| Product Code: ETC5090363 | 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 aluminum casting import shipments in 2024 continued to be dominated by top exporting countries such as China, Lithuania, Poland, Sweden, and Germany. The high concentration levels indicated by the Herfindahl-Hirschman Index (HHI) suggest a relatively concentrated market. Despite a significant compound annual growth rate (CAGR) of 42.2% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -10.93%. This data highlights the importance of monitoring market dynamics and potential shifts in trade patterns within the aluminum casting industry for stakeholders in 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 Aluminum Casting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aluminum Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aluminum Casting Market - Industry Life Cycle |
3.4 Latvia Aluminum Casting Market - Porter's Five Forces |
3.5 Latvia Aluminum Casting Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Latvia Aluminum Casting Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Aluminum Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Increasing investments in infrastructure projects |
4.2.3 Technological advancements in aluminum casting processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from other casting materials like steel and iron |
4.3.3 Environmental regulations impacting production processes |
5 Latvia Aluminum Casting Market Trends |
6 Latvia Aluminum Casting Market Segmentations |
6.1 Latvia Aluminum Casting Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aluminum Casting Market Revenues & Volume, By Die Casting, 2021-2031F |
6.1.3 Latvia Aluminum Casting Market Revenues & Volume, By Sand Casting, 2021-2031F |
6.1.4 Latvia Aluminum Casting Market Revenues & Volume, By Permanent Mold Casting, 2021-2031F |
6.2 Latvia Aluminum Casting Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aluminum Casting Market Revenues & Volume, By Transportation sector, 2021-2031F |
6.2.3 Latvia Aluminum Casting Market Revenues & Volume, By Building & Construction sector, 2021-2031F |
6.2.4 Latvia Aluminum Casting Market Revenues & Volume, By Industrial sector, 2021-2031F |
6.2.5 Latvia Aluminum Casting Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Aluminum Casting Market Import-Export Trade Statistics |
7.1 Latvia Aluminum Casting Market Export to Major Countries |
7.2 Latvia Aluminum Casting Market Imports from Major Countries |
8 Latvia Aluminum Casting Market Key Performance Indicators |
8.1 Scrap rate percentage in aluminum casting process |
8.2 Energy efficiency improvement in casting operations |
8.3 Number of new product innovations in aluminum casting techniques |
9 Latvia Aluminum Casting Market - Opportunity Assessment |
9.1 Latvia Aluminum Casting Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Latvia Aluminum Casting Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Aluminum Casting Market - Competitive Landscape |
10.1 Latvia Aluminum Casting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aluminum Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |