| Product Code: ETC7920947 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s sandwich panels import market in 2024 saw significant contributions from Poland, Lithuania, Germany, Turkey, and Estonia. Despite the negative Compound Annual Growth Rate (CAGR) of -6.18% from 2020 to 2024, the market experienced a sharp decline in growth rate from 2023 to 2024 at -36.84%. The market exhibited low concentration with a low Herfindahl-Hirschman Index (HHI) in 2024, indicating a diverse range of suppliers. Understanding the changing dynamics in the import shipments of sandwich panels can provide valuable insights for market players in Latvia.

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 Sandwich Panels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sandwich Panels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sandwich Panels Market - Industry Life Cycle |
3.4 Latvia Sandwich Panels Market - Porter's Five Forces |
3.5 Latvia Sandwich Panels Market Revenues & Volume Share, By Core Material, 2021 & 2031F |
3.6 Latvia Sandwich Panels Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Sandwich Panels Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.8 Latvia Sandwich Panels Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Latvia Sandwich Panels Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Sandwich Panels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient construction materials |
4.2.2 Growing construction industry in Latvia |
4.2.3 Government initiatives promoting sustainable building practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative construction materials |
4.3.3 Economic instability affecting construction projects |
5 Latvia Sandwich Panels Market Trends |
6 Latvia Sandwich Panels Market, By Types |
6.1 Latvia Sandwich Panels Market, By Core Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sandwich Panels Market Revenues & Volume, By Core Material, 2021- 2031F |
6.1.3 Latvia Sandwich Panels Market Revenues & Volume, By Polyurethane (PUR), 2021- 2031F |
6.1.4 Latvia Sandwich Panels Market Revenues & Volume, By Mineral Wool, 2021- 2031F |
6.1.5 Latvia Sandwich Panels Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021- 2031F |
6.1.6 Latvia Sandwich Panels Market Revenues & Volume, By Polyisocyanurate (PIR), 2021- 2031F |
6.1.7 Latvia Sandwich Panels Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Sandwich Panels Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sandwich Panels Market Revenues & Volume, By Wall, 2021- 2031F |
6.2.3 Latvia Sandwich Panels Market Revenues & Volume, By Roof, 2021- 2031F |
6.2.4 Latvia Sandwich Panels Market Revenues & Volume, By Floor, 2021- 2031F |
6.3 Latvia Sandwich Panels Market, By Thickness |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sandwich Panels Market Revenues & Volume, By Below 60 mm, 2021- 2031F |
6.3.3 Latvia Sandwich Panels Market Revenues & Volume, By 60 - 100 mm, 2021- 2031F |
6.3.4 Latvia Sandwich Panels Market Revenues & Volume, By 100 - 140 mm, 2021- 2031F |
6.3.5 Latvia Sandwich Panels Market Revenues & Volume, By 140 - 180 mm, 2021- 2031F |
6.3.6 Latvia Sandwich Panels Market Revenues & Volume, By Above 180 mm, 2021- 2031F |
6.4 Latvia Sandwich Panels Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Sandwich Panels Market Revenues & Volume, By Residential Buildings, 2021- 2031F |
6.4.3 Latvia Sandwich Panels Market Revenues & Volume, By Commercial Buildings, 2021- 2031F |
6.4.4 Latvia Sandwich Panels Market Revenues & Volume, By Industrial Buildings, 2021- 2031F |
6.4.5 Latvia Sandwich Panels Market Revenues & Volume, By Cold Storage, 2021- 2031F |
6.4.6 Latvia Sandwich Panels Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Latvia Sandwich Panels Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Sandwich Panels Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.5.3 Latvia Sandwich Panels Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Latvia Sandwich Panels Market Import-Export Trade Statistics |
7.1 Latvia Sandwich Panels Market Export to Major Countries |
7.2 Latvia Sandwich Panels Market Imports from Major Countries |
8 Latvia Sandwich Panels Market Key Performance Indicators |
8.1 Energy efficiency rating of sandwich panels used in construction projects |
8.2 Number of construction permits issued in Latvia |
8.3 Percentage of government contracts specifying the use of sustainable building materials |
9 Latvia Sandwich Panels Market - Opportunity Assessment |
9.1 Latvia Sandwich Panels Market Opportunity Assessment, By Core Material, 2021 & 2031F |
9.2 Latvia Sandwich Panels Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Sandwich Panels Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.4 Latvia Sandwich Panels Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Latvia Sandwich Panels Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Sandwich Panels Market - Competitive Landscape |
10.1 Latvia Sandwich Panels Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sandwich Panels 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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