| Product Code: ETC7907618 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s circular polymers import market saw notable shifts in 2024, with top exporters including Netherlands, Saudi Arabia, Lithuania, Germany, and Sweden. The market exhibited a transition from high concentration in 2023 to moderate concentration in 2024, indicating increased diversification. With a strong compound annual growth rate (CAGR) of 11.31% from 2020 to 2024 and a growth rate of 7.34% from 2023 to 2024, the sector demonstrates resilience and potential for further expansion. These trends suggest a dynamic landscape for circular polymers imports in Latvia, offering opportunities for market players to capitalize on evolving demand and supply dynamics.

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 Circular Polymers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Circular Polymers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Circular Polymers Market - Industry Life Cycle |
3.4 Latvia Circular Polymers Market - Porter's Five Forces |
3.5 Latvia Circular Polymers Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.6 Latvia Circular Polymers Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Circular Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Circular Polymers Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Circular Polymers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and focus on sustainability and environmental concerns leading to a growing demand for recycled materials like circular polymers. |
4.2.2 Government initiatives and regulations promoting the use of recycled materials in various industries. |
4.2.3 Rising interest from manufacturers and consumers towards achieving a circular economy model. |
4.3 Market Restraints |
4.3.1 Lack of infrastructure and technology for efficient collection, sorting, and processing of recyclable materials. |
4.3.2 Limited availability of high-quality feedstock for producing circular polymers. |
4.3.3 Price competitiveness with virgin polymers and challenges in achieving cost-effectiveness. |
5 Latvia Circular Polymers Market Trends |
6 Latvia Circular Polymers Market, By Types |
6.1 Latvia Circular Polymers Market, By Polymer Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Circular Polymers Market Revenues & Volume, By Polymer Type, 2021- 2031F |
6.1.3 Latvia Circular Polymers Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.1.4 Latvia Circular Polymers Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.5 Latvia Circular Polymers Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2021- 2031F |
6.1.6 Latvia Circular Polymers Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.1.7 Latvia Circular Polymers Market Revenues & Volume, By Polyamide (PA), 2021- 2031F |
6.1.8 Latvia Circular Polymers Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Circular Polymers Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Circular Polymers Market Revenues & Volume, By Pellets, 2021- 2031F |
6.2.3 Latvia Circular Polymers Market Revenues & Volume, By Flakes, 2021- 2031F |
6.3 Latvia Circular Polymers Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Circular Polymers Market Revenues & Volume, By Food packaging, 2021- 2031F |
6.3.3 Latvia Circular Polymers Market Revenues & Volume, By Adhesives & sealants, 2021- 2031F |
6.3.4 Latvia Circular Polymers Market Revenues & Volume, By Interior & exterior components, 2021- 2031F |
6.3.5 Latvia Circular Polymers Market Revenues & Volume, By Wires & cables, 2021- 2031F |
6.3.6 Latvia Circular Polymers Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Circular Polymers Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Circular Polymers Market Revenues & Volume, By Packaging, 2021- 2031F |
6.4.3 Latvia Circular Polymers Market Revenues & Volume, By Building & construction, 2021- 2031F |
6.4.4 Latvia Circular Polymers Market Revenues & Volume, By Automotive, 2021- 2031F |
6.4.5 Latvia Circular Polymers Market Revenues & Volume, By Electrical & electronics, 2021- 2031F |
6.4.6 Latvia Circular Polymers Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Circular Polymers Market Import-Export Trade Statistics |
7.1 Latvia Circular Polymers Market Export to Major Countries |
7.2 Latvia Circular Polymers Market Imports from Major Countries |
8 Latvia Circular Polymers Market Key Performance Indicators |
8.1 Percentage of recycled content in products using circular polymers. |
8.2 Adoption rate of circular polymer technology by key industries. |
8.3 Efficiency of recycling processes in terms of energy consumption and waste reduction. |
9 Latvia Circular Polymers Market - Opportunity Assessment |
9.1 Latvia Circular Polymers Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.2 Latvia Circular Polymers Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Circular Polymers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Circular Polymers Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Circular Polymers Market - Competitive Landscape |
10.1 Latvia Circular Polymers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Circular Polymers 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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