| Product Code: ETC5225624 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s clutch import market saw a shift in concentration levels from very high to moderate in 2024, with top exporting countries being Germany, Lithuania, Sweden, Poland, and South Africa. Despite a negative CAGR of -8.92% over the period of 2020-24, there was a significant decline in growth rate by -63.12% from 2023 to 2024. This indicates a challenging environment for clutch imports in Latvia, highlighting the need for market players to adapt to changing dynamics and explore new strategies to drive future growth.

Latvia's Clutch market is anticipated to experience a stable growth rate of 4.42% by 2027, reflecting trends observed in the largest economy Germany, 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 Clutch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Clutch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Clutch Market - Industry Life Cycle |
3.4 Latvia Clutch Market - Porter's Five Forces |
3.5 Latvia Clutch Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Latvia Clutch Market Revenues & Volume Share, By Clutch Type, 2021 & 2031F |
3.7 Latvia Clutch Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Clutch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for commercial vehicles in Latvia |
4.2.2 Technological advancements in clutch systems leading to higher efficiency and performance |
4.2.3 Growing awareness about the importance of regular maintenance and replacement of clutches in vehicles |
4.3 Market Restraints |
4.3.1 Economic downturn impacting consumer purchasing power |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from alternative modes of transportation such as electric vehicles impacting traditional clutch market |
5 Latvia Clutch Market Trends |
6 Latvia Clutch Market Segmentations |
6.1 Latvia Clutch Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Clutch Market Revenues & Volume, By Manual Transmission, 2021-2031F |
6.1.3 Latvia Clutch Market Revenues & Volume, By Automatic Transmission, 2021-2031F |
6.1.4 Latvia Clutch Market Revenues & Volume, By Automated Manual Transmission, 2021-2031F |
6.1.5 Latvia Clutch Market Revenues & Volume, By Continuously Variable Transmission, 2021-2031F |
6.2 Latvia Clutch Market, By Clutch Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Clutch Market Revenues & Volume, By Dog Clutch, 2021-2031F |
6.2.3 Latvia Clutch Market Revenues & Volume, By Friction Clutch, 2021-2031F |
6.2.4 Latvia Clutch Market Revenues & Volume, By Centrifugal Clutch, 2021-2031F |
6.2.5 Latvia Clutch Market Revenues & Volume, By Semi Centrifugal Clutch, 2021-2031F |
6.2.6 Latvia Clutch Market Revenues & Volume, By Hydraulic Clutch, 2021-2031F |
6.2.7 Latvia Clutch Market Revenues & Volume, By Vacuum Clutch, 2021-2031F |
6.3 Latvia Clutch Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Clutch Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.3.3 Latvia Clutch Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Latvia Clutch Market Import-Export Trade Statistics |
7.1 Latvia Clutch Market Export to Major Countries |
7.2 Latvia Clutch Market Imports from Major Countries |
8 Latvia Clutch Market Key Performance Indicators |
8.1 Average age of vehicles in Latvia |
8.2 Number of new vehicle registrations in the commercial sector |
8.3 Adoption rate of advanced clutch technologies in the market |
8.4 Maintenance frequency of clutches in vehicle fleets |
8.5 Number of workshops offering clutch replacement services in Latvia |
9 Latvia Clutch Market - Opportunity Assessment |
9.1 Latvia Clutch Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Latvia Clutch Market Opportunity Assessment, By Clutch Type, 2021 & 2031F |
9.3 Latvia Clutch Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Clutch Market - Competitive Landscape |
10.1 Latvia Clutch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Clutch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |