| Product Code: ETC4685511 | 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 wood chips import market in 2024 continued to showcase a high level of concentration, with top exporters being Lithuania, Canada, Estonia, Slovakia, and Ukraine. Despite a negative Compound Annual Growth Rate (CAGR) of -12.73% from 2020 to 2024, the year-on-year growth rate in 2024 saw a slight improvement at -9.45%. This indicates a challenging market environment with potential fluctuations. Stakeholders should closely monitor market trends and factors influencing the wood chips trade to make informed decisions and adapt strategies accordingly.

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 Wood Chips Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wood Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wood Chips Market - Industry Life Cycle |
3.4 Latvia Wood Chips Market - Porter's Five Forces |
3.5 Latvia Wood Chips Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wood Chips Market Revenues & Volume Share, By Variety Type, 2021 & 2031F |
3.7 Latvia Wood Chips Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Latvia Wood Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wood Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Wood Chips Market Trends |
6 Latvia Wood Chips Market Segmentations |
6.1 Latvia Wood Chips Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wood Chips Market Revenues & Volume, By Softwood, 2021-2031F |
6.1.3 Latvia Wood Chips Market Revenues & Volume, By Hardwood, 2021-2031F |
6.1.4 Latvia Wood Chips Market Revenues & Volume, By Manual, 2021-2031F |
6.2 Latvia Wood Chips Market, By Variety Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wood Chips Market Revenues & Volume, By Forest Chips, 2021-2031F |
6.2.3 Latvia Wood Chips Market Revenues & Volume, By Recycled Chips, 2021-2031F |
6.2.4 Latvia Wood Chips Market Revenues & Volume, By Wood? Residue Chips, 2021-2031F |
6.2.5 Latvia Wood Chips Market Revenues & Volume, By Sawing Residue? Chips, 2021-2031F |
6.3 Latvia Wood Chips Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wood Chips Market Revenues & Volume, By Pulp Wood, 2021-2031F |
6.3.3 Latvia Wood Chips Market Revenues & Volume, By Residue Wood, 2021-2031F |
6.4 Latvia Wood Chips Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wood Chips Market Revenues & Volume, By Combined Heat and Power, 2021-2031F |
6.4.3 Latvia Wood Chips Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.4.4 Latvia Wood Chips Market Revenues & Volume, By Residential Heating, 2021-2031F |
6.4.5 Latvia Wood Chips Market Revenues & Volume, By Playground Surfacing, 2021-2031F |
6.4.6 Latvia Wood Chips Market Revenues & Volume, By Barbecue, 2021-2031F |
6.4.7 Latvia Wood Chips Market Revenues & Volume, By Mulch, 2021-2031F |
6.4.8 Latvia Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
6.4.9 Latvia Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
7 Latvia Wood Chips Market Import-Export Trade Statistics |
7.1 Latvia Wood Chips Market Export to Major Countries |
7.2 Latvia Wood Chips Market Imports from Major Countries |
8 Latvia Wood Chips Market Key Performance Indicators |
9 Latvia Wood Chips Market - Opportunity Assessment |
9.1 Latvia Wood Chips Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wood Chips Market Opportunity Assessment, By Variety Type, 2021 & 2031F |
9.3 Latvia Wood Chips Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Latvia Wood Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wood Chips Market - Competitive Landscape |
10.1 Latvia Wood Chips Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wood Chips 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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