| Product Code: ETC5759068 | 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 solar backsheet import market in 2024 saw significant contributions from Metropolitan France, Lithuania, Belgium, Estonia, and Germany. Despite the diverse sources, the market maintained low concentration levels with a Herfindahl-Hirschman Index (HHI) indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 12.92%, although there was a slight decline in growth rate from 2023 to 2024 at -2.89%. Overall, the market shows resilience and attractiveness for solar backsheet imports in Latvia.

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 Solar Backsheet Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solar Backsheet Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solar Backsheet Market - Industry Life Cycle |
3.4 Latvia Solar Backsheet Market - Porter's Five Forces |
3.5 Latvia Solar Backsheet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Solar Backsheet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Solar Backsheet Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 Latvia Solar Backsheet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for solar energy projects in Latvia |
4.2.2 Increasing awareness and adoption of renewable energy sources |
4.2.3 Rising demand for clean energy solutions in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with solar energy projects |
4.3.2 Limited availability of skilled labor for solar installations in Latvia |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 Latvia Solar Backsheet Market Trends |
6 Latvia Solar Backsheet Market Segmentations |
6.1 Latvia Solar Backsheet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solar Backsheet Market Revenues & Volume, By Fluoropolymer , 2021-2031F |
6.1.3 Latvia Solar Backsheet Market Revenues & Volume, By Non-Fluoropolymer, 2021-2031F |
6.2 Latvia Solar Backsheet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solar Backsheet Market Revenues & Volume, By Utility, 2021-2031F |
6.2.3 Latvia Solar Backsheet Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Latvia Solar Backsheet Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.5 Latvia Solar Backsheet Market Revenues & Volume, By Residential, 2021-2031F |
6.2.6 Latvia Solar Backsheet Market Revenues & Volume, By Military, 2021-2031F |
6.3 Latvia Solar Backsheet Market, By Installation |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solar Backsheet Market Revenues & Volume, By Roof-Mounted, 2021-2031F |
6.3.3 Latvia Solar Backsheet Market Revenues & Volume, By Ground-Mounted, 2021-2031F |
6.3.4 Latvia Solar Backsheet Market Revenues & Volume, By Floating Power Plant, 2021-2031F |
7 Latvia Solar Backsheet Market Import-Export Trade Statistics |
7.1 Latvia Solar Backsheet Market Export to Major Countries |
7.2 Latvia Solar Backsheet Market Imports from Major Countries |
8 Latvia Solar Backsheet Market Key Performance Indicators |
8.1 Average installation time for solar backsheet products |
8.2 Number of new solar energy projects initiated in Latvia |
8.3 Percentage of energy consumption in Latvia from solar sources |
9 Latvia Solar Backsheet Market - Opportunity Assessment |
9.1 Latvia Solar Backsheet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Solar Backsheet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Solar Backsheet Market Opportunity Assessment, By Installation, 2021 & 2031F |
10 Latvia Solar Backsheet Market - Competitive Landscape |
10.1 Latvia Solar Backsheet Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solar Backsheet 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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