| Product Code: ETC4930630 | 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 countertop import shipments in 2024 continued to be dominated by top exporting countries such as China, India, and Portugal, with Lithuania and Italy also making significant contributions. The market showed a very high concentration of import shipments compared to the previous year, indicating a strong hold by these key players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained steady at 8.93%, reflecting a consistent upward trend in the countertop import market 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 Countertop Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Countertop Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Countertop Market - Industry Life Cycle |
3.4 Latvia Countertop Market - Porter's Five Forces |
3.5 Latvia Countertop Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Countertop Market Revenues & Volume Share, By End Use Industries, 2021 & 2031F |
3.7 Latvia Countertop Market Revenues & Volume Share, By Construction Activity, 2021 & 2031F |
4 Latvia Countertop Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for modern and customized kitchen designs |
4.2.2 Increasing adoption of premium countertop materials such as quartz and granite |
4.2.3 Growth in residential construction and renovation activities |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from local and international countertop manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on home improvement projects |
5 Latvia Countertop Market Trends |
6 Latvia Countertop Market Segmentations |
6.1 Latvia Countertop Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Countertop Market Revenues & Volume, By Granite, 2021-2031F |
6.1.3 Latvia Countertop Market Revenues & Volume, By Solid Surfaces, 2021-2031F |
6.1.4 Latvia Countertop Market Revenues & Volume, By Laminates, 2021-2031F |
6.1.5 Latvia Countertop Market Revenues & Volume, By Engineered Quartz, 2021-2031F |
6.1.6 Latvia Countertop Market Revenues & Volume, By Marble, 2021-2031F |
6.1.7 Latvia Countertop Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Countertop Market, By End Use Industries |
6.2.1 Overview and Analysis |
6.2.2 Latvia Countertop Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Countertop Market Revenues & Volume, By Non-Residential, 2021-2031F |
6.3 Latvia Countertop Market, By Construction Activity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Countertop Market Revenues & Volume, By New Construction, 2021-2031F |
6.3.3 Latvia Countertop Market Revenues & Volume, By Renovation, 2021-2031F |
7 Latvia Countertop Market Import-Export Trade Statistics |
7.1 Latvia Countertop Market Export to Major Countries |
7.2 Latvia Countertop Market Imports from Major Countries |
8 Latvia Countertop Market Key Performance Indicators |
8.1 Average selling price of countertop materials |
8.2 Number of new residential construction permits issued |
8.3 Consumer sentiment towards home improvement spending |
9 Latvia Countertop Market - Opportunity Assessment |
9.1 Latvia Countertop Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Countertop Market Opportunity Assessment, By End Use Industries, 2021 & 2031F |
9.3 Latvia Countertop Market Opportunity Assessment, By Construction Activity, 2021 & 2031F |
10 Latvia Countertop Market - Competitive Landscape |
10.1 Latvia Countertop Market Revenue Share, By Companies, 2024 |
10.2 Latvia Countertop 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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