| Product Code: ETC5649742 | 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 saw a significant volume of automotive catalyst import shipments, with top exporting countries being Turkey, Finland, China, Germany, and Estonia. Despite a high concentration with the HHI remaining at elevated levels, the compound annual growth rate (CAGR) from 2020 to 2024 was steady at 3.3%. However, the growth rate from 2023 to 2024 experienced a sharp decline of -76.86%, indicating a potential shift in market dynamics. It will be crucial for industry players to closely monitor these trends and adapt their strategies accordingly.

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 Automotive Catalyst Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Catalyst Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Catalyst Market - Industry Life Cycle |
3.4 Latvia Automotive Catalyst Market - Porter's Five Forces |
3.5 Latvia Automotive Catalyst Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Catalyst Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Catalyst Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent emission regulations in Latvia promoting the use of automotive catalysts |
4.2.2 Increasing vehicle sales and production in the country |
4.2.3 Growing awareness among consumers about the environmental impact of vehicle emissions |
4.3 Market Restraints |
4.3.1 Fluctuating prices of precious metals used in automotive catalysts |
4.3.2 Technological advancements leading to the development of alternative propulsion systems |
4.3.3 Economic slowdown impacting the overall automotive industry in Latvia |
5 Latvia Automotive Catalyst Market Trends |
6 Latvia Automotive Catalyst Market Segmentations |
6.1 Latvia Automotive Catalyst Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Catalyst Market Revenues & Volume, By Platinum, 2021-2031F |
6.1.3 Latvia Automotive Catalyst Market Revenues & Volume, By Palladium , 2021-2031F |
6.1.4 Latvia Automotive Catalyst Market Revenues & Volume, By Rhodium, 2021-2031F |
6.2 Latvia Automotive Catalyst Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Catalyst Market Revenues & Volume, By Light-Duty Vehicles, 2021-2031F |
6.2.3 Latvia Automotive Catalyst Market Revenues & Volume, By Heavy-Duty Vehicles, 2021-2031F |
7 Latvia Automotive Catalyst Market Import-Export Trade Statistics |
7.1 Latvia Automotive Catalyst Market Export to Major Countries |
7.2 Latvia Automotive Catalyst Market Imports from Major Countries |
8 Latvia Automotive Catalyst Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Latvia |
8.2 Number of vehicles equipped with catalytic converters in the country |
8.3 Adoption rate of Euro emission standards in the automotive sector |
9 Latvia Automotive Catalyst Market - Opportunity Assessment |
9.1 Latvia Automotive Catalyst Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Catalyst Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Catalyst Market - Competitive Landscape |
10.1 Latvia Automotive Catalyst Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Catalyst Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |