| Product Code: ETC13006837 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s polyolefin elastomer import market in 2024 continued to showcase a high level of concentration, with top exporters like Germany, South Korea, Poland, Spain, and Belgium dominating the landscape. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at a steady 3.01%, indicating a consistent upward trajectory. Additionally, the growth rate from 2023 to 2024 was recorded at 2.99%, highlighting sustained expansion within the market. Overall, these trends underscore the resilience and attractiveness of Latvia`s polyolefin elastomer import sector for both domestic consumption and industrial applications.

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 Polyolefin Elastomer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyolefin Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyolefin Elastomer Market - Industry Life Cycle |
3.4 Latvia Polyolefin Elastomer Market - Porter's Five Forces |
3.5 Latvia Polyolefin Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyolefin Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyolefin Elastomer Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Polyolefin Elastomer Market Revenues & Volume Share, By Properties, 2021 & 2031F |
4 Latvia Polyolefin Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and packaging industries |
4.2.2 Growing focus on sustainable and recyclable materials |
4.2.3 Technological advancements leading to improved product performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from substitute materials such as rubber and PVC |
4.3.3 Regulatory challenges related to environmental standards and certifications |
5 Latvia Polyolefin Elastomer Market Trends |
6 Latvia Polyolefin Elastomer Market, By Types |
6.1 Latvia Polyolefin Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyolefin Elastomer Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyolefin Elastomer Market Revenues & Volume, By Thermoplastic Elastomer, 2021 - 2031F |
6.1.4 Latvia Polyolefin Elastomer Market Revenues & Volume, By Flexible Polyolefin, 2021 - 2031F |
6.1.5 Latvia Polyolefin Elastomer Market Revenues & Volume, By High-Performance Elastomer, 2021 - 2031F |
6.1.6 Latvia Polyolefin Elastomer Market Revenues & Volume, By Olefin Block Copolymer, 2021 - 2031F |
6.2 Latvia Polyolefin Elastomer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyolefin Elastomer Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.2.3 Latvia Polyolefin Elastomer Market Revenues & Volume, By Wire and Cable, 2021 - 2031F |
6.2.4 Latvia Polyolefin Elastomer Market Revenues & Volume, By Film and Packaging, 2021 - 2031F |
6.2.5 Latvia Polyolefin Elastomer Market Revenues & Volume, By Adhesives and Sealants, 2021 - 2031F |
6.3 Latvia Polyolefin Elastomer Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyolefin Elastomer Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Polyolefin Elastomer Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Latvia Polyolefin Elastomer Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.5 Latvia Polyolefin Elastomer Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4 Latvia Polyolefin Elastomer Market, By Properties |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyolefin Elastomer Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.4.3 Latvia Polyolefin Elastomer Market Revenues & Volume, By Granules, 2021 - 2031F |
6.4.4 Latvia Polyolefin Elastomer Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.5 Latvia Polyolefin Elastomer Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Latvia Polyolefin Elastomer Market Import-Export Trade Statistics |
7.1 Latvia Polyolefin Elastomer Market Export to Major Countries |
7.2 Latvia Polyolefin Elastomer Market Imports from Major Countries |
8 Latvia Polyolefin Elastomer Market Key Performance Indicators |
8.1 Percentage of products meeting sustainability criteria |
8.2 Number of new product innovations introduced annually |
8.3 Customer satisfaction ratings on product performance and quality |
8.4 Percentage of revenue from new markets or applications |
8.5 Research and development investment as a percentage of total revenue |
9 Latvia Polyolefin Elastomer Market - Opportunity Assessment |
9.1 Latvia Polyolefin Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyolefin Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyolefin Elastomer Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Polyolefin Elastomer Market Opportunity Assessment, By Properties, 2021 & 2031F |
10 Latvia Polyolefin Elastomer Market - Competitive Landscape |
10.1 Latvia Polyolefin Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyolefin Elastomer 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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