| Product Code: ETC5260071 | 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 |
The Latvia concrete aggregate import market continued to show strong growth in 2024, with Lithuania, Norway (excluding Svalbard and Jan Mayen), Estonia, Finland, and Denmark emerging as the top exporting countries. The market concentration, as measured by the HHI, increased significantly from 2023 to 2024, indicating a trend towards very high concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 10.37%, with a notable growth rate of 19.05% from 2023 to 2024, demonstrating a robust and accelerating demand for concrete aggregate imports 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 Concrete Aggregate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Concrete Aggregate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Concrete Aggregate Market - Industry Life Cycle |
3.4 Latvia Concrete Aggregate Market - Porter's Five Forces |
3.5 Latvia Concrete Aggregate Market Revenues & Volume Share, By Production, 2021 & 2031F |
3.6 Latvia Concrete Aggregate Market Revenues & Volume Share, By Bulk Density, 2021 & 2031F |
3.7 Latvia Concrete Aggregate Market Revenues & Volume Share, By mechanical properties, 2021 & 2031F |
3.8 Latvia Concrete Aggregate Market Revenues & Volume Share, By Particle Size, 2021 & 2031F |
4 Latvia Concrete Aggregate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Latvia |
4.2.2 Growing infrastructure development projects |
4.2.3 Demand for sustainable and eco-friendly construction materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental regulations impacting mining activities |
5 Latvia Concrete Aggregate Market Trends |
6 Latvia Concrete Aggregate Market Segmentations |
6.1 Latvia Concrete Aggregate Market, By Production |
6.1.1 Overview and Analysis |
6.1.2 Latvia Concrete Aggregate Market Revenues & Volume, By Natural , 2021-2031F |
6.1.3 Latvia Concrete Aggregate Market Revenues & Volume, By Artificial, 2021-2031F |
6.1.4 Latvia Concrete Aggregate Market Revenues & Volume, By Processed , 2021-2031F |
6.1.5 Latvia Concrete Aggregate Market Revenues & Volume, By Glass Ceramics, 2021-2031F |
6.1.6 Latvia Concrete Aggregate Market Revenues & Volume, By Manufactured Marbles, 2021-2031F |
6.2 Latvia Concrete Aggregate Market, By Bulk Density |
6.2.1 Overview and Analysis |
6.2.2 Latvia Concrete Aggregate Market Revenues & Volume, By ASTM C33, 2021-2031F |
6.3 Latvia Concrete Aggregate Market, By mechanical properties |
6.3.1 Overview and Analysis |
6.3.2 Latvia Concrete Aggregate Market Revenues & Volume, By Abrasive power, 2021-2031F |
6.4 Latvia Concrete Aggregate Market, By Particle Size |
6.4.1 Overview and Analysis |
6.4.2 Latvia Concrete Aggregate Market Revenues & Volume, By Fine Aggregates, 2021-2031F |
6.4.3 Latvia Concrete Aggregate Market Revenues & Volume, By Coarse Aggregate, 2021-2031F |
7 Latvia Concrete Aggregate Market Import-Export Trade Statistics |
7.1 Latvia Concrete Aggregate Market Export to Major Countries |
7.2 Latvia Concrete Aggregate Market Imports from Major Countries |
8 Latvia Concrete Aggregate Market Key Performance Indicators |
8.1 Average selling price of concrete aggregates |
8.2 Utilization rate of concrete aggregate production facilities |
8.3 Percentage of recycled materials used in concrete aggregate production |
9 Latvia Concrete Aggregate Market - Opportunity Assessment |
9.1 Latvia Concrete Aggregate Market Opportunity Assessment, By Production, 2021 & 2031F |
9.2 Latvia Concrete Aggregate Market Opportunity Assessment, By Bulk Density, 2021 & 2031F |
9.3 Latvia Concrete Aggregate Market Opportunity Assessment, By mechanical properties, 2021 & 2031F |
9.4 Latvia Concrete Aggregate Market Opportunity Assessment, By Particle Size, 2021 & 2031F |
10 Latvia Concrete Aggregate Market - Competitive Landscape |
10.1 Latvia Concrete Aggregate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Concrete Aggregate 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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