| Product Code: ETC4949250 | 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 |
In 2024, Latvia saw consistent growth in its windows import shipments, with a Compound Annual Growth Rate (CAGR) of 9.78% from 2020 to 2024. Despite a slight decrease in the growth rate from 2023 to 2024 (-1.27%), the market remains stable. The top countries exporting windows to Latvia include Poland, Estonia, Lithuania, China, and Germany, indicating a diverse sourcing network. With moderate concentration measured by the Herfindahl-Hirschman Index (HHI), Latvia`s windows import market presents opportunities for continued expansion and collaboration with key trading partners.

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 Windows Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Windows Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Windows Market - Industry Life Cycle |
3.4 Latvia Windows Market - Porter's Five Forces |
3.5 Latvia Windows Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Windows Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Windows Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Latvia |
4.2.2 Increasing demand for energy-efficient windows |
4.2.3 Government incentives and regulations promoting sustainable building practices |
4.3 Market Restraints |
4.3.1 Economic instability in Latvia |
4.3.2 Fluctuating raw material prices |
4.3.3 Competition from alternative building materials |
5 Latvia Windows Market Trends |
6 Latvia Windows Market Segmentations |
6.1 Latvia Windows Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Windows Market Revenues & Volume, By uPVC, 2021-2031F |
6.1.3 Latvia Windows Market Revenues & Volume, By Wood, 2021-2031F |
6.1.4 Latvia Windows Market Revenues & Volume, By Metal, 2021-2031F |
6.1.5 Latvia Windows Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Windows Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Windows Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Windows Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Windows Market Import-Export Trade Statistics |
7.1 Latvia Windows Market Export to Major Countries |
7.2 Latvia Windows Market Imports from Major Countries |
8 Latvia Windows Market Key Performance Indicators |
8.1 Energy efficiency ratings of windows sold in the market |
8.2 Number of new construction projects utilizing windows in Latvia |
8.3 Adoption rate of sustainable building practices in the construction industry |
9 Latvia Windows Market - Opportunity Assessment |
9.1 Latvia Windows Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Windows Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Windows Market - Competitive Landscape |
10.1 Latvia Windows Market Revenue Share, By Companies, 2024 |
10.2 Latvia Windows 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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