| Product Code: ETC7916903 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import of nylon cable ties in 2024 continued to be primarily sourced from Germany, Poland, China, Lithuania, and Italy. The low Herfindahl-Hirschman Index (HHI) indicates a fragmented market with multiple players. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 7.82%, although there was a slight decline in growth from 2023 to 2024 at -11.37%. This data suggests a dynamic market landscape for nylon cable ties in Latvia, with opportunities for both domestic and international suppliers to capture market share.

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 Nylon Cable Ties Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nylon Cable Ties Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nylon Cable Ties Market - Industry Life Cycle |
3.4 Latvia Nylon Cable Ties Market - Porter's Five Forces |
3.5 Latvia Nylon Cable Ties Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Nylon Cable Ties Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Latvia Nylon Cable Ties Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nylon Cable Ties Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cable management solutions in various industries |
4.2.2 Growing trend of using nylon cable ties for their durability and strength |
4.2.3 Rise in construction activities and infrastructure development projects in Latvia |
4.3 Market Restraints |
4.3.1 Competition from alternative cable management solutions such as reusable cable ties |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Impact of economic downturns on overall market demand |
5 Latvia Nylon Cable Ties Market Trends |
6 Latvia Nylon Cable Ties Market, By Types |
6.1 Latvia Nylon Cable Ties Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nylon Cable Ties Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Nylon Cable Ties Market Revenues & Volume, By Nylon 6, 2021- 2031F |
6.1.4 Latvia Nylon Cable Ties Market Revenues & Volume, By Nylon 66, 2021- 2031F |
6.1.5 Latvia Nylon Cable Ties Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Nylon Cable Ties Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nylon Cable Ties Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.2.3 Latvia Nylon Cable Ties Market Revenues & Volume, By Distributor, 2021- 2031F |
6.3 Latvia Nylon Cable Ties Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nylon Cable Ties Market Revenues & Volume, By Electronics and Electrical, 2021- 2031F |
6.3.3 Latvia Nylon Cable Ties Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.4 Latvia Nylon Cable Ties Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.5 Latvia Nylon Cable Ties Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.6 Latvia Nylon Cable Ties Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.3.7 Latvia Nylon Cable Ties Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Nylon Cable Ties Market Import-Export Trade Statistics |
7.1 Latvia Nylon Cable Ties Market Export to Major Countries |
7.2 Latvia Nylon Cable Ties Market Imports from Major Countries |
8 Latvia Nylon Cable Ties Market Key Performance Indicators |
8.1 Average selling price of nylon cable ties in the market |
8.2 Number of new product innovations and developments in the nylon cable ties segment |
8.3 Percentage growth in the number of industrial applications using nylon cable ties |
9 Latvia Nylon Cable Ties Market - Opportunity Assessment |
9.1 Latvia Nylon Cable Ties Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Nylon Cable Ties Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Latvia Nylon Cable Ties Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nylon Cable Ties Market - Competitive Landscape |
10.1 Latvia Nylon Cable Ties Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nylon Cable Ties 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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