| Product Code: ETC4903897 | 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 |
Latvia`s coatings raw materials import market in 2024 saw consistent growth with a modest CAGR of 2.42% from 2020-24, despite a slight decline in the growth rate from 2023-24 at -13.37%. Estonia, Lithuania, Slovenia, Poland, and Finland emerged as top exporting countries to Latvia, showcasing diversified sources. The market displayed low concentration based on the HHI index, indicating a competitive landscape. This trend suggests a stable and competitive market environment for coatings raw materials imports in Latvia.

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 Coatings Raw Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coatings Raw Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coatings Raw Materials Market - Industry Life Cycle |
3.4 Latvia Coatings Raw Materials Market - Porter's Five Forces |
3.5 Latvia Coatings Raw Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Coatings Raw Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly coatings raw materials in Latvia |
4.2.2 Increasing investments in construction and infrastructure projects |
4.2.3 Rising adoption of advanced coating technologies in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as resins and pigments |
4.3.2 Stringent regulations on chemical usage in coatings production |
4.3.3 Intense competition from imported coatings raw materials |
5 Latvia Coatings Raw Materials Market Trends |
6 Latvia Coatings Raw Materials Market Segmentations |
6.1 Latvia Coatings Raw Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coatings Raw Materials Market Revenues & Volume, By Resins, 2021-2031F |
6.1.3 Latvia Coatings Raw Materials Market Revenues & Volume, By Pigments and fillers, 2021-2031F |
6.1.4 Latvia Coatings Raw Materials Market Revenues & Volume, By Solvents, 2021-2031F |
6.1.5 Latvia Coatings Raw Materials Market Revenues & Volume, By Additives, 2021-2031F |
7 Latvia Coatings Raw Materials Market Import-Export Trade Statistics |
7.1 Latvia Coatings Raw Materials Market Export to Major Countries |
7.2 Latvia Coatings Raw Materials Market Imports from Major Countries |
8 Latvia Coatings Raw Materials Market Key Performance Indicators |
8.1 Research and development expenditure on sustainable coatings raw materials |
8.2 Number of new construction permits issued in Latvia |
8.3 Adoption rate of innovative coating technologies in key industries |
9 Latvia Coatings Raw Materials Market - Opportunity Assessment |
9.1 Latvia Coatings Raw Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Coatings Raw Materials Market - Competitive Landscape |
10.1 Latvia Coatings Raw Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coatings Raw Materials 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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