Market Forecast By Series (Series 1, Series 2, Series 3, Series 4, Series 5, Series 6, Series 7, Series 8), By Processing Method (Flat Rolled, Castings, Extrusions, Forgings, Pigments & Powder, Rod & Bar), By End User Industry (Transport, Building & Construction, Electrical Engineering, Consumer Goods, Foil & Packaging, Machinery & Equipment, Others) And Competitive Landscape
| Product Code: ETC5219772 | 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 |
The import shipments of aluminum and aluminum alloy bars into Latvia in 2024 continued to showcase a high level of concentration, with top exporting countries being Poland, Lithuania, Turkey, Metropolitan France, and Estonia. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 12.67%, with a notable growth rate of 54.68% from 2023 to 2024, reflecting a robust and dynamic market for aluminum imports in Latvia.

13 Disclaimer
| 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 Aluminium and aluminium alloy bars Market Overview |
| 3.1 Latvia Country Macro Economic Indicators |
| 3.2 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, 2021 & 2031F |
| 3.3 Latvia Aluminium and aluminium alloy bars Market - Industry Life Cycle |
| 3.4 Latvia Aluminium and aluminium alloy bars Market - Porter's Five Forces |
| 3.5 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume Share, By Series, 2021 & 2031F |
| 3.6 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
| 3.7 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
| 4 Latvia Aluminium and aluminium alloy bars Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing demand for lightweight materials in various industries |
| 4.2.2 Increasing use of aluminium bars in automotive and aerospace sectors |
| 4.2.3 Technological advancements leading to improved production processes and product quality |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices impacting production costs |
| 4.3.2 Intense competition from substitute materials such as steel and composites |
| 4.3.3 Regulatory challenges related to environmental sustainability and emissions control |
| 5 Latvia Aluminium and aluminium alloy bars Market Trends |
| 6 Latvia Aluminium and aluminium alloy bars Market Segmentations |
| 6.1 Latvia Aluminium and aluminium alloy bars Market, By Series |
| 6.1.1 Overview and Analysis |
| 6.1.2 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 1, 2021-2031F |
| 6.1.3 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 2, 2021-2031F |
| 6.1.4 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 3, 2021-2031F |
| 6.1.5 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 4, 2021-2031F |
| 6.1.6 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 5, 2021-2031F |
| 6.1.7 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 6, 2021-2031F |
| 6.1.9 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 8, 2021-2031F |
| 6.1.10 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Series 8, 2021-2031F |
| 6.2 Latvia Aluminium and aluminium alloy bars Market, By Processing Method |
| 6.2.1 Overview and Analysis |
| 6.2.2 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Flat Rolled, 2021-2031F |
| 6.2.3 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Castings, 2021-2031F |
| 6.2.4 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Extrusions, 2021-2031F |
| 6.2.5 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Forgings, 2021-2031F |
| 6.2.6 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Pigments & Powder, 2021-2031F |
| 6.2.7 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Rod & Bar, 2021-2031F |
| 6.3 Latvia Aluminium and aluminium alloy bars Market, By End User Industry |
| 6.3.1 Overview and Analysis |
| 6.3.2 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Transport, 2021-2031F |
| 6.3.3 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Building & Construction, 2021-2031F |
| 6.3.4 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Electrical Engineering, 2021-2031F |
| 6.3.5 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Consumer Goods, 2021-2031F |
| 6.3.6 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Foil & Packaging, 2021-2031F |
| 6.3.7 Latvia Aluminium and aluminium alloy bars Market Revenues & Volume, By Machinery & Equipment, 2021-2031F |
| 7 Latvia Aluminium and aluminium alloy bars Market Import-Export Trade Statistics |
| 7.1 Latvia Aluminium and aluminium alloy bars Market Export to Major Countries |
| 7.2 Latvia Aluminium and aluminium alloy bars Market Imports from Major Countries |
| 8 Latvia Aluminium and aluminium alloy bars Market Key Performance Indicators |
8.1 Energy efficiency improvements in aluminium bar production processes |
8.2 Percentage of aluminium bars meeting industry quality standards |
8.3 Adoption rate of aluminium bars in new applications and industries |
| 9 Latvia Aluminium and aluminium alloy bars Market - Opportunity Assessment |
| 9.1 Latvia Aluminium and aluminium alloy bars Market Opportunity Assessment, By Series, 2021 & 2031F |
| 9.2 Latvia Aluminium and aluminium alloy bars Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
| 9.3 Latvia Aluminium and aluminium alloy bars Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
| 10 Latvia Aluminium and aluminium alloy bars Market - Competitive Landscape |
| 10.1 Latvia Aluminium and aluminium alloy bars Market Revenue Share, By Companies, 2024 |
| 10.2 Latvia Aluminium and aluminium alloy bars Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |