| Product Code: ETC7922459 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s structural core import shipments in 2024 show a significant increase in concentration, with top exporting countries being Poland, Germany, Lithuania, and Norway. The Herfindahl-Hirschman Index (HHI) shifted from moderate to high concentration, indicating a more consolidated market. Despite a high compound annual growth rate (CAGR) of 21.67% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -7.72%. This suggests a potential shift in market dynamics or external factors impacting the import landscape for structural core materials 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 Structural Core Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Structural Core Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Structural Core Market - Industry Life Cycle |
3.4 Latvia Structural Core Market - Porter's Five Forces |
3.5 Latvia Structural Core Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Structural Core Market Revenues & Volume Share, By Outer skin, 2021 & 2031F |
3.7 Latvia Structural Core Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Latvia Structural Core Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects in Latvia |
4.2.2 Growing demand for sustainable and energy-efficient construction materials |
4.2.3 Government initiatives promoting the use of locally sourced materials in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of structural core materials |
4.3.2 Regulatory challenges in terms of environmental compliance and building standards |
4.3.3 Competition from alternative building materials such as steel and composites |
5 Latvia Structural Core Market Trends |
6 Latvia Structural Core Market, By Types |
6.1 Latvia Structural Core Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Structural Core Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Structural Core Market Revenues & Volume, By Foam, 2021- 2031F |
6.1.4 Latvia Structural Core Market Revenues & Volume, By Honeycomb, 2021- 2031F |
6.1.5 Latvia Structural Core Market Revenues & Volume, By Balsa, 2021- 2031F |
6.2 Latvia Structural Core Market, By Outer skin |
6.2.1 Overview and Analysis |
6.2.2 Latvia Structural Core Market Revenues & Volume, By GFRP, 2021- 2031F |
6.2.3 Latvia Structural Core Market Revenues & Volume, By CFRP, 2021- 2031F |
6.2.4 Latvia Structural Core Market Revenues & Volume, By NFRP, 2021- 2031F |
6.3 Latvia Structural Core Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Structural Core Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.3 Latvia Structural Core Market Revenues & Volume, By Wind Energy, 2021- 2031F |
6.3.4 Latvia Structural Core Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.5 Latvia Structural Core Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.6 Latvia Structural Core Market Revenues & Volume, By Construction, 2021- 2031F |
7 Latvia Structural Core Market Import-Export Trade Statistics |
7.1 Latvia Structural Core Market Export to Major Countries |
7.2 Latvia Structural Core Market Imports from Major Countries |
8 Latvia Structural Core Market Key Performance Indicators |
8.1 Percentage of construction projects using sustainable structural core materials |
8.2 Average lead time from procurement to installation of structural core materials |
8.3 Adoption rate of locally sourced structural core materials in construction projects |
9 Latvia Structural Core Market - Opportunity Assessment |
9.1 Latvia Structural Core Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Structural Core Market Opportunity Assessment, By Outer skin, 2021 & 2031F |
9.3 Latvia Structural Core Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Latvia Structural Core Market - Competitive Landscape |
10.1 Latvia Structural Core Market Revenue Share, By Companies, 2024 |
10.2 Latvia Structural Core 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.
To discover high-growth global markets and optimize your business strategy:
Click Here