| Product Code: ETC5053123 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s import shipments of nylon yarn in 2024 saw a significant increase in concentration, with top exporters being Poland, Italy, Lithuania, India, and China. The Herfindahl-Hirschman Index (HHI) remained high, indicating market dominance by these countries. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 32.21%, reflecting a robust expansion in demand. Furthermore, the growth rate from 2023 to 2024 stood at 15.86%, suggesting continued momentum in the market. These trends highlight the evolving dynamics of the nylon yarn import market in Latvia.

In the Europe region, the Nylon Yarn market in Latvia is projected to expand at a stable growth rate of 0.53% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Yarn Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nylon Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nylon Yarn Market - Industry Life Cycle |
3.4 Latvia Nylon Yarn Market - Porter's Five Forces |
3.5 Latvia Nylon Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Nylon Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nylon Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly textiles |
4.2.2 Growth in the textile industry in Latvia |
4.2.3 Technological advancements in nylon yarn production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from other synthetic and natural yarns |
4.3.3 Environmental concerns related to nylon production |
5 Latvia Nylon Yarn Market Trends |
6 Latvia Nylon Yarn Market Segmentations |
6.1 Latvia Nylon Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nylon Yarn Market Revenues & Volume, By Polyamide 66, 2021-2031F |
6.1.3 Latvia Nylon Yarn Market Revenues & Volume, By Polyamide 610, 2021-2031F |
6.1.4 Latvia Nylon Yarn Market Revenues & Volume, By Nylon 6, 2021-2031F |
6.1.5 Latvia Nylon Yarn Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Nylon Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nylon Yarn Market Revenues & Volume, By Engineering Plastics, 2021-2031F |
6.2.3 Latvia Nylon Yarn Market Revenues & Volume, By Medical Textiles, 2021-2031F |
6.2.4 Latvia Nylon Yarn Market Revenues & Volume, By Nets, 2021-2031F |
6.2.5 Latvia Nylon Yarn Market Revenues & Volume, By Conveyor Belt, 2021-2031F |
6.2.6 Latvia Nylon Yarn Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Nylon Yarn Market Import-Export Trade Statistics |
7.1 Latvia Nylon Yarn Market Export to Major Countries |
7.2 Latvia Nylon Yarn Market Imports from Major Countries |
8 Latvia Nylon Yarn Market Key Performance Indicators |
8.1 Percentage of recycled nylon used in production |
8.2 Adoption rate of advanced nylon yarn production technologies |
8.3 Number of new product developments in the nylon yarn market |
9 Latvia Nylon Yarn Market - Opportunity Assessment |
9.1 Latvia Nylon Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Nylon Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nylon Yarn Market - Competitive Landscape |
10.1 Latvia Nylon Yarn Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nylon Yarn 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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