| Product Code: ETC5053522 | 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 polyester fiber import market saw a significant increase in concentration levels in 2024, with top exporters being Turkey, Germany, India, Poland, and Lithuania. The industry experienced a high CAGR of 18.69% from 2020 to 2024, with a remarkable growth rate of 55.76% from 2023 to 2024. This data indicates a strong demand for polyester fiber in Latvia and highlights the competitive landscape dominated by a few key exporting countries. Market players should closely monitor these trends for strategic decision-making and market positioning.

In the Europe region, the Polyester Fiber market in Latvia is projected to expand at a stable growth rate of 0.49% 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 Polyester Fiber Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyester Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyester Fiber Market - Industry Life Cycle |
3.4 Latvia Polyester Fiber Market - Porter's Five Forces |
3.5 Latvia Polyester Fiber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Polyester Fiber Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Polyester Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyester Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly textiles |
4.2.2 Increasing use of polyester fibers in various industries such as textiles, automotive, and construction |
4.2.3 Technological advancements leading to improved quality and performance of polyester fibers |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production costs of polyester fibers |
4.3.2 Competition from other synthetic and natural fibers impacting market growth |
4.3.3 Environmental concerns related to the use and disposal of polyester fibers affecting consumer preferences |
5 Latvia Polyester Fiber Market Trends |
6 Latvia Polyester Fiber Market Segmentations |
6.1 Latvia Polyester Fiber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyester Fiber Market Revenues & Volume, By PET, 2021-2031F |
6.1.3 Latvia Polyester Fiber Market Revenues & Volume, By PCDT, 2021-2031F |
6.2 Latvia Polyester Fiber Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyester Fiber Market Revenues & Volume, By Solid, 2021-2031F |
6.2.3 Latvia Polyester Fiber Market Revenues & Volume, By Hollow, 2021-2031F |
6.3 Latvia Polyester Fiber Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyester Fiber Market Revenues & Volume, By Carpets & rugs, 2021-2031F |
6.3.3 Latvia Polyester Fiber Market Revenues & Volume, By Non-woven fiber, 2021-2031F |
6.3.4 Latvia Polyester Fiber Market Revenues & Volume, By Fiberfill, 2021-2031F |
6.3.5 Latvia Polyester Fiber Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.6 Latvia Polyester Fiber Market Revenues & Volume, By Home textile, 2021-2031F |
6.3.7 Latvia Polyester Fiber Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Polyester Fiber Market Import-Export Trade Statistics |
7.1 Latvia Polyester Fiber Market Export to Major Countries |
7.2 Latvia Polyester Fiber Market Imports from Major Countries |
8 Latvia Polyester Fiber Market Key Performance Indicators |
8.1 Percentage of recycled polyester fibers used in manufacturing processes |
8.2 Adoption rate of innovative polyester fiber technologies in the market |
8.3 Growth in demand for polyester fibers in emerging applications such as geotextiles and nonwovens |
9 Latvia Polyester Fiber Market - Opportunity Assessment |
9.1 Latvia Polyester Fiber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Polyester Fiber Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Polyester Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyester Fiber Market - Competitive Landscape |
10.1 Latvia Polyester Fiber Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyester Fiber 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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