| Product Code: ETC5717838 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia polyols import market experienced a significant shift in 2024, with top exporting countries being Poland, Czechia, Netherlands, Lithuania, and Germany. The market showed a high concentration level, as indicated by the HHI, which increased from 2023. Despite a remarkable CAGR of 57.79% from 2020 to 2024, the growth rate took a downturn in 2024 with a decrease of -74.73%. This fluctuation suggests a dynamic market landscape, potentially influenced by various factors such as economic conditions and trade agreements. Monitoring these trends will be crucial for stakeholders in the polyols industry.

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 Polyols Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyols Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyols Market - Industry Life Cycle |
3.4 Latvia Polyols Market - Porter's Five Forces |
3.5 Latvia Polyols Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyols Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyols Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Polyols Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growing awareness about the benefits of using polyols in various industries |
4.2.3 Favorable government policies and regulations promoting the use of bio-based chemicals |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as vegetable oils and petrochemicals |
4.3.2 Intense competition from substitutes like glycerol and sorbitol |
4.3.3 Challenges in scaling up production to meet increasing demand |
5 Latvia Polyols Market Trends |
6 Latvia Polyols Market Segmentations |
6.1 Latvia Polyols Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyols Market Revenues & Volume, By Polyether polyols , 2021-2031F |
6.1.3 Latvia Polyols Market Revenues & Volume, By Polyester polyols, 2021-2031F |
6.2 Latvia Polyols Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyols Market Revenues & Volume, By Flexible Polyurethane Foam, 2021-2031F |
6.2.3 Latvia Polyols Market Revenues & Volume, By Rigid Polyurethane Foam, 2021-2031F |
6.2.4 Latvia Polyols Market Revenues & Volume, By CASE, 2021-2031F |
6.3 Latvia Polyols Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyols Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Latvia Polyols Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Latvia Polyols Market Revenues & Volume, By Electronics, 2021-2031F |
7 Latvia Polyols Market Import-Export Trade Statistics |
7.1 Latvia Polyols Market Export to Major Countries |
7.2 Latvia Polyols Market Imports from Major Countries |
8 Latvia Polyols Market Key Performance Indicators |
8.1 Research and development investment in new polyol technologies |
8.2 Adoption rate of polyols in key industries such as automotive, construction, and packaging |
8.3 Percentage of companies incorporating bio-based polyols in their product offerings |
9 Latvia Polyols Market - Opportunity Assessment |
9.1 Latvia Polyols Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyols Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyols Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Polyols Market - Competitive Landscape |
10.1 Latvia Polyols Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyols 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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