| Product Code: ETC5145425 | 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 copper scrap import market experienced a significant shift in concentration levels from moderate to low in 2024, indicating increased competition among top exporting countries. Finland, Poland, Germany, Estonia, and Sweden emerged as key players in supplying copper scrap to Latvia. The impressive Compound Annual Growth Rate (CAGR) of 14.78% from 2020 to 2024 reflects a robust market expansion, with a notable growth rate of 13.55% in 2024 alone. These trends suggest a dynamic and evolving landscape for copper scrap imports in Latvia, presenting both opportunities and challenges for industry stakeholders.

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 Copper Scrap Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Copper Scrap Market - Industry Life Cycle |
3.4 Latvia Copper Scrap Market - Porter's Five Forces |
3.5 Latvia Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as construction, electronics, and automotive. |
4.2.2 Growing emphasis on sustainable practices and recycling, leading to higher demand for copper scrap. |
4.2.3 Government initiatives promoting the recycling and reuse of metals like copper, creating a favorable environment for the copper scrap market. |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices affecting the profitability of copper scrap businesses. |
4.3.2 Competition from cheaper alternatives or substitutes to copper impacting the demand for copper scrap. |
4.3.3 Regulatory challenges related to environmental standards and trade policies affecting the supply chain of copper scrap. |
5 Latvia Copper Scrap Market Trends |
6 Latvia Copper Scrap Market Segmentations |
6.1 Latvia Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.3 Latvia Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.4 Latvia Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.5 Latvia Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Latvia Copper Scrap Market Import-Export Trade Statistics |
7.1 Latvia Copper Scrap Market Export to Major Countries |
7.2 Latvia Copper Scrap Market Imports from Major Countries |
8 Latvia Copper Scrap Market Key Performance Indicators |
8.1 Scrap copper prices index |
8.2 Volume of copper scrap collected and processed |
8.3 Percentage of copper scrap reused in manufacturing processes |
8.4 Recycling efficiency rate |
8.5 Number of government policies supporting copper scrap recycling |
9 Latvia Copper Scrap Market - Opportunity Assessment |
9.1 Latvia Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Copper Scrap Market - Competitive Landscape |
10.1 Latvia Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Latvia Copper Scrap 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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