| Product Code: ETC7908356 | 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 |
The construction composite import shipments in Latvia have shown significant growth, with a high concentration of imports from Estonia, Lithuania, Poland, Germany, and Uzbekistan in 2024. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 8.07%, with a notable growth rate of 38.18% from 2023 to 2024, reflecting a robust and dynamic market for construction composites 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 Construction Composite Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Construction Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Construction Composite Market - Industry Life Cycle |
3.4 Latvia Construction Composite Market - Porter's Five Forces |
3.5 Latvia Construction Composite Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia Construction Composite Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Latvia Construction Composite Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Latvia Construction Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Construction Composite Market Trends |
6 Latvia Construction Composite Market, By Types |
6.1 Latvia Construction Composite Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Construction Composite Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Latvia Construction Composite Market Revenues & Volume, By Polyester Resin, 2021- 2031F |
6.1.4 Latvia Construction Composite Market Revenues & Volume, By Vinyl Ester, 2021- 2031F |
6.1.5 Latvia Construction Composite Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.6 Latvia Construction Composite Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.7 Latvia Construction Composite Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.8 Latvia Construction Composite Market Revenues & Volume, By Other Resin Types, 2021- 2031F |
6.2 Latvia Construction Composite Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Construction Composite Market Revenues & Volume, By Carbon Fibers, 2021- 2031F |
6.2.3 Latvia Construction Composite Market Revenues & Volume, By Glass Fibers, 2021- 2031F |
6.2.4 Latvia Construction Composite Market Revenues & Volume, By Natural Fibers, 2021- 2031F |
6.2.5 Latvia Construction Composite Market Revenues & Volume, By Other Fiber Types, 2021- 2031F |
6.3 Latvia Construction Composite Market, By End-use Sector |
6.3.1 Overview and Analysis |
6.3.2 Latvia Construction Composite Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Latvia Construction Composite Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Latvia Construction Composite Market Revenues & Volume, By Housing, 2021- 2031F |
6.3.5 Latvia Construction Composite Market Revenues & Volume, By Civil, 2021- 2031F |
7 Latvia Construction Composite Market Import-Export Trade Statistics |
7.1 Latvia Construction Composite Market Export to Major Countries |
7.2 Latvia Construction Composite Market Imports from Major Countries |
8 Latvia Construction Composite Market Key Performance Indicators |
9 Latvia Construction Composite Market - Opportunity Assessment |
9.1 Latvia Construction Composite Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia Construction Composite Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Latvia Construction Composite Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Latvia Construction Composite Market - Competitive Landscape |
10.1 Latvia Construction Composite Market Revenue Share, By Companies, 2024 |
10.2 Latvia Construction Composite 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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