| Product Code: ETC5715976 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia witnessed a notable increase in import shipments of FRP/GRP/GRE pipes, with top exporting countries being Estonia, Sweden, Lithuania, Poland, and Germany. The market displayed a shift from high to moderate concentration, indicating a more diversified import landscape. With a remarkable CAGR of 11.33% from 2020 to 2024 and a significant growth rate of 43.26% in 2024 alone, the FRP/GRP/GRE pipe industry in Latvia is experiencing robust expansion and heightened competition among key exporting nations.

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 FRP/GRP/GRE Pipe Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia FRP/GRP/GRE Pipe Market - Industry Life Cycle |
3.4 Latvia FRP/GRP/GRE Pipe Market - Porter's Five Forces |
3.5 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume Share, By Typeof Resin, 2021 & 2031F |
3.6 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia FRP/GRP/GRE Pipe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Latvia |
4.2.2 Growing awareness about the benefits of FRP/GRP/GRE pipes over traditional materials |
4.2.3 Stringent regulations promoting the use of environmentally friendly and durable pipe materials |
4.3 Market Restraints |
4.3.1 High initial costs associated with FRP/GRP/GRE pipes compared to traditional materials |
4.3.2 Limited availability of skilled labor for installation and maintenance of these specialized pipes |
4.3.3 Fluctuations in raw material prices impacting overall production costs |
5 Latvia FRP/GRP/GRE Pipe Market Trends |
6 Latvia FRP/GRP/GRE Pipe Market Segmentations |
6.1 Latvia FRP/GRP/GRE Pipe Market, By Typeof Resin |
6.1.1 Overview and Analysis |
6.1.2 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Polyster, 2021-2031F |
6.1.3 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.5 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia FRP/GRP/GRE Pipe Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Glass Fiber, 2021-2031F |
6.2.3 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 Latvia FRP/GRP/GRE Pipe Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Oil , 2021-2031F |
6.3.3 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Gas, 2021-2031F |
6.3.4 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Sewage Pipe, 2021-2031F |
6.3.5 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Irrigation , 2021-2031F |
6.3.6 Latvia FRP/GRP/GRE Pipe Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia FRP/GRP/GRE Pipe Market Import-Export Trade Statistics |
7.1 Latvia FRP/GRP/GRE Pipe Market Export to Major Countries |
7.2 Latvia FRP/GRP/GRE Pipe Market Imports from Major Countries |
8 Latvia FRP/GRP/GRE Pipe Market Key Performance Indicators |
8.1 Adoption rate of FRP/GRP/GRE pipes in new infrastructure projects |
8.2 Number of training programs or certifications for FRP/GRP/GRE pipe installation and maintenance |
8.3 Percentage of projects using FRP/GRP/GRE pipes meeting environmental standards and regulations |
9 Latvia FRP/GRP/GRE Pipe Market - Opportunity Assessment |
9.1 Latvia FRP/GRP/GRE Pipe Market Opportunity Assessment, By Typeof Resin, 2021 & 2031F |
9.2 Latvia FRP/GRP/GRE Pipe Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Latvia FRP/GRP/GRE Pipe Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia FRP/GRP/GRE Pipe Market - Competitive Landscape |
10.1 Latvia FRP/GRP/GRE Pipe Market Revenue Share, By Companies, 2024 |
10.2 Latvia FRP/GRP/GRE Pipe 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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