| Product Code: ETC7922395 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see significant stone paper import shipments primarily from Ukraine, Estonia, Poland, Lithuania, and Italy. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -35.5%, with a further decline in growth rate from 2023 to 2024 at -60.72%. These figures suggest a challenging landscape for stone paper imports in Latvia, emphasizing the need for strategic adjustments and market analysis to navigate the evolving dynamics.

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 Stone Paper Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Stone Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Stone Paper Market - Industry Life Cycle |
3.4 Latvia Stone Paper Market - Porter's Five Forces |
3.5 Latvia Stone Paper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Stone Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Stone Paper Market Trends |
6 Latvia Stone Paper Market, By Types |
6.1 Latvia Stone Paper Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Stone Paper Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Stone Paper Market Revenues & Volume, By Packaging & Decoration, 2021- 2031F |
6.1.4 Latvia Stone Paper Market Revenues & Volume, By Industrial, 2021- 2031F |
6.1.5 Latvia Stone Paper Market Revenues & Volume, By Printing, 2021- 2031F |
6.1.6 Latvia Stone Paper Market Revenues & Volume, By Marketing & Advertising, 2021- 2031F |
6.1.7 Latvia Stone Paper Market Revenues & Volume, By Others (including Poster Display and Metro Advertising), 2021- 2031F |
7 Latvia Stone Paper Market Import-Export Trade Statistics |
7.1 Latvia Stone Paper Market Export to Major Countries |
7.2 Latvia Stone Paper Market Imports from Major Countries |
8 Latvia Stone Paper Market Key Performance Indicators |
9 Latvia Stone Paper Market - Opportunity Assessment |
9.1 Latvia Stone Paper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Stone Paper Market - Competitive Landscape |
10.1 Latvia Stone Paper Market Revenue Share, By Companies, 2024 |
10.2 Latvia Stone Paper 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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