |
4.3.3 Challenges related to maintenance and potential leakage issues |
5 Latvia Skylight Market Trends |
6 Latvia Skylight Market Segmentations |
6.1 Latvia Skylight Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Skylight Market Revenues & Volume, By Tubular, 2021-2031F |
6.1.3 Latvia Skylight Market Revenues & Volume, By Custom, 2021-2031F |
6.1.4 Latvia Skylight Market Revenues & Volume, By Pyramid, 2021-2031F |
6.1.5 Latvia Skylight Market Revenues & Volume, By Dome, 2021-2031F |
6.1.6 Latvia Skylight Market Revenues & Volume, By Barrel Vault, 2021-2031F |
6.2 Latvia Skylight Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Latvia Skylight Market Revenues & Volume, By Fixed, 2021-2031F |
6.2.3 Latvia Skylight Market Revenues & Volume, By Manual, 2021-2031F |
6.2.4 Latvia Skylight Market Revenues & Volume, By Electric, 2021-2031F |
6.3 Latvia Skylight Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Skylight Market Revenues & Volume, By Glass, 2021-2031F |
6.3.3 Latvia Skylight Market Revenues & Volume, By Acrylic, 2021-2031F |
6.3.4 Latvia Skylight Market Revenues & Volume, By Polycarbonate, 2021-2031F |
6.3.5 Latvia Skylight Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Skylight Market, By Installation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Skylight Market Revenues & Volume, By Replacement Demand, 2021-2031F |
6.4.3 Latvia Skylight Market Revenues & Volume, By New Construction, 2021-2031F |
6.5 Latvia Skylight Market, By End-users |
6.5.1 Overview and Analysis |
6.5.2 Latvia Skylight Market Revenues & Volume, By Residential, 2021-2031F |
6.5.3 Latvia Skylight Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Skylight Market Import-Export Trade Statistics |
7.1 Latvia Skylight Market Export to Major Countries |
7.2 Latvia Skylight Market Imports from Major Countries |
8 Latvia Skylight Market Key Performance Indicators |
8.1 Energy savings achieved through skylight installations |
8.2 Number of new sustainable construction projects incorporating skylights |
8.3 Percentage increase in skylight installations in residential and commercial buildings |
9 Latvia Skylight Market - Opportunity Assessment |
9.1 Latvia Skylight Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Skylight Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Latvia Skylight Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Skylight Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.5 Latvia Skylight Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Skylight Market - Competitive Landscape |
10.1 Latvia Skylight Market Revenue Share, By Companies, 2024 |
10.2 Latvia Skylight 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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