| Product Code: ETC5056847 | 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 |
In 2024, Latvia continued to rely on a diverse range of countries for its aerostructures imports, with China, Lithuania, Germany, Poland, and Sweden emerging as the top exporters. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years remained strong at 19.85%. The high Herfindahl-Hirschman Index (HHI) indicates a market with high concentration, suggesting that these top exporting countries hold significant market share in supplying aerostructures to 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 Aerostructures Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aerostructures Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aerostructures Market - Industry Life Cycle |
3.4 Latvia Aerostructures Market - Porter's Five Forces |
3.5 Latvia Aerostructures Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Aerostructures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Aerostructures Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 Latvia Aerostructures Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Aerostructures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and fuel-efficient aircraft |
4.2.2 Growth in air passenger traffic leading to higher demand for new aircraft |
4.2.3 Technological advancements in aerostructures manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting manufacturing costs |
4.3.2 Regulatory challenges related to safety standards and environmental concerns |
4.3.3 Competition from established players in the global aerostructures market |
5 Latvia Aerostructures Market Trends |
6 Latvia Aerostructures Market Segmentations |
6.1 Latvia Aerostructures Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aerostructures Market Revenues & Volume, By Wings, 2021-2031F |
6.1.3 Latvia Aerostructures Market Revenues & Volume, By Nose, 2021-2031F |
6.1.4 Latvia Aerostructures Market Revenues & Volume, By Fuselage, 2021-2031F |
6.1.5 Latvia Aerostructures Market Revenues & Volume, By Nacelle and Pylon, 2021-2031F |
6.1.6 Latvia Aerostructures Market Revenues & Volume, By Empennage, 2021-2031F |
6.1.7 Latvia Aerostructures Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Aerostructures Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aerostructures Market Revenues & Volume, By Alloys, 2021-2031F |
6.2.3 Latvia Aerostructures Market Revenues & Volume, By Metal, 2021-2031F |
6.2.4 Latvia Aerostructures Market Revenues & Volume, By Composite, 2021-2031F |
6.3 Latvia Aerostructures Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aerostructures Market Revenues & Volume, By Fixed-wing aircraft, 2021-2031F |
6.3.3 Latvia Aerostructures Market Revenues & Volume, By Rotary-wing aircraft, 2021-2031F |
6.4 Latvia Aerostructures Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Aerostructures Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4.3 Latvia Aerostructures Market Revenues & Volume, By OEM, 2021-2031F |
7 Latvia Aerostructures Market Import-Export Trade Statistics |
7.1 Latvia Aerostructures Market Export to Major Countries |
7.2 Latvia Aerostructures Market Imports from Major Countries |
8 Latvia Aerostructures Market Key Performance Indicators |
8.1 Percentage of revenue invested in research and development for innovative aerostructures |
8.2 Number of new partnerships or collaborations with aerospace companies for market expansion |
8.3 Rate of adoption of advanced manufacturing technologies in aerostructures production |
9 Latvia Aerostructures Market - Opportunity Assessment |
9.1 Latvia Aerostructures Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Aerostructures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Aerostructures Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 Latvia Aerostructures Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Aerostructures Market - Competitive Landscape |
10.1 Latvia Aerostructures Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aerostructures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |