| Product Code: ETC4712244 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s nickel alloy import market in 2024 continued to be dominated by key exporters such as Belgium, Germany, Lithuania, Sweden, and Turkey. The highly concentrated market structure, as indicated by the high HHI, suggests limited competition among suppliers. Despite a significant decline in the compound annual growth rate from 2020 to 2024, there was a notable uptick in growth from 2023 to 2024, indicating a potential resurgence in demand for nickel alloys in Latvia. This dynamic market landscape underscores the importance of monitoring shifting trends and supplier dynamics in the nickel alloy industry.
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 Nickel Alloy Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nickel Alloy Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nickel Alloy Market - Industry Life Cycle |
3.4 Latvia Nickel Alloy Market - Porter's Five Forces |
3.5 Latvia Nickel Alloy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Nickel Alloy Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nickel Alloy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for nickel alloys in aerospace and defense industries due to their high strength and corrosion resistance properties. |
4.2.2 Increasing use of nickel alloys in the automotive sector for manufacturing components that require high temperature and corrosion resistance. |
4.2.3 Rise in industrial applications such as chemical processing, oil and gas, and power generation, driving the demand for nickel alloys. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of nickel alloys. |
4.3.2 Stringent environmental regulations leading to higher compliance costs for nickel alloy manufacturers. |
4.3.3 Intense competition from substitute materials like stainless steel and aluminum alloys affecting the market growth. |
5 Latvia Nickel Alloy Market Trends |
6 Latvia Nickel Alloy Market Segmentations |
6.1 Latvia Nickel Alloy Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nickel Alloy Market Revenues & Volume, By Iron-Nickel-Chromium alloys, 2021-2031F |
6.1.3 Latvia Nickel Alloy Market Revenues & Volume, By Stainless Steels, 2021-2031F |
6.1.4 Latvia Nickel Alloy Market Revenues & Volume, By Copper-Nickel alloys and Nickel-Copper alloys, 2021-2031F |
6.1.5 Latvia Nickel Alloy Market Revenues & Volume, By Nickel-Chromium and Nickel-Chromium-Iron alloys, 2021-2031F |
6.1.6 Latvia Nickel Alloy Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Nickel Alloy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nickel Alloy Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Nickel Alloy Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Latvia Nickel Alloy Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.5 Latvia Nickel Alloy Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 Latvia Nickel Alloy Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Nickel Alloy Market Import-Export Trade Statistics |
7.1 Latvia Nickel Alloy Market Export to Major Countries |
7.2 Latvia Nickel Alloy Market Imports from Major Countries |
8 Latvia Nickel Alloy Market Key Performance Indicators |
8.1 Average selling price of nickel alloys in the Latvia market. |
8.2 Percentage of nickel alloy imports compared to domestic production. |
8.3 Number of new product developments and innovations in the nickel alloy market. |
9 Latvia Nickel Alloy Market - Opportunity Assessment |
9.1 Latvia Nickel Alloy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Nickel Alloy Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nickel Alloy Market - Competitive Landscape |
10.1 Latvia Nickel Alloy Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nickel Alloy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |