| Product Code: ETC7905375 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to witness a strong inflow of automotive parts aluminum die casting imports, primarily sourced from top exporters such as China, Lithuania, Germany, Poland, and Sweden. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market demonstrated robust growth with a notable compound annual growth rate (CAGR) of 19.85% between 2020 and 2024. However, there was a slight decline in the growth rate from 2023 to 2024, standing at -8.07%. This data suggests a competitive landscape in the automotive parts aluminum die casting market in Latvia with significant contributions from key exporting countries.
| 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 Parts Aluminium Die Casting Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Automotive Parts Aluminium Die Casting Market - Industry Life Cycle | 
| 3.4 Latvia Automotive Parts Aluminium Die Casting Market - Porter's Five Forces | 
| 3.5 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume Share, By Production Process Type, 2021 & 2031F | 
| 3.6 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume Share, By Application Type, 2021 & 2031F | 
| 4 Latvia Automotive Parts Aluminium Die Casting Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for lightweight automotive parts | 
| 4.2.2 Growing automotive manufacturing industry in Latvia | 
| 4.2.3 Advancements in aluminum die casting technology | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating raw material prices | 
| 4.3.2 Intense competition from other manufacturing processes | 
| 4.3.3 Regulatory challenges related to environmental standards | 
| 5 Latvia Automotive Parts Aluminium Die Casting Market Trends | 
| 6 Latvia Automotive Parts Aluminium Die Casting Market, By Types | 
| 6.1 Latvia Automotive Parts Aluminium Die Casting Market, By Production Process Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Production Process Type, 2021- 2031F | 
| 6.1.3 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Pressure Die Casting, 2021- 2031F | 
| 6.1.4 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Vacuum Die Casting, 2021- 2031F | 
| 6.1.5 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Squeeze Die Casting, 2021- 2031F | 
| 6.1.6 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Semi-Solid Die Casting, 2021- 2031F | 
| 6.2 Latvia Automotive Parts Aluminium Die Casting Market, By Application Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Body Parts, 2021- 2031F | 
| 6.2.3 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Engine Parts, 2021- 2031F | 
| 6.2.4 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Transmission Components, 2021- 2031F | 
| 6.2.5 Latvia Automotive Parts Aluminium Die Casting Market Revenues & Volume, By Others, 2021- 2031F | 
| 7 Latvia Automotive Parts Aluminium Die Casting Market Import-Export Trade Statistics | 
| 7.1 Latvia Automotive Parts Aluminium Die Casting Market Export to Major Countries | 
| 7.2 Latvia Automotive Parts Aluminium Die Casting Market Imports from Major Countries | 
| 8 Latvia Automotive Parts Aluminium Die Casting Market Key Performance Indicators | 
| 8.1 Scrap rate percentage in die casting process | 
| 8.2 Energy efficiency of die casting operations | 
| 8.3 Percentage of defective parts produced | 
| 8.4 Employee training hours on new technologies | 
| 8.5 Customer satisfaction index | 
| 9 Latvia Automotive Parts Aluminium Die Casting Market - Opportunity Assessment | 
| 9.1 Latvia Automotive Parts Aluminium Die Casting Market Opportunity Assessment, By Production Process Type, 2021 & 2031F | 
| 9.2 Latvia Automotive Parts Aluminium Die Casting Market Opportunity Assessment, By Application Type, 2021 & 2031F | 
| 10 Latvia Automotive Parts Aluminium Die Casting Market - Competitive Landscape | 
| 10.1 Latvia Automotive Parts Aluminium Die Casting Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Automotive Parts Aluminium Die Casting Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |