| Product Code: ETC5093422 | 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 |
Latvia`s import of button head rivets in 2024 continued to see a steady inflow from key exporting countries such as Germany, Lithuania, Poland, China, and Sweden. The market maintained a moderate concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a slight overall growth with a CAGR of 0.83% from 2020-2024, there was a decline in the growth rate from 2023-2024 by -7.92%. This suggests a potential shift in market dynamics or external factors impacting the import landscape for button head rivets in Latvia.

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 Button Head Rivets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Button Head Rivets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Button Head Rivets Market - Industry Life Cycle |
3.4 Latvia Button Head Rivets Market - Porter's Five Forces |
3.5 Latvia Button Head Rivets Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Button Head Rivets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Button Head Rivets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in industries such as automotive and aerospace, where button head rivets are commonly used. |
4.2.2 Increasing focus on efficient and cost-effective manufacturing processes, driving the adoption of button head rivets. |
4.2.3 Technological advancements leading to the development of high-performance button head rivets with enhanced durability and strength. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of button head rivets. |
4.3.2 Intense competition from alternative fastening solutions like screws and adhesives. |
4.3.3 Regulatory challenges related to environmental impact and product safety standards affecting the market growth. |
5 Latvia Button Head Rivets Market Trends |
6 Latvia Button Head Rivets Market Segmentations |
6.1 Latvia Button Head Rivets Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Button Head Rivets Market Revenues & Volume, By Metal Rivets, 2021-2031F |
6.1.3 Latvia Button Head Rivets Market Revenues & Volume, By Plastic Rivets, 2021-2031F |
6.2 Latvia Button Head Rivets Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Button Head Rivets Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Button Head Rivets Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.4 Latvia Button Head Rivets Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 Latvia Button Head Rivets Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Button Head Rivets Market Import-Export Trade Statistics |
7.1 Latvia Button Head Rivets Market Export to Major Countries |
7.2 Latvia Button Head Rivets Market Imports from Major Countries |
8 Latvia Button Head Rivets Market Key Performance Indicators |
8.1 Average order size per customer, indicating the level of demand and market penetration. |
8.2 Percentage of repeat customers, reflecting customer satisfaction and loyalty. |
8.3 Rate of new product development and innovation, influencing market competitiveness and growth. |
8.4 Number of certifications obtained for product quality and compliance, demonstrating market credibility and trustworthiness. |
9 Latvia Button Head Rivets Market - Opportunity Assessment |
9.1 Latvia Button Head Rivets Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Button Head Rivets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Button Head Rivets Market - Competitive Landscape |
10.1 Latvia Button Head Rivets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Button Head Rivets 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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