| Product Code: ETC5386554 | 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 |
Latvia`s artificial abrasives import market in 2024 saw a shift in concentration levels, moving from high concentration in 2023 to low concentration. The top exporting countries to Latvia were Finland, Poland, Estonia, Japan, and Lithuania. Despite a negative compound annual growth rate (CAGR) of -2.99% from 2020 to 2024, the market experienced a significant decrease in growth rate from 2023 to 2024 at -38.79%. This dynamic landscape indicates changing market conditions and potential opportunities for market players to explore in the artificial abrasives 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 Artificial Abrasives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Artificial Abrasives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Artificial Abrasives Market - Industry Life Cycle |
3.4 Latvia Artificial Abrasives Market - Porter's Five Forces |
3.5 Latvia Artificial Abrasives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Artificial Abrasives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Artificial Abrasives Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Artificial Abrasives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision grinding in industries such as automotive, aerospace, and electronics |
4.2.2 Growing adoption of artificial abrasives in the construction sector for surface finishing applications |
4.2.3 Technological advancements leading to the development of advanced synthetic abrasive materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of artificial abrasives |
4.3.2 Stringent environmental regulations related to the disposal of used abrasives |
4.3.3 Competition from natural abrasives such as diamond and garnet affecting market penetration |
5 Latvia Artificial Abrasives Market Trends |
6 Latvia Artificial Abrasives Market Segmentations |
6.1 Latvia Artificial Abrasives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Artificial Abrasives Market Revenues & Volume, By Synthetic Diamond, 2021-2031F |
6.1.3 Latvia Artificial Abrasives Market Revenues & Volume, By Cbn, 2021-2031F |
6.1.4 Latvia Artificial Abrasives Market Revenues & Volume, By Silicon Nitride, 2021-2031F |
6.1.5 Latvia Artificial Abrasives Market Revenues & Volume, By Carbides, 2021-2031F |
6.1.6 Latvia Artificial Abrasives Market Revenues & Volume, By Ceramic Metal Oxides, 2021-2031F |
6.1.7 Latvia Artificial Abrasives Market Revenues & Volume, By Steel Abrasive, 2021-2031F |
6.2 Latvia Artificial Abrasives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Artificial Abrasives Market Revenues & Volume, By Raw Abrasives, 2021-2031F |
6.2.3 Latvia Artificial Abrasives Market Revenues & Volume, By Coatings, Cutting & Grinding, 2021-2031F |
6.2.4 Latvia Artificial Abrasives Market Revenues & Volume, By Lapping & Polishing, 2021-2031F |
6.2.5 Latvia Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Artificial Abrasives Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Artificial Abrasives Market Revenues & Volume, By Machinery, 2021-2031F |
6.3.3 Latvia Artificial Abrasives Market Revenues & Volume, By Electrical & Electronic Equipment, 2021-2031F |
6.3.4 Latvia Artificial Abrasives Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.5 Latvia Artificial Abrasives Market Revenues & Volume, By Metal Fabrication, 2021-2031F |
6.3.6 Latvia Artificial Abrasives Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Artificial Abrasives Market Import-Export Trade Statistics |
7.1 Latvia Artificial Abrasives Market Export to Major Countries |
7.2 Latvia Artificial Abrasives Market Imports from Major Countries |
8 Latvia Artificial Abrasives Market Key Performance Indicators |
8.1 Average selling price (ASP) of artificial abrasives |
8.2 Adoption rate of new synthetic abrasive materials in manufacturing processes |
8.3 Rate of innovation in artificial abrasives technology |
9 Latvia Artificial Abrasives Market - Opportunity Assessment |
9.1 Latvia Artificial Abrasives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Artificial Abrasives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Artificial Abrasives Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Artificial Abrasives Market - Competitive Landscape |
10.1 Latvia Artificial Abrasives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Artificial Abrasives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |