| Product Code: ETC7905152 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s automotive coil spring import market continues to show rapid growth, with a remarkable CAGR of 38.57% from 2020 to 2024. The top exporting countries, including Germany, Poland, and Sweden, are contributing significantly to this trend. The market concentration, as measured by the HHI, has intensified from high to very high in 2024. This surge in concentration indicates a strengthening market dominance by key players. The exceptional growth rate of 95.36% from 2023 to 2024 underscores the increasing demand for automotive coil springs 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 Automotive Coil Spring Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Coil Spring Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Coil Spring Market - Industry Life Cycle |
3.4 Latvia Automotive Coil Spring Market - Porter's Five Forces |
3.5 Latvia Automotive Coil Spring Market Revenues & Volume Share, By OEM, 2021 & 2031F |
3.6 Latvia Automotive Coil Spring Market Revenues & Volume Share, By Aftermarket, 2021 & 2031F |
4 Latvia Automotive Coil Spring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automobiles in Latvia |
4.2.2 Growing focus on vehicle performance and ride comfort |
4.2.3 Technological advancements leading to the development of innovative coil spring designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition among coil spring manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on automotive components |
5 Latvia Automotive Coil Spring Market Trends |
6 Latvia Automotive Coil Spring Market, By Types |
6.1 Latvia Automotive Coil Spring Market, By OEM |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Coil Spring Market Revenues & Volume, By OEM, 2021- 2031F |
6.1.3 Latvia Automotive Coil Spring Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.1.4 Latvia Automotive Coil Spring Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2 Latvia Automotive Coil Spring Market, By Aftermarket |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Coil Spring Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2.3 Latvia Automotive Coil Spring Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
7 Latvia Automotive Coil Spring Market Import-Export Trade Statistics |
7.1 Latvia Automotive Coil Spring Market Export to Major Countries |
7.2 Latvia Automotive Coil Spring Market Imports from Major Countries |
8 Latvia Automotive Coil Spring Market Key Performance Indicators |
8.1 Average lifespan of automotive coil springs |
8.2 Adoption rate of advanced coil spring technologies |
8.3 Number of new product launches in the coil spring market |
9 Latvia Automotive Coil Spring Market - Opportunity Assessment |
9.1 Latvia Automotive Coil Spring Market Opportunity Assessment, By OEM, 2021 & 2031F |
9.2 Latvia Automotive Coil Spring Market Opportunity Assessment, By Aftermarket, 2021 & 2031F |
10 Latvia Automotive Coil Spring Market - Competitive Landscape |
10.1 Latvia Automotive Coil Spring Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Coil Spring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |