| Product Code: ETC7910049 | 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 |
The import shipments of elastomeric sealants to Latvia in 2024 saw a shift in market concentration from low to moderate, reflecting changing dynamics. Top exporting countries such as Poland, Estonia, Lithuania, Sweden, and Germany played a significant role in supplying these sealants. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 2.09%, indicating a steady expansion of the market. This data suggests a potential evolving landscape in the Latvian market for elastomeric sealants, influenced by both internal and external factors.

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 Elastomeric Sealants Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Elastomeric Sealants Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Elastomeric Sealants Market - Industry Life Cycle |
3.4 Latvia Elastomeric Sealants Market - Porter's Five Forces |
3.5 Latvia Elastomeric Sealants Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Elastomeric Sealants Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Elastomeric Sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Elastomeric Sealants Market Trends |
6 Latvia Elastomeric Sealants Market, By Types |
6.1 Latvia Elastomeric Sealants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Elastomeric Sealants Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Elastomeric Sealants Market Revenues & Volume, By Polysulfide (PS), 2021- 2031F |
6.1.4 Latvia Elastomeric Sealants Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.1.5 Latvia Elastomeric Sealants Market Revenues & Volume, By Polybutadiene (PB), 2021- 2031F |
6.1.6 Latvia Elastomeric Sealants Market Revenues & Volume, By Silicone, 2021- 2031F |
6.1.7 Latvia Elastomeric Sealants Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.8 Latvia Elastomeric Sealants Market Revenues & Volume, By Silyl Modified Polymer (SMP), 2021- 2031F |
6.2 Latvia Elastomeric Sealants Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Elastomeric Sealants Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Latvia Elastomeric Sealants Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.2.4 Latvia Elastomeric Sealants Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.5 Latvia Elastomeric Sealants Market Revenues & Volume, By Furniture and Woodworks, 2021- 2031F |
6.2.6 Latvia Elastomeric Sealants Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.7 Latvia Elastomeric Sealants Market Revenues & Volume, By Marine, 2021- 2031F |
7 Latvia Elastomeric Sealants Market Import-Export Trade Statistics |
7.1 Latvia Elastomeric Sealants Market Export to Major Countries |
7.2 Latvia Elastomeric Sealants Market Imports from Major Countries |
8 Latvia Elastomeric Sealants Market Key Performance Indicators |
9 Latvia Elastomeric Sealants Market - Opportunity Assessment |
9.1 Latvia Elastomeric Sealants Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Elastomeric Sealants Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Elastomeric Sealants Market - Competitive Landscape |
10.1 Latvia Elastomeric Sealants Market Revenue Share, By Companies, 2024 |
10.2 Latvia Elastomeric Sealants 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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