| Product Code: ETC5524988 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia`s import of aluminum-extruded products saw a shift in supplier concentration, with top exporters being Germany, Poland, Lithuania, Turkey, and Denmark. The market experienced a notable decrease in the growth rate from 2023 to 2024, with a negative CAGR indicating a challenging period in the industry. However, the transition from high to moderate concentration in the Herfindahl-Hirschman Index (HHI) reflects a more balanced competitive landscape. This changing dynamic suggests potential opportunities for market players to adapt and capitalize on emerging trends in the aluminum-extruded products sector in Latvia.

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-extruded Products Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aluminum-extruded Products Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aluminum-extruded Products Market - Industry Life Cycle |
3.4 Latvia Aluminum-extruded Products Market - Porter's Five Forces |
3.5 Latvia Aluminum-extruded Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Aluminum-extruded Products Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 Latvia Aluminum-extruded Products Market Revenues & Volume Share, By Alloy Type, 2021 & 2031F |
4 Latvia Aluminum-extruded Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in various industries |
4.2.2 Increasing focus on sustainable and eco-friendly products |
4.2.3 Technological advancements in aluminum extrusion processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from substitute materials |
4.3.3 Economic uncertainties impacting investment decisions |
5 Latvia Aluminum-extruded Products Market Trends |
6 Latvia Aluminum-extruded Products Market Segmentations |
6.1 Latvia Aluminum-extruded Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aluminum-extruded Products Market Revenues & Volume, By Mill-finished, 2021-2031F |
6.1.3 Latvia Aluminum-extruded Products Market Revenues & Volume, By Powder-coated, 2021-2031F |
6.1.4 Latvia Aluminum-extruded Products Market Revenues & Volume, By Anodized, 2021-2031F |
6.2 Latvia Aluminum-extruded Products Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aluminum-extruded Products Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Aluminum-extruded Products Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Latvia Aluminum-extruded Products Market Revenues & Volume, By Electric and electronics, 2021-2031F |
6.2.5 Latvia Aluminum-extruded Products Market Revenues & Volume, By Machinery & equipment, 2021-2031F |
6.2.6 Latvia Aluminum-extruded Products Market Revenues & Volume, By Mass transport? , 2021-2031F |
6.2.7 Latvia Aluminum-extruded Products Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Aluminum-extruded Products Market, By Alloy Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aluminum-extruded Products Market Revenues & Volume, By 1000 series aluminum, 2021-2031F |
6.3.3 Latvia Aluminum-extruded Products Market Revenues & Volume, By 2000 series aluminum alloy, 2021-2031F |
6.3.4 Latvia Aluminum-extruded Products Market Revenues & Volume, By 3000 series aluminum alloy, 2021-2031F |
6.3.5 Latvia Aluminum-extruded Products Market Revenues & Volume, By 5000 series aluminum alloy, 2021-2031F |
6.3.6 Latvia Aluminum-extruded Products Market Revenues & Volume, By 6000 series aluminum alloy, 2021-2031F |
6.3.7 Latvia Aluminum-extruded Products Market Revenues & Volume, By 7000 series aluminum alloy, 2021-2031F |
7 Latvia Aluminum-extruded Products Market Import-Export Trade Statistics |
7.1 Latvia Aluminum-extruded Products Market Export to Major Countries |
7.2 Latvia Aluminum-extruded Products Market Imports from Major Countries |
8 Latvia Aluminum-extruded Products Market Key Performance Indicators |
8.1 Energy efficiency improvements in the aluminum extrusion process |
8.2 Adoption rate of recycled aluminum content in extruded products |
8.3 Number of new product innovations in the market |
9 Latvia Aluminum-extruded Products Market - Opportunity Assessment |
9.1 Latvia Aluminum-extruded Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Aluminum-extruded Products Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 Latvia Aluminum-extruded Products Market Opportunity Assessment, By Alloy Type, 2021 & 2031F |
10 Latvia Aluminum-extruded Products Market - Competitive Landscape |
10.1 Latvia Aluminum-extruded Products Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aluminum-extruded Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
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