| Product Code: ETC5676209 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia continues to see a steady flow of metal shears imports, with significant contributions coming from key exporting countries such as Germany, Poland, Lithuania, China, and Estonia. The market shows moderate concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remains strong at 8.32%. This data suggests a stable and growing market for metal shears in Latvia, with continued interest from various international suppliers.

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 Metal Shears Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Metal Shears Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Metal Shears Market - Industry Life Cycle |
3.4 Latvia Metal Shears Market - Porter's Five Forces |
3.5 Latvia Metal Shears Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Metal Shears Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Metal Shears Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for metal shears in the manufacturing and construction industries in Latvia |
4.2.2 Increasing adoption of advanced technologies in metal cutting processes |
4.2.3 Government initiatives promoting local production and manufacturing sector growth |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing metal shears |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Intense competition from international metal shear manufacturers |
5 Latvia Metal Shears Market Trends |
6 Latvia Metal Shears Market Segmentations |
6.1 Latvia Metal Shears Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Metal Shears Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Latvia Metal Shears Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2 Latvia Metal Shears Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Metal Shears Market Revenues & Volume, By Metal Work Fabrication, 2021-2031F |
6.2.3 Latvia Metal Shears Market Revenues & Volume, By General Sheet Metal Cutting, 2021-2031F |
7 Latvia Metal Shears Market Import-Export Trade Statistics |
7.1 Latvia Metal Shears Market Export to Major Countries |
7.2 Latvia Metal Shears Market Imports from Major Countries |
8 Latvia Metal Shears Market Key Performance Indicators |
8.1 Average utilization rate of metal shears in manufacturing facilities |
8.2 Percentage of metal shear operators trained in new technologies |
8.3 Rate of adoption of eco-friendly practices in metal shearing processes |
9 Latvia Metal Shears Market - Opportunity Assessment |
9.1 Latvia Metal Shears Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Metal Shears Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Metal Shears Market - Competitive Landscape |
10.1 Latvia Metal Shears Market Revenue Share, By Companies, 2024 |
10.2 Latvia Metal Shears Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |