| Product Code: ETC7923113 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in textile dyestuff imports, with Germany, Finland, Sweden, Poland, and Lithuania emerging as top exporting countries. The Herfindahl-Hirschman Index (HHI) indicated a shift from moderate to very high concentration within a year, reflecting a more consolidated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 9.55% from 2020 to 2024 highlights sustained sector expansion, further boosted by a remarkable growth rate of 51.95% in 2024 alone. This data suggests a thriving market for textile dyestuffs in Latvia, driven by strong demand and strategic partnerships with key exporting nations.

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 Dyestuff Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Textile Dyestuff Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Textile Dyestuff Market - Industry Life Cycle |
3.4 Latvia Textile Dyestuff Market - Porter's Five Forces |
3.5 Latvia Textile Dyestuff Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Textile Dyestuff Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Textile Dyestuff Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly textile dyestuffs |
4.2.2 Growth in the textile industry in Latvia |
4.2.3 Rising disposable income leading to higher spending on textiles |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent environmental regulations impacting production processes |
4.3.3 Competition from imported textile dyestuffs |
5 Latvia Textile Dyestuff Market Trends |
6 Latvia Textile Dyestuff Market, By Types |
6.1 Latvia Textile Dyestuff Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Textile Dyestuff Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Textile Dyestuff Market Revenues & Volume, By Disperse Dyes, 2021- 2031F |
6.1.4 Latvia Textile Dyestuff Market Revenues & Volume, By Reactive Dyes, 2021- 2031F |
6.1.5 Latvia Textile Dyestuff Market Revenues & Volume, By Sulfur Dyes, 2021- 2031F |
6.1.6 Latvia Textile Dyestuff Market Revenues & Volume, By Vat Dyes, 2021- 2031F |
6.1.7 Latvia Textile Dyestuff Market Revenues & Volume, By Acid Dyes, 2021- 2031F |
6.1.8 Latvia Textile Dyestuff Market Revenues & Volume, By Other Dyes, 2021- 2031F |
6.2 Latvia Textile Dyestuff Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Textile Dyestuff Market Revenues & Volume, By lyester Fibers, Cellulose Acetate Fibers, 2021- 2031F |
6.2.3 Latvia Textile Dyestuff Market Revenues & Volume, By Cotton Textiles, 2021- 2031F |
6.2.4 Latvia Textile Dyestuff Market Revenues & Volume, By Wool, Silk, Polyurethane Fibers, 2021- 2031F |
6.2.5 Latvia Textile Dyestuff Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Textile Dyestuff Market Import-Export Trade Statistics |
7.1 Latvia Textile Dyestuff Market Export to Major Countries |
7.2 Latvia Textile Dyestuff Market Imports from Major Countries |
8 Latvia Textile Dyestuff Market Key Performance Indicators |
8.1 Percentage of textile dyestuffs meeting sustainability standards |
8.2 Innovation rate in the textile dyestuff industry |
8.3 Adoption rate of eco-friendly textile dyestuffs by manufacturers |
8.4 Research and development investment in new dye technologies |
8.5 Customer satisfaction and loyalty towards locally produced textile dyestuffs |
9 Latvia Textile Dyestuff Market - Opportunity Assessment |
9.1 Latvia Textile Dyestuff Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Textile Dyestuff Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Textile Dyestuff Market - Competitive Landscape |
10.1 Latvia Textile Dyestuff Market Revenue Share, By Companies, 2024 |
10.2 Latvia Textile Dyestuff 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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