Latvia Cement Market (2025-2031) | Trends, Segmentation, Outlook, Value, Industry, Analysis, Share, Companies, Size, Growth, Revenue & Forecast
Market Forecast By Product (Portland, Others), By Application (Residential, Non-residential/Infrastructure) And Competitive Landscape
| Product Code: ETC5074935 | 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 Cement Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to be a key destination for cement imports, with top exporters including Lithuania, Sweden, Poland, Estonia, and Denmark. Despite the high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market saw a strong compound annual growth rate (CAGR) of 11.29% from 2020 to 2024. However, there was a slight decline in growth from 2023 to 2024, with a rate of -6.74%. This data suggests a stable demand for cement imports in Latvia, with potential shifts in market dynamics worth monitoring in the coming years.
Cement Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Cement market in Latvia is projected to grow at a stable growth rate of 0.81% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Key Highlights of the Report:
- Latvia Cement Market Outlook
- Market Size of Latvia Cement Market, 2024
- Forecast of Latvia Cement Market, 2031
- Historical Data and Forecast of Latvia Cement Revenues & Volume for the Period 2021-2031
- Latvia Cement Market Trend Evolution
- Latvia Cement Market Drivers and Challenges
- Latvia Cement Price Trends
- Latvia Cement Porter`s Five Forces
- Latvia Cement Industry Life Cycle
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Portland for the Period 2021-2031
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Latvia Cement Market Revenues & Volume By Non-residential/Infrastructure for the Period 2021-2031
- Latvia Cement Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- Latvia Cement Top Companies Market Share
- Latvia Cement Competitive Benchmarking By Technical and Operational Parameters
- Latvia Cement Company Profiles
- Latvia Cement Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Cement Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Cement Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Cement Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cement Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cement Market - Industry Life Cycle |
3.4 Latvia Cement Market - Porter's Five Forces |
3.5 Latvia Cement Market Revenues & Volume Share, By Product? , 2021 & 2031F |
3.6 Latvia Cement Market Revenues & Volume Share, By Application? , 2021 & 2031F |
4 Latvia Cement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Latvia |
4.2.2 Growing demand for residential and commercial construction projects |
4.2.3 Favorable government policies promoting construction and infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental regulations and sustainability concerns |
4.3.3 Competition from alternative building materials such as steel and wood |
5 Latvia Cement Market Trends |
6 Latvia Cement Market Segmentations |
6.1 Latvia Cement Market, By Product? |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cement Market Revenues & Volume, By Portland, 2021-2031F |
6.1.3 Latvia Cement Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Cement Market, By Application? |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cement Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Cement Market Revenues & Volume, By Non-residential/Infrastructure, 2021-2031F |
7 Latvia Cement Market Import-Export Trade Statistics |
7.1 Latvia Cement Market Export to Major Countries |
7.2 Latvia Cement Market Imports from Major Countries |
8 Latvia Cement Market Key Performance Indicators |
8.1 Energy efficiency improvements in cement production processes |
8.2 Adoption rate of advanced technology and automation in cement plants |
8.3 Percentage of construction projects using cement with sustainable sourcing practices |
9 Latvia Cement Market - Opportunity Assessment |
9.1 Latvia Cement Market Opportunity Assessment, By Product? , 2021 & 2031F |
9.2 Latvia Cement Market Opportunity Assessment, By Application? , 2021 & 2031F |
10 Latvia Cement Market - Competitive Landscape |
10.1 Latvia Cement Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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