| Product Code: ETC7908199 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s composite decking import market saw increased concentration with top exporters being Lithuania, Poland, Estonia, Germany, and China. The moderate concentration indicates a shifting landscape in the industry. The impressive CAGR of 6.89% from 2020 to 2024 highlights sustained growth, while the growth rate of 9.07% from 2023 to 2024 signals a significant uptick in demand. This data suggests a positive outlook for the composite decking import market in Latvia, with opportunities for further expansion and competition among key exporting countries.

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 Composite Decking Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Composite Decking Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Composite Decking Market - Industry Life Cycle |
3.4 Latvia Composite Decking Market - Porter's Five Forces |
3.5 Latvia Composite Decking Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Composite Decking Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Latvia Composite Decking Market Revenues & Volume Share, By Tiles, 2021 & 2031F |
3.8 Latvia Composite Decking Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Composite Decking Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Composite Decking Market Trends |
6 Latvia Composite Decking Market, By Types |
6.1 Latvia Composite Decking Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Composite Decking Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Composite Decking Market Revenues & Volume, By Capped Composites, 2021- 2031F |
6.1.4 Latvia Composite Decking Market Revenues & Volume, By 3- Sided Capped Composites, 2021- 2031F |
6.1.5 Latvia Composite Decking Market Revenues & Volume, By 4-sided Capped Composites, 2021- 2031F |
6.1.6 Latvia Composite Decking Market Revenues & Volume, By Uncapped Composites, 2021- 2031F |
6.1.7 Latvia Composite Decking Market Revenues & Volume, By U.s. Composite Decking Market, 2021- 2031F |
6.2 Latvia Composite Decking Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Composite Decking Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.3 Latvia Composite Decking Market Revenues & Volume, By Polyethylene (Pe), 2021- 2031F |
6.2.4 Latvia Composite Decking Market Revenues & Volume, By Polypropylene (Pp), 2021- 2031F |
6.2.5 Latvia Composite Decking Market Revenues & Volume, By Polyurethane (Pu), 2021- 2031F |
6.2.6 Latvia Composite Decking Market Revenues & Volume, By Polyvinyl Chloride (Pvc), 2021- 2031F |
6.2.7 Latvia Composite Decking Market Revenues & Volume, By Polyethylene Terephthalate (Pet), 2021- 2031F |
6.3 Latvia Composite Decking Market, By Tiles |
6.3.1 Overview and Analysis |
6.3.2 Latvia Composite Decking Market Revenues & Volume, By Boards, 2021- 2031F |
6.3.3 Latvia Composite Decking Market Revenues & Volume, By Others, 2021- 2031F |
6.3.4 Latvia Composite Decking Market Revenues & Volume, By U.s. Composite Decking Market, 2021- 2031F |
6.3.6 Latvia Composite Decking Market Revenues & Volume, By Direct, 2021- 2031F |
6.3.7 Latvia Composite Decking Market Revenues & Volume, By Indirect, 2021- 2031F |
6.4 Latvia Composite Decking Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Composite Decking Market Revenues & Volume, By Repairs And Remodeling, 2021- 2031F |
6.4.3 Latvia Composite Decking Market Revenues & Volume, By Deck Building Plans, 2021- 2031F |
6.4.4 Latvia Composite Decking Market Revenues & Volume, By Deck Plans, 2021- 2031F |
6.4.5 Latvia Composite Decking Market Revenues & Volume, By Deck Flooring, 2021- 2031F |
6.4.6 Latvia Composite Decking Market Revenues & Volume, By Deck Repair, 2021- 2031F |
6.4.7 Latvia Composite Decking Market Revenues & Volume, By Laying Decking, 2021- 2031F |
7 Latvia Composite Decking Market Import-Export Trade Statistics |
7.1 Latvia Composite Decking Market Export to Major Countries |
7.2 Latvia Composite Decking Market Imports from Major Countries |
8 Latvia Composite Decking Market Key Performance Indicators |
9 Latvia Composite Decking Market - Opportunity Assessment |
9.1 Latvia Composite Decking Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Composite Decking Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Latvia Composite Decking Market Opportunity Assessment, By Tiles, 2021 & 2031F |
9.4 Latvia Composite Decking Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Composite Decking Market - Competitive Landscape |
10.1 Latvia Composite Decking Market Revenue Share, By Companies, 2024 |
10.2 Latvia Composite Decking 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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