| Product Code: ETC5638836 | 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 textile dyes import market in Latvia experienced significant growth in 2024, with a high concentration of imports coming from Germany, USA, Poland, Estonia, and Italy. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration of imports in 2024 compared to 2023. The impressive Compound Annual Growth Rate (CAGR) of 31.35% from 2020 to 2024 highlights the increasing demand for textile dyes in Latvia. Moreover, the remarkable growth rate of 386.24% from 2023 to 2024 suggests a rapid expansion in the import market, indicating a lucrative opportunity for market players.

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 Textile Dyes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Textile Dyes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Textile Dyes Market - Industry Life Cycle |
3.4 Latvia Textile Dyes Market - Porter's Five Forces |
3.5 Latvia Textile Dyes Market Revenues & Volume Share, By Dye Type, 2021 & 2031F |
3.6 Latvia Textile Dyes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Textile Dyes Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
4 Latvia Textile Dyes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable textile dyes |
4.2.2 Increasing focus on innovation and product development in the textile industry |
4.2.3 Favorable government regulations supporting the use of textile dyes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute products like natural dyes |
4.3.3 Environmental concerns related to the disposal of textile dyes waste |
5 Latvia Textile Dyes Market Trends |
6 Latvia Textile Dyes Market Segmentations |
6.1 Latvia Textile Dyes Market, By Dye Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Textile Dyes Market Revenues & Volume, By Direct, 2021-2031F |
6.1.3 Latvia Textile Dyes Market Revenues & Volume, By Reactive, 2021-2031F |
6.1.4 Latvia Textile Dyes Market Revenues & Volume, By VAT, 2021-2031F |
6.1.5 Latvia Textile Dyes Market Revenues & Volume, By Basic, 2021-2031F |
6.1.6 Latvia Textile Dyes Market Revenues & Volume, By Acid, 2021-2031F |
6.1.7 Latvia Textile Dyes Market Revenues & Volume, By Disperse, 2021-2031F |
6.2 Latvia Textile Dyes Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Textile Dyes Market Revenues & Volume, By Cellulose, 2021-2031F |
6.2.3 Latvia Textile Dyes Market Revenues & Volume, By Protein, 2021-2031F |
6.2.4 Latvia Textile Dyes Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 Latvia Textile Dyes Market, By Fiber Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Textile Dyes Market Revenues & Volume, By Wool, 2021-2031F |
6.3.3 Latvia Textile Dyes Market Revenues & Volume, By Nylon, 2021-2031F |
6.3.4 Latvia Textile Dyes Market Revenues & Volume, By Cotton, 2021-2031F |
6.3.5 Latvia Textile Dyes Market Revenues & Volume, By Viscose, 2021-2031F |
6.3.6 Latvia Textile Dyes Market Revenues & Volume, By Polyester, 2021-2031F |
6.3.7 Latvia Textile Dyes Market Revenues & Volume, By Acrylic, 2021-2031F |
7 Latvia Textile Dyes Market Import-Export Trade Statistics |
7.1 Latvia Textile Dyes Market Export to Major Countries |
7.2 Latvia Textile Dyes Market Imports from Major Countries |
8 Latvia Textile Dyes Market Key Performance Indicators |
8.1 Percentage of revenue generated from eco-friendly textile dyes |
8.2 Research and development expenditure as a percentage of total revenue |
8.3 Compliance with environmental regulations in the textile dye manufacturing process |
9 Latvia Textile Dyes Market - Opportunity Assessment |
9.1 Latvia Textile Dyes Market Opportunity Assessment, By Dye Type, 2021 & 2031F |
9.2 Latvia Textile Dyes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Textile Dyes Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
10 Latvia Textile Dyes Market - Competitive Landscape |
10.1 Latvia Textile Dyes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Textile Dyes 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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