Key Market Indicators
Latvia's polyurethane export is expected to grow 3.3% annually, reaching 184,750 kilograms by 2026. This increase is a continuation of the 9.1% year-on-year growth since 1999. Latvia was ranked 55th in 2021, behind Kuwait which exported 149,840 kilograms. China, Italy, and the United States were ranked 2nd, 3rd, and 4th respectively. On the other hand, Latvia's polyurethane import is projected to decline by 5.5% annually, reaching 576,910 kilograms by 2026. Since 1999, Latvia's demand for polyurethane has increased by 6.5% year-on-year. In 2021, the country was ranked 87th, behind Lebanon which imported 788,080 kilograms. India, Germany, and Iran were ranked 2nd, 3rd, and 4th, respectively.
