| Product Code: ETC7908713 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a high concentration of couplings imports from top exporting countries such as Italy, Germany, Finland, Lithuania, and Poland. Despite a significant negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 23.85%. This indicates a relatively stable demand for couplings in Latvia, with potential for future growth and market opportunities in the coming years.

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 Couplings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Couplings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Couplings Market - Industry Life Cycle |
3.4 Latvia Couplings Market - Porter's Five Forces |
3.5 Latvia Couplings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Couplings Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Couplings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Latvia leading to higher demand for couplings. |
4.2.2 Growing emphasis on energy efficiency and sustainability, driving the adoption of advanced couplings technologies. |
4.2.3 Rise in manufacturing activities and investments in key sectors like automotive and aerospace, boosting the demand for couplings. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production costs of couplings. |
4.3.2 Competition from substitute products like welded joints or adhesives affecting the market growth. |
4.3.3 Regulatory challenges and compliance requirements in the manufacturing and industrial sectors impacting the adoption of couplings. |
5 Latvia Couplings Market Trends |
6 Latvia Couplings Market, By Types |
6.1 Latvia Couplings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Couplings Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Couplings Market Revenues & Volume, By Flexible Coupling, 2021- 2031F |
6.1.4 Latvia Couplings Market Revenues & Volume, By Rigid Coupling, 2021- 2031F |
6.2 Latvia Couplings Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Couplings Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Couplings Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.4 Latvia Couplings Market Revenues & Volume, By Aerospace and Defence, 2021- 2031F |
6.2.5 Latvia Couplings Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.6 Latvia Couplings Market Revenues & Volume, By Metal and Mining, 2021- 2031F |
7 Latvia Couplings Market Import-Export Trade Statistics |
7.1 Latvia Couplings Market Export to Major Countries |
7.2 Latvia Couplings Market Imports from Major Countries |
8 Latvia Couplings Market Key Performance Indicators |
8.1 Average lead time for coupling delivery to customers. |
8.2 Percentage of couplings meeting industry quality standards. |
8.3 Rate of new product development and introduction in the coupling market. |
9 Latvia Couplings Market - Opportunity Assessment |
9.1 Latvia Couplings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Couplings Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Couplings Market - Competitive Landscape |
10.1 Latvia Couplings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Couplings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |