Latvia Aluminum Casting Market (2025-2031) | Size, Value, Companies, Forecast, Trends, Segmentation, Industry, Growth, Revenue, Share, Analysis & Outlook

Market Forecast By Process (Die Casting, Sand Casting, Permanent Mold Casting), By End-use (Transportation sector, Building & Construction sector, Industrial sector, Others) And Competitive Landscape
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 Aluminum Casting Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Aluminum Casting Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Aluminum Casting Market Outlook
  • Market Size of Latvia Aluminum Casting Market, 2024
  • Forecast of Latvia Aluminum Casting Market, 2031
  • Historical Data and Forecast of Latvia Aluminum Casting Revenues & Volume for the Period 2021-2031
  • Latvia Aluminum Casting Market Trend Evolution
  • Latvia Aluminum Casting Market Drivers and Challenges
  • Latvia Aluminum Casting Price Trends
  • Latvia Aluminum Casting Porter`s Five Forces
  • Latvia Aluminum Casting Industry Life Cycle
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Process for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Die Casting for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Sand Casting for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Permanent Mold Casting for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Transportation sector for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Building & Construction sector for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Industrial sector for the Period 2021-2031
  • Historical Data and Forecast of Latvia Aluminum Casting Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Aluminum Casting Import Export Trade Statistics
  • Market Opportunity Assessment By Process
  • Market Opportunity Assessment By End-use
  • Latvia Aluminum Casting Top Companies Market Share
  • Latvia Aluminum Casting Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Aluminum Casting Company Profiles
  • Latvia Aluminum Casting Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Aluminum Casting Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Aluminum Casting Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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