| Product Code: ETC10297717 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Latvia soy-based adhesive import market in 2024 saw a diverse range of top exporting countries including Germany, Estonia, Finland, Sweden, and Lithuania. Despite a negative Compound Annual Growth Rate (CAGR) of -4.86% from 2020 to 2024 and a steep decline in growth rate from 2023 to 2024 at -14.13%, the market maintained low concentration levels with a low Herfindahl-Hirschman Index (HHI). This suggests a competitive landscape and continued opportunities for market players in the soy-based adhesive import sector 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 Soy Based Adhesive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soy Based Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soy Based Adhesive Market - Industry Life Cycle |
3.4 Latvia Soy Based Adhesive Market - Porter's Five Forces |
3.5 Latvia Soy Based Adhesive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Soy Based Adhesive Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Soy Based Adhesive Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Soy Based Adhesive Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.9 Latvia Soy Based Adhesive Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Soy Based Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Soy Based Adhesive Market Trends |
6 Latvia Soy Based Adhesive Market, By Types |
6.1 Latvia Soy Based Adhesive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soy Based Adhesive Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Soy Based Adhesive Market Revenues & Volume, By Soy Protein based, 2021 - 2031F |
6.1.4 Latvia Soy Based Adhesive Market Revenues & Volume, By Soy Oil based, 2021 - 2031F |
6.1.5 Latvia Soy Based Adhesive Market Revenues & Volume, By Soy Flour based, 2021 - 2031F |
6.1.6 Latvia Soy Based Adhesive Market Revenues & Volume, By Soy based Resins, 2021 - 2031F |
6.2 Latvia Soy Based Adhesive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soy Based Adhesive Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Latvia Soy Based Adhesive Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.2.4 Latvia Soy Based Adhesive Market Revenues & Volume, By Woodworking, 2021 - 2031F |
6.2.5 Latvia Soy Based Adhesive Market Revenues & Volume, By Labels, 2021 - 2031F |
6.2.6 Latvia Soy Based Adhesive Market Revenues & Volume, By Paper, 2021 - 2031F |
6.3 Latvia Soy Based Adhesive Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Soy Based Adhesive Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Soy Based Adhesive Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.4 Latvia Soy Based Adhesive Market Revenues & Volume, By Textile, 2021 - 2031F |
6.3.5 Latvia Soy Based Adhesive Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.6 Latvia Soy Based Adhesive Market Revenues & Volume, By Medical, 2021 - 2031F |
6.4 Latvia Soy Based Adhesive Market, By Product Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Soy Based Adhesive Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4.3 Latvia Soy Based Adhesive Market Revenues & Volume, By Solid, 2021 - 2031F |
6.4.4 Latvia Soy Based Adhesive Market Revenues & Volume, By Gel, 2021 - 2031F |
6.4.5 Latvia Soy Based Adhesive Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.6 Latvia Soy Based Adhesive Market Revenues & Volume, By Paste, 2021 - 2031F |
6.5 Latvia Soy Based Adhesive Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Soy Based Adhesive Market Revenues & Volume, By Online, 2021 - 2031F |
6.5.3 Latvia Soy Based Adhesive Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.4 Latvia Soy Based Adhesive Market Revenues & Volume, By Retail, 2021 - 2031F |
6.5.5 Latvia Soy Based Adhesive Market Revenues & Volume, By Wholesale, 2021 - 2031F |
7 Latvia Soy Based Adhesive Market Import-Export Trade Statistics |
7.1 Latvia Soy Based Adhesive Market Export to Major Countries |
7.2 Latvia Soy Based Adhesive Market Imports from Major Countries |
8 Latvia Soy Based Adhesive Market Key Performance Indicators |
9 Latvia Soy Based Adhesive Market - Opportunity Assessment |
9.1 Latvia Soy Based Adhesive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Soy Based Adhesive Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Soy Based Adhesive Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Soy Based Adhesive Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.5 Latvia Soy Based Adhesive Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Soy Based Adhesive Market - Competitive Landscape |
10.1 Latvia Soy Based Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soy Based Adhesive 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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