| Product Code: ETC11346613 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The automotive steel wheels import shipments to Latvia in 2024 were dominated by top exporting countries including Sweden, Poland, Denmark, Estonia, and Germany, showcasing a strong concentration with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 20.09% from 2020 to 2024 indicates a robust upward trajectory in the market. Furthermore, the notable growth rate of 24.54% from 2023 to 2024 highlights the sustained momentum and attractiveness of Latvia as a key market for automotive steel wheels imports.

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 Steel Wheels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Steel Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Steel Wheels Market - Industry Life Cycle |
3.4 Latvia Automotive Steel Wheels Market - Porter's Five Forces |
3.5 Latvia Automotive Steel Wheels Market Revenues & Volume Share, By Vehicle type, 2021 & 2031F |
3.6 Latvia Automotive Steel Wheels Market Revenues & Volume Share, By Wheel Size, 2021 & 2031F |
3.7 Latvia Automotive Steel Wheels Market Revenues & Volume Share, By Surface Treatment, 2021 & 2031F |
3.8 Latvia Automotive Steel Wheels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Automotive Steel Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable steel wheels in the automotive industry |
4.2.2 Growing automotive production and sales in Latvia |
4.2.3 Rising focus on improving fuel efficiency and reducing emissions in vehicles |
4.3 Market Restraints |
4.3.1 Competition from aluminum and alloy wheels |
4.3.2 Fluctuating raw material prices |
4.3.3 Impact of trade tariffs and regulations on steel imports |
5 Latvia Automotive Steel Wheels Market Trends |
6 Latvia Automotive Steel Wheels Market, By Types |
6.1 Latvia Automotive Steel Wheels Market, By Vehicle type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Steel Wheels Market Revenues & Volume, By Vehicle type, 2021 - 2031F |
6.1.3 Latvia Automotive Steel Wheels Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.1.4 Latvia Automotive Steel Wheels Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.1.5 Latvia Automotive Steel Wheels Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.1.6 Latvia Automotive Steel Wheels Market Revenues & Volume, By Heavy Duty Vehicles, 2021 - 2031F |
6.2 Latvia Automotive Steel Wheels Market, By Wheel Size |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Steel Wheels Market Revenues & Volume, By 13-15 Inches, 2021 - 2031F |
6.2.3 Latvia Automotive Steel Wheels Market Revenues & Volume, By 16-18 Inches, 2021 - 2031F |
6.2.4 Latvia Automotive Steel Wheels Market Revenues & Volume, By 19 Inches and Above, 2021 - 2031F |
6.3 Latvia Automotive Steel Wheels Market, By Surface Treatment |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Steel Wheels Market Revenues & Volume, By Painted, 2021 - 2031F |
6.3.3 Latvia Automotive Steel Wheels Market Revenues & Volume, By Electroplated, 2021 - 2031F |
6.3.4 Latvia Automotive Steel Wheels Market Revenues & Volume, By Polished, 2021 - 2031F |
6.4 Latvia Automotive Steel Wheels Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Steel Wheels Market Revenues & Volume, By OEM, 2021 - 2031F |
6.4.3 Latvia Automotive Steel Wheels Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
7 Latvia Automotive Steel Wheels Market Import-Export Trade Statistics |
7.1 Latvia Automotive Steel Wheels Market Export to Major Countries |
7.2 Latvia Automotive Steel Wheels Market Imports from Major Countries |
8 Latvia Automotive Steel Wheels Market Key Performance Indicators |
8.1 Average weight reduction achieved in steel wheels |
8.2 Adoption rate of steel wheels in new vehicle models |
8.3 Percentage of vehicles in Latvia using steel wheels |
9 Latvia Automotive Steel Wheels Market - Opportunity Assessment |
9.1 Latvia Automotive Steel Wheels Market Opportunity Assessment, By Vehicle type, 2021 & 2031F |
9.2 Latvia Automotive Steel Wheels Market Opportunity Assessment, By Wheel Size, 2021 & 2031F |
9.3 Latvia Automotive Steel Wheels Market Opportunity Assessment, By Surface Treatment, 2021 & 2031F |
9.4 Latvia Automotive Steel Wheels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Automotive Steel Wheels Market - Competitive Landscape |
10.1 Latvia Automotive Steel Wheels Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Steel Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |