| Product Code: ETC7909783 | 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 |
Latvia`s dry construction import market in 2024 continued to be dominated by top exporters including Poland, Germany, Denmark, Lithuania, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition among suppliers. Despite a modest Compound Annual Growth Rate (CAGR) of 1.36% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -28.21%. This suggests a challenging year for the industry, possibly impacted by various factors such as economic conditions or supply chain disruptions.

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 Dry Construction Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dry Construction Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dry Construction Market - Industry Life Cycle |
3.4 Latvia Dry Construction Market - Porter's Five Forces |
3.5 Latvia Dry Construction Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Dry Construction Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Dry Construction Market Revenues & Volume Share, By System, 2021 & 2031F |
3.8 Latvia Dry Construction Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Dry Construction Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and energy-efficient construction solutions |
4.2.2 Increasing adoption of dry construction methods for faster project completion and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting overall project costs |
4.3.2 Limited awareness and skilled labor for dry construction techniques |
5 Latvia Dry Construction Market Trends |
6 Latvia Dry Construction Market, By Types |
6.1 Latvia Dry Construction Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dry Construction Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Dry Construction Market Revenues & Volume, By Plasterboard, 2021- 2031F |
6.1.4 Latvia Dry Construction Market Revenues & Volume, By Metal, 2021- 2031F |
6.1.5 Latvia Dry Construction Market Revenues & Volume, By Plastic, 2021- 2031F |
6.1.6 Latvia Dry Construction Market Revenues & Volume, By Wood, 2021- 2031F |
6.1.7 Latvia Dry Construction Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Dry Construction Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dry Construction Market Revenues & Volume, By Supporting Framework, 2021- 2031F |
6.2.3 Latvia Dry Construction Market Revenues & Volume, By Boarding, 2021- 2031F |
6.3 Latvia Dry Construction Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dry Construction Market Revenues & Volume, By Ceiling System, 2021- 2031F |
6.3.3 Latvia Dry Construction Market Revenues & Volume, By Wall System, 2021- 2031F |
6.3.4 Latvia Dry Construction Market Revenues & Volume, By Flooring System, 2021- 2031F |
6.3.5 Latvia Dry Construction Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Dry Construction Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Dry Construction Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.3 Latvia Dry Construction Market Revenues & Volume, By Non-Residential, 2021- 2031F |
7 Latvia Dry Construction Market Import-Export Trade Statistics |
7.1 Latvia Dry Construction Market Export to Major Countries |
7.2 Latvia Dry Construction Market Imports from Major Countries |
8 Latvia Dry Construction Market Key Performance Indicators |
8.1 Adoption rate of sustainable building materials in construction projects |
8.2 Percentage increase in the use of dry construction methods compared to traditional methods |
8.3 Number of training programs and certifications offered for dry construction techniques |
8.4 Innovation rate in new dry construction technologies and materials |
9 Latvia Dry Construction Market - Opportunity Assessment |
9.1 Latvia Dry Construction Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Dry Construction Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Dry Construction Market Opportunity Assessment, By System, 2021 & 2031F |
9.4 Latvia Dry Construction Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Dry Construction Market - Competitive Landscape |
10.1 Latvia Dry Construction Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dry Construction 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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