Latvia Yarn Market (2025-2031) | Revenue, Industry, Share, Size, Outlook, Value, Forecast, Companies, Analysis, Trends, Growth & Segmentation

Name: Latvia Yarn Market (2025-2031) | Trends & Size
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Yarn Market, Latvia Yarn Market, Latvia Yarn Market Revenues, Latvia Yarn Market Share, Latvia Yarn Market Size, Latvia Yarn Market Outlook, Latvia Yarn Market Report, Latvia Yarn Market Competition, Latvia Yarn Market Overview, Latvia Yarn Market Trends, Latvia Yarn Market Forecast

Market Forecast By Source (Animal, Chemical, Plant), By Material (Natural Fiber, Synthetic Fiber), By Material (Natural Fiber, Synthetic Fiber), By Application (Apparel, Home Textile, Industrial) And Competitive Landscape

Product Code: ETC5383628	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

Latvia Yarn Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s yarn import market in 2024 continues to be dominated by neighboring countries such as Lithuania and Poland, as well as countries further afield like Uzbekistan and Turkey. The high concentration of top exporting countries indicates a competitive market landscape. However, the negative compound annual growth rate (CAGR) from 2020 to 2024, along with a significant drop in growth rate from 2023 to 2024, suggests challenges and potential shifts in consumer demand or market dynamics within the yarn import industry in Latvia.

Latvia Yarn Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Yarn Market Outlook
Market Size of Latvia Yarn Market, 2024
Forecast of Latvia Yarn Market, 2031
Historical Data and Forecast of Latvia Yarn Revenues & Volume for the Period 2021-2031
Latvia Yarn Market Trend Evolution
Latvia Yarn Market Drivers and Challenges
Latvia Yarn Price Trends
Latvia Yarn Porter`s Five Forces
Latvia Yarn Industry Life Cycle
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Source for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Animal for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Chemical for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Plant for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Natural Fiber for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Synthetic Fiber for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Natural Fiber for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Synthetic Fiber for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Apparel for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Home Textile for the Period 2021-2031
Historical Data and Forecast of Latvia Yarn Market Revenues & Volume By Industrial for the Period 2021-2031
Latvia Yarn Import Export Trade Statistics
Market Opportunity Assessment By Source
Market Opportunity Assessment By Material
Market Opportunity Assessment By Material
Market Opportunity Assessment By Application
Latvia Yarn Top Companies Market Share
Latvia Yarn Competitive Benchmarking By Technical and Operational Parameters
Latvia Yarn Company Profiles
Latvia Yarn Key Strategic Recommendations

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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 Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Yarn Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Yarn Market - Industry Life Cycle

3.4 Latvia Yarn Market - Porter's Five Forces

3.5 Latvia Yarn Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Latvia Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F

3.7 Latvia Yarn Market Revenues & Volume Share, By Material, 2021 & 2031F

3.8 Latvia Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Yarn Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for sustainable and eco-friendly yarn products

4.2.2 Increasing adoption of knitting and crocheting as a hobby or therapeutic activity

4.2.3 Rising popularity of DIY culture and handmade items

4.3 Market Restraints

4.3.1 Fluctuating raw material prices, such as cotton or wool

4.3.2 Intense competition from synthetic yarn alternatives

4.3.3 Economic uncertainty impacting consumer spending on non-essential items

5 Latvia Yarn Market Trends

6 Latvia Yarn Market Segmentations

6.1 Latvia Yarn Market, By Source

6.1.1 Overview and Analysis

6.1.2 Latvia Yarn Market Revenues & Volume, By Animal, 2021-2031F

6.1.3 Latvia Yarn Market Revenues & Volume, By Chemical, 2021-2031F

6.1.4 Latvia Yarn Market Revenues & Volume, By Plant, 2021-2031F

6.2 Latvia Yarn Market, By Material

6.2.1 Overview and Analysis

6.2.2 Latvia Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F

6.2.3 Latvia Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F

6.3 Latvia Yarn Market, By Material

6.3.1 Overview and Analysis

6.3.2 Latvia Yarn Market Revenues & Volume, By Natural Fiber, 2021-2031F

6.3.3 Latvia Yarn Market Revenues & Volume, By Synthetic Fiber, 2021-2031F

6.4 Latvia Yarn Market, By Application

6.4.1 Overview and Analysis

6.4.2 Latvia Yarn Market Revenues & Volume, By Apparel, 2021-2031F

6.4.3 Latvia Yarn Market Revenues & Volume, By Home Textile, 2021-2031F

6.4.4 Latvia Yarn Market Revenues & Volume, By Industrial, 2021-2031F

7 Latvia Yarn Market Import-Export Trade Statistics

7.1 Latvia Yarn Market Export to Major Countries

7.2 Latvia Yarn Market Imports from Major Countries

8 Latvia Yarn Market Key Performance Indicators

8.1 Percentage of organic or recycled yarns in the market

8.2 Number of knitting and crocheting workshops or events in Latvia

8.3 Consumer sentiment towards DIY and handmade products

8.4 Percentage of local yarn producers sourcing materials sustainably

8.5 Adoption rate of innovative yarn blends or technologies in the market

9 Latvia Yarn Market - Opportunity Assessment

9.1 Latvia Yarn Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Latvia Yarn Market Opportunity Assessment, By Material, 2021 & 2031F

9.3 Latvia Yarn Market Opportunity Assessment, By Material, 2021 & 2031F

9.4 Latvia Yarn Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Yarn Market - Competitive Landscape

10.1 Latvia Yarn Market Revenue Share, By Companies, 2024

10.2 Latvia Yarn Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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