| Product Code: ETC5525254 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s yarn, fiber, and thread import market continued to see significant growth in 2024, with top exporting countries including Italy, Finland, India, China, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 22.94% from 2020 to 2024 underscores the market`s dynamism. Moreover, the remarkable growth rate of 150.71% from 2023 to 2024 suggests a surge in demand for these products in Latvia. This data points towards a thriving import market for yarn, fiber, and thread in the country.
fiber and thread market
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 Yarn, Fiber and Thread Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yarn, Fiber and Thread Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yarn, Fiber and Thread Market - Industry Life Cycle |
3.4 Latvia Yarn, Fiber and Thread Market - Porter's Five Forces |
3.5 Latvia Yarn, Fiber and Thread Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Yarn, Fiber and Thread Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Yarn, Fiber and Thread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly textiles |
4.2.2 Increasing adoption of advanced technologies in textile manufacturing |
4.2.3 Favorable government policies promoting the textile industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other textile manufacturing countries |
4.3.3 Economic instability affecting consumer spending on textiles |
5 Latvia Yarn, Fiber and Thread Market Trends |
6 Latvia Yarn, Fiber and Thread Market Segmentations |
6.1 Latvia Yarn, Fiber and Thread Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yarn, Fiber and Thread Market Revenues & Volume, By Regular Products, 2021-2031F |
6.1.3 Latvia Yarn, Fiber and Thread Market Revenues & Volume, By Special Products, 2021-2031F |
6.2 Latvia Yarn, Fiber and Thread Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yarn, Fiber and Thread Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Latvia Yarn, Fiber and Thread Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Yarn, Fiber and Thread Market Import-Export Trade Statistics |
7.1 Latvia Yarn, Fiber and Thread Market Export to Major Countries |
7.2 Latvia Yarn, Fiber and Thread Market Imports from Major Countries |
8 Latvia Yarn, Fiber and Thread Market Key Performance Indicators |
8.1 Percentage of recycled materials used in yarn and fiber production |
8.2 Adoption rate of automation and digitalization in textile manufacturing processes |
8.3 Number of new textile manufacturing facilities established in Latvia |
8.4 Average production efficiency and waste reduction in yarn and thread manufacturing |
8.5 Percentage of exports of Latvian yarn, fiber, and thread to international markets |
9 Latvia Yarn, Fiber and Thread Market - Opportunity Assessment |
9.1 Latvia Yarn, Fiber and Thread Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Yarn, Fiber and Thread Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Yarn, Fiber and Thread Market - Competitive Landscape |
10.1 Latvia Yarn, Fiber and Thread Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yarn, Fiber and Thread 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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