| Product Code: ETC5004445 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite experiencing a significant decline in the CAGR and growth rate from 2020 to 2024, Latvia continues to heavily rely on straw imports from top exporting countries such as Poland, Lithuania, Netherlands, China, and Germany. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market dominated by these key players. It will be crucial for Latvia to evaluate the sustainability of its straw import sources and potentially explore diversification strategies to mitigate risks associated with overreliance on a few specific countries.

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 Straw Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Straw Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Straw Market - Industry Life Cycle |
3.4 Latvia Straw Market - Porter's Five Forces |
3.5 Latvia Straw Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Straw Market Revenues & Volume Share, By Straw Length, 2021 & 2031F |
3.7 Latvia Straw Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Latvia Straw Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Straw Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness leading to a shift towards eco-friendly products. |
4.2.2 Growing demand for sustainable and biodegradable packaging solutions. |
4.2.3 Government initiatives promoting the use of biodegradable materials in packaging. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for producing eco-friendly straws. |
4.3.2 High production costs associated with manufacturing biodegradable straws. |
4.3.3 Lack of awareness among consumers about the benefits of using eco-friendly alternatives. |
5 Latvia Straw Market Trends |
6 Latvia Straw Market Segmentations |
6.1 Latvia Straw Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Straw Market Revenues & Volume, By Plastic Straws, 2021-2031F |
6.1.3 Latvia Straw Market Revenues & Volume, By Bamboo Straws, 2021-2031F |
6.1.4 Latvia Straw Market Revenues & Volume, By Metal Straws, 2021-2031F |
6.1.5 Latvia Straw Market Revenues & Volume, By Paper Straws, 2021-2031F |
6.1.6 Latvia Straw Market Revenues & Volume, By Glass Straws, 2021-2031F |
6.1.7 Latvia Straw Market Revenues & Volume, By Silicone Straws, 2021-2031F |
6.2 Latvia Straw Market, By Straw Length |
6.2.1 Overview and Analysis |
6.2.2 Latvia Straw Market Revenues & Volume, By <9 cm Straws, 2021-2031F |
6.2.3 Latvia Straw Market Revenues & Volume, By 9-15 cm Straws, 2021-2031F |
6.2.4 Latvia Straw Market Revenues & Volume, By 16-20 cm Straws, 2021-2031F |
6.2.5 Latvia Straw Market Revenues & Volume, By >20 cm Straws, 2021-2031F |
6.3 Latvia Straw Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Straw Market Revenues & Volume, By Straw Manufacturers, 2021-2031F |
6.3.3 Latvia Straw Market Revenues & Volume, By Straw Distributors, 2021-2031F |
6.3.4 Latvia Straw Market Revenues & Volume, By Straw Retailers, 2021-2031F |
6.3.5 Latvia Straw Market Revenues & Volume, By E-retail of Straws, 2021-2031F |
6.4 Latvia Straw Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Straw Market Revenues & Volume, By Foodservice, 2021-2031F |
6.4.3 Latvia Straw Market Revenues & Volume, By Institutional, 2021-2031F |
6.4.4 Latvia Straw Market Revenues & Volume, By Households, 2021-2031F |
7 Latvia Straw Market Import-Export Trade Statistics |
7.1 Latvia Straw Market Export to Major Countries |
7.2 Latvia Straw Market Imports from Major Countries |
8 Latvia Straw Market Key Performance Indicators |
8.1 Percentage of businesses adopting biodegradable straws in their operations. |
8.2 Number of government policies supporting the use of eco-friendly materials. |
8.3 Amount of investments in research and development for sustainable packaging solutions. |
9 Latvia Straw Market - Opportunity Assessment |
9.1 Latvia Straw Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Straw Market Opportunity Assessment, By Straw Length, 2021 & 2031F |
9.3 Latvia Straw Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Latvia Straw Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Straw Market - Competitive Landscape |
10.1 Latvia Straw Market Revenue Share, By Companies, 2024 |
10.2 Latvia Straw 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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