| Product Code: ETC7908568 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in copper stranded wire import shipments, with top exporters including Moldova, Metropolitan France, Ukraine, Lithuania, and Denmark. The market remained highly concentrated, with the Herfindahl-Hirschman Index (HHI) indicating strong dominance by key players. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 47.32%, showcasing a booming market. Additionally, the growth rate from 2023 to 2024 surged by 51.23%, indicating a rapid expansion and strong demand for copper stranded wire 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 Copper Stranded Wire Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Copper Stranded Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Copper Stranded Wire Market - Industry Life Cycle |
3.4 Latvia Copper Stranded Wire Market - Porter's Five Forces |
3.5 Latvia Copper Stranded Wire Market Revenues & Volume Share, By Geometry, 2021 & 2031F |
3.6 Latvia Copper Stranded Wire Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Copper Stranded Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity and telecommunications infrastructure projects in Latvia |
4.2.2 Growth in construction and automotive industries driving the need for copper stranded wires |
4.2.3 Technological advancements leading to the development of more efficient and reliable copper wire products |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of copper stranded wires |
4.3.2 Competitive pressure from alternative materials such as aluminum and fiber optics |
4.3.3 Regulatory challenges related to environmental and safety standards for copper wire manufacturing |
5 Latvia Copper Stranded Wire Market Trends |
6 Latvia Copper Stranded Wire Market, By Types |
6.1 Latvia Copper Stranded Wire Market, By Geometry |
6.1.1 Overview and Analysis |
6.1.2 Latvia Copper Stranded Wire Market Revenues & Volume, By Geometry, 2021- 2031F |
6.1.3 Latvia Copper Stranded Wire Market Revenues & Volume, By Bunched, 2021- 2031F |
6.1.4 Latvia Copper Stranded Wire Market Revenues & Volume, By Concentric, 2021- 2031F |
6.2 Latvia Copper Stranded Wire Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Copper Stranded Wire Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Latvia Copper Stranded Wire Market Revenues & Volume, By Energy, 2021- 2031F |
6.2.4 Latvia Copper Stranded Wire Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.5 Latvia Copper Stranded Wire Market Revenues & Volume, By Electronics and Telecommunication, 2021- 2031F |
6.2.6 Latvia Copper Stranded Wire Market Revenues & Volume, By Other End-user Industries, 2021- 2031F |
7 Latvia Copper Stranded Wire Market Import-Export Trade Statistics |
7.1 Latvia Copper Stranded Wire Market Export to Major Countries |
7.2 Latvia Copper Stranded Wire Market Imports from Major Countries |
8 Latvia Copper Stranded Wire Market Key Performance Indicators |
8.1 Average selling price of copper stranded wires in the Latvia market |
8.2 Number of new infrastructure projects using copper stranded wires |
8.3 Adoption rate of copper wires in emerging applications such as renewable energy systems |
9 Latvia Copper Stranded Wire Market - Opportunity Assessment |
9.1 Latvia Copper Stranded Wire Market Opportunity Assessment, By Geometry, 2021 & 2031F |
9.2 Latvia Copper Stranded Wire Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Copper Stranded Wire Market - Competitive Landscape |
10.1 Latvia Copper Stranded Wire Market Revenue Share, By Companies, 2024 |
10.2 Latvia Copper Stranded Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |