| Product Code: ETC5516476 | 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 saw a diverse range of bolts import shipments from top exporting countries including Germany, Poland, Lithuania, China, and Estonia. The market remained competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). Despite a modest Compound Annual Growth Rate (CAGR) of 0.23% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -14.14%. This fluctuation suggests a need for market players to closely monitor trends and adapt strategies to navigate changing dynamics in the Latvian bolts import market.

By 2027, Latvia's Bolts market is forecasted to achieve a stable growth rate of 3.59%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Bolts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bolts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bolts Market - Industry Life Cycle |
3.4 Latvia Bolts Market - Porter's Five Forces |
3.5 Latvia Bolts Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Bolts Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Latvia Bolts Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Latvia Bolts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Latvia |
4.2.2 Increasing infrastructure development projects |
4.2.3 Rise in demand for high-quality and durable bolts in various sectors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from foreign bolt manufacturers |
4.3.3 Economic uncertainty affecting investment in construction projects |
5 Latvia Bolts Market Trends |
6 Latvia Bolts Market Segmentations |
6.1 Latvia Bolts Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bolts Market Revenues & Volume, By M6, 2021-2031F |
6.1.3 Latvia Bolts Market Revenues & Volume, By M8, 2021-2031F |
6.1.4 Latvia Bolts Market Revenues & Volume, By M10, 2021-2031F |
6.1.5 Latvia Bolts Market Revenues & Volume, By M12, 2021-2031F |
6.1.6 Latvia Bolts Market Revenues & Volume, By M14, 2021-2031F |
6.1.7 Latvia Bolts Market Revenues & Volume, By M16, 2021-2031F |
6.1.9 Latvia Bolts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Bolts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Bolts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bolts Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Bolts Market Revenues & Volume, By Petrochemical, 2021-2031F |
6.2.4 Latvia Bolts Market Revenues & Volume, By Heavy Machine Equipment, 2021-2031F |
6.2.5 Latvia Bolts Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Latvia Bolts Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.7 Latvia Bolts Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.2.8 Latvia Bolts Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Latvia Bolts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Bolts Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bolts Market Revenues & Volume, By GR 5.8, 2021-2031F |
6.3.3 Latvia Bolts Market Revenues & Volume, By GR 8.8, 2021-2031F |
6.3.4 Latvia Bolts Market Revenues & Volume, By GR10.9, 2021-2031F |
6.3.5 Latvia Bolts Market Revenues & Volume, By GR 12.9, 2021-2031F |
6.3.6 Latvia Bolts Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Bolts Market Import-Export Trade Statistics |
7.1 Latvia Bolts Market Export to Major Countries |
7.2 Latvia Bolts Market Imports from Major Countries |
8 Latvia Bolts Market Key Performance Indicators |
8.1 Number of new construction permits issued |
8.2 Percentage of infrastructure budget allocated to bolt procurement |
8.3 Rate of adoption of innovative bolt technologies |
8.4 Customer satisfaction and retention rates for bolt suppliers |
8.5 Average lifespan of bolts used in construction projects |
9 Latvia Bolts Market - Opportunity Assessment |
9.1 Latvia Bolts Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Bolts Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Latvia Bolts Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Latvia Bolts Market - Competitive Landscape |
10.1 Latvia Bolts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bolts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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