Key Market Indicators
Latvian polypropylene exports are projected to reach 7.4 million kilograms by 2026, up from 5.8 million kilograms in 2021, growing at a year-on-year CAGR of 3.9%. Since 1999, supply has risen 10.2% year-on-year. In 2021, Latvia was number 55, overtaken by Peru with 5.8 million kilograms. South Korea, Germany and Singapore respectively ranked second, third and fourth. Latvian polypropylene imports are expected to reach 6.6 million kilograms by 2026, up from 5.3 million kilograms in 2021, increasing at a year-on-year CAGR of 3.2%. Since 1999, demand has risen 19.2% year-on-year. In 2021, Latvia was number 91, behind Kyrgyzstan with 5.3 million kilograms. Italy, Germany and Indonesia ranked second, third and fourth respectively.