| Product Code: ETC5218974 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to rely heavily on imports of black steel bars and plates, with top exporting countries being Lithuania, Poland, Russia, Bulgaria, and Saudi Arabia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The industry experienced a negative compound annual growth rate (CAGR) of -6.17% from 2020 to 2024, but showed a significant growth rate of 59.22% from 2023 to 2024. This data suggests both challenges and opportunities for the market, highlighting the importance of monitoring trends and adapting strategies to navigate the changing landscape.

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 Black Steel Bars and plates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Black Steel Bars and plates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Black Steel Bars and plates Market - Industry Life Cycle |
3.4 Latvia Black Steel Bars and plates Market - Porter's Five Forces |
3.5 Latvia Black Steel Bars and plates Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Black Steel Bars and plates Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Latvia Black Steel Bars and plates Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Black Steel Bars and plates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for construction and infrastructure development projects in Latvia |
4.2.2 Growth in the automotive industry leading to higher demand for black steel bars and plates |
4.2.3 Rising investments in industrial sectors driving the consumption of black steel bars and plates |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute materials like aluminum and composites |
5 Latvia Black Steel Bars and plates Market Trends |
6 Latvia Black Steel Bars and plates Market Segmentations |
6.1 Latvia Black Steel Bars and plates Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Black Steel Bars and plates Market Revenues & Volume, By Black Steel Bars, 2021-2031F |
6.1.3 Latvia Black Steel Bars and plates Market Revenues & Volume, By Black Steel Plates, 2021-2031F |
6.2 Latvia Black Steel Bars and plates Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Black Steel Bars and plates Market Revenues & Volume, By Home, 2021-2031F |
6.2.3 Latvia Black Steel Bars and plates Market Revenues & Volume, By Health club/Gym, 2021-2031F |
6.2.4 Latvia Black Steel Bars and plates Market Revenues & Volume, By Office, 2021-2031F |
6.2.5 Latvia Black Steel Bars and plates Market Revenues & Volume, By Hotels, 2021-2031F |
6.3 Latvia Black Steel Bars and plates Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Black Steel Bars and plates Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Latvia Black Steel Bars and plates Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Black Steel Bars and plates Market Import-Export Trade Statistics |
7.1 Latvia Black Steel Bars and plates Market Export to Major Countries |
7.2 Latvia Black Steel Bars and plates Market Imports from Major Countries |
8 Latvia Black Steel Bars and plates Market Key Performance Indicators |
8.1 Average selling price of black steel bars and plates |
8.2 Capacity utilization rate of black steel bars and plates manufacturers |
8.3 Percentage of GDP invested in construction and industrial sectors in Latvia |
9 Latvia Black Steel Bars and plates Market - Opportunity Assessment |
9.1 Latvia Black Steel Bars and plates Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Black Steel Bars and plates Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Latvia Black Steel Bars and plates Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Black Steel Bars and plates Market - Competitive Landscape |
10.1 Latvia Black Steel Bars and plates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Black Steel Bars and plates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |