| Product Code: ETC7911907 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s gaskets import market in 2024 saw significant contributions from top exporting countries like Germany, Lithuania, Romania, Sweden, and Poland. The market remained competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 13.58%, reflecting a positive trend in market expansion. However, there was a slight decline in growth rate from 2023 to 2024 at -8.31%, indicating potential challenges or shifts in the market dynamics during that period.

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 Gaskets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Gaskets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Gaskets Market - Industry Life Cycle |
3.4 Latvia Gaskets Market - Porter's Five Forces |
3.5 Latvia Gaskets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Gaskets Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Gaskets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gaskets in the automotive industry |
4.2.2 Growth in the manufacturing sector in Latvia |
4.2.3 Technological advancements leading to higher quality gaskets |
4.2.4 Rising awareness about the importance of maintenance in industrial machinery |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from global gasket manufacturers |
4.3.3 Environmental regulations impacting material choices for gaskets |
4.3.4 Economic uncertainties affecting investments in various industries |
5 Latvia Gaskets Market Trends |
6 Latvia Gaskets Market, By Types |
6.1 Latvia Gaskets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Gaskets Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Gaskets Market Revenues & Volume, By Contact Gaskets, 2021- 2031F |
6.1.4 Latvia Gaskets Market Revenues & Volume, By Contactless Gaskets, 2021- 2031F |
6.2 Latvia Gaskets Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Gaskets Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Gaskets Market Revenues & Volume, By Electrical, 2021- 2031F |
6.2.4 Latvia Gaskets Market Revenues & Volume, By Industrial Manufacturing, 2021- 2031F |
6.2.5 Latvia Gaskets Market Revenues & Volume, By Oil and gas, 2021- 2031F |
6.2.6 Latvia Gaskets Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.7 Latvia Gaskets Market Revenues & Volume, By Marine and Rail, 2021- 2031F |
6.2.8 Latvia Gaskets Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Latvia Gaskets Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Gaskets Market Import-Export Trade Statistics |
7.1 Latvia Gaskets Market Export to Major Countries |
7.2 Latvia Gaskets Market Imports from Major Countries |
8 Latvia Gaskets Market Key Performance Indicators |
8.1 Percentage of gaskets meeting industry standards for quality |
8.2 Number of new product developments in the gaskets market |
8.3 Rate of adoption of advanced materials in gasket manufacturing |
8.4 Customer satisfaction scores related to gasket performance |
8.5 Percentage of gaskets sold with warranties or guarantees |
9 Latvia Gaskets Market - Opportunity Assessment |
9.1 Latvia Gaskets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Gaskets Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Gaskets Market - Competitive Landscape |
10.1 Latvia Gaskets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Gaskets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |