| Product Code: ETC5889940 | 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`s automotive tires import market saw a significant increase in concentration, with China, Poland, South Korea, Estonia, and Sweden emerging as the top exporting countries. The industry displayed strong growth dynamics, with a notable CAGR of 6.68% from 2020 to 2024 and a remarkable growth rate of 22.24% from 2023 to 2024. This shift towards higher concentration indicates a potential for increased competition and strategic positioning among key players in the Latvian automotive tires import market. Stakeholders should closely monitor these trends to capitalize on emerging opportunities and navigate potential challenges effectively.

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 Tires Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Tires Market - Industry Life Cycle |
3.4 Latvia Automotive Tires Market - Porter's Five Forces |
3.5 Latvia Automotive Tires Market Revenues & Volume Share, By Section Width, 2021 & 2031F |
3.6 Latvia Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Latvia Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.9 Latvia Automotive Tires Market Revenues & Volume Share, By Aspect Ratio, 2021 & 2031F |
3.10 Latvia Automotive Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.11 Latvia Automotive Tires Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
4 Latvia Automotive Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in Latvia |
4.2.2 Increasing disposable income of consumers |
4.2.3 Demand for high-performance tires for sports cars |
4.2.4 Government initiatives promoting road safety and maintenance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from other tire manufacturers |
4.3.3 Slowdown in the overall economy impacting consumer spending |
5 Latvia Automotive Tires Market Trends |
6 Latvia Automotive Tires Market Segmentations |
6.1 Latvia Automotive Tires Market, By Section Width |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Tires Market Revenues & Volume, By <200MM, 2021-2031F |
6.1.3 Latvia Automotive Tires Market Revenues & Volume, By 200-230MM, 2021-2031F |
6.1.4 Latvia Automotive Tires Market Revenues & Volume, By >230MM, 2021-2031F |
6.2 Latvia Automotive Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Latvia Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2.4 Latvia Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.3 Latvia Automotive Tires Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Tires Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Latvia Automotive Tires Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.3.4 Latvia Automotive Tires Market Revenues & Volume, By Heavy Commercial Vehicle, 2021-2031F |
6.4 Latvia Automotive Tires Market, By Aspect Ratio |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Tires Market Revenues & Volume, By <60, 2021-2031F |
6.4.3 Latvia Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.4.4 Latvia Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.5 Latvia Automotive Tires Market, By Aspect Ratio |
6.5.1 Overview and Analysis |
6.5.2 Latvia Automotive Tires Market Revenues & Volume, By <60, 2021-2031F |
6.5.3 Latvia Automotive Tires Market Revenues & Volume, By 60-70, 2021-2031F |
6.5.4 Latvia Automotive Tires Market Revenues & Volume, By >70, 2021-2031F |
6.6 Latvia Automotive Tires Market, By Type |
6.6.1 Overview and Analysis |
6.6.2 Latvia Automotive Tires Market Revenues & Volume, By Radial, 2021-2031F |
6.6.3 Latvia Automotive Tires Market Revenues & Volume, By Bias, 2021-2031F |
6.7 Latvia Automotive Tires Market, By Rim Size |
6.7.1 Overview and Analysis |
6.7.2 Latvia Automotive Tires Market Revenues & Volume, By 13"-15? ?, 2021-2031F |
6.7.3 Latvia Automotive Tires Market Revenues & Volume, By 16"-18? ?, 2021-2031F |
6.7.4 Latvia Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.7.5 Latvia Automotive Tires Market Revenues & Volume, By >21", 2021-2031F |
6.8 Latvia Automotive Tires Market, By Season |
6.8.1 Overview and Analysis |
6.8.2 Latvia Automotive Tires Market Revenues & Volume, By Summer, 2021-2031F |
6.8.3 Latvia Automotive Tires Market Revenues & Volume, By Winter, 2021-2031F |
6.8.4 Latvia Automotive Tires Market Revenues & Volume, By , 2021-2031F |
7 Latvia Automotive Tires Market Import-Export Trade Statistics |
7.1 Latvia Automotive Tires Market Export to Major Countries |
7.2 Latvia Automotive Tires Market Imports from Major Countries |
8 Latvia Automotive Tires Market Key Performance Indicators |
8.1 Average selling price of automotive tires in Latvia |
8.2 Number of new car registrations in Latvia |
8.3 Percentage of vehicles on the road using premium tires |
8.4 Tire replacement rate in Latvia |
8.5 Number of road safety campaigns and their impact on tire sales |
9 Latvia Automotive Tires Market - Opportunity Assessment |
9.1 Latvia Automotive Tires Market Opportunity Assessment, By Section Width, 2021 & 2031F |
9.2 Latvia Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Latvia Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.5 Latvia Automotive Tires Market Opportunity Assessment, By Aspect Ratio, 2021 & 2031F |
9.6 Latvia Automotive Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.7 Latvia Automotive Tires Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.7 Latvia Automotive Tires Market Opportunity Assessment, By Season, 2021 & 2031F |
10 Latvia Automotive Tires Market - Competitive Landscape |
10.1 Latvia Automotive Tires Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |