| Product Code: ETC7913363 | 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 |
In 2024, Latvia continued to see substantial import shipments of injection molding equipment, with key suppliers including China, Germany, USA, Netherlands, and Austria. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market. The impressive Compound Annual Growth Rate (CAGR) of 8.17% from 2020 to 2024 reflects sustained expansion. Moreover, the remarkable growth rate of 64.49% from 2023 to 2024 suggests strong momentum in the industry. Latvia`s injection molding sector is poised for continued growth and innovation with diversified sources of imports contributing to its development.

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 Injection Molding Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Injection Molding Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Injection Molding Market - Industry Life Cycle |
3.4 Latvia Injection Molding Market - Porter's Five Forces |
3.5 Latvia Injection Molding Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Injection Molding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Injection Molding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Injection Molding Market Trends |
6 Latvia Injection Molding Market, By Types |
6.1 Latvia Injection Molding Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Injection Molding Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Injection Molding Market Revenues & Volume, By Plastics, 2021- 2031F |
6.1.4 Latvia Injection Molding Market Revenues & Volume, By Metals, 2021- 2031F |
6.1.5 Latvia Injection Molding Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Injection Molding Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Injection Molding Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Latvia Injection Molding Market Revenues & Volume, By Consumables & Electronics, 2021- 2031F |
6.2.4 Latvia Injection Molding Market Revenues & Volume, By Automotive & Transportation, 2021- 2031F |
6.2.5 Latvia Injection Molding Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.6 Latvia Injection Molding Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.7 Latvia Injection Molding Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Injection Molding Market Import-Export Trade Statistics |
7.1 Latvia Injection Molding Market Export to Major Countries |
7.2 Latvia Injection Molding Market Imports from Major Countries |
8 Latvia Injection Molding Market Key Performance Indicators |
9 Latvia Injection Molding Market - Opportunity Assessment |
9.1 Latvia Injection Molding Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Injection Molding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Injection Molding Market - Competitive Landscape |
10.1 Latvia Injection Molding Market Revenue Share, By Companies, 2024 |
10.2 Latvia Injection Molding 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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