| Product Code: ETC5183064 | 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 |
In 2024, Latvia continued to see a steady growth in engine block imports, with top exporting countries being Germany, Poland, Sweden, Lithuania, and the Netherlands. The moderate concentration level indicated by the HHI suggests a diverse market landscape. The impressive CAGR of 7.39% from 2020 to 2024 reflects a sustained upward trend in demand. Additionally, the growth rate of 8.06% in 2024 highlights a positive momentum in the import shipments of engine blocks, indicating a promising outlook for the market 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 Engine Blocks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Engine Blocks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Engine Blocks Market - Industry Life Cycle |
3.4 Latvia Engine Blocks Market - Porter's Five Forces |
3.5 Latvia Engine Blocks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Engine Blocks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Engine Blocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight engine blocks in the automotive industry |
4.2.2 Growing focus on sustainable and eco-friendly manufacturing practices |
4.2.3 Expansion of the automotive sector in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from global engine block manufacturers |
4.3.3 Regulatory challenges related to emissions standards and environmental regulations |
5 Latvia Engine Blocks Market Trends |
6 Latvia Engine Blocks Market Segmentations |
6.1 Latvia Engine Blocks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Engine Blocks Market Revenues & Volume, By V Engine, 2021-2031F |
6.1.3 Latvia Engine Blocks Market Revenues & Volume, By Inline Engine, 2021-2031F |
6.1.4 Latvia Engine Blocks Market Revenues & Volume, By Boxer Engine, 2021-2031F |
6.2 Latvia Engine Blocks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Engine Blocks Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.2.3 Latvia Engine Blocks Market Revenues & Volume, By Trucks, 2021-2031F |
6.2.4 Latvia Engine Blocks Market Revenues & Volume, By Racing Cars, 2021-2031F |
6.2.5 Latvia Engine Blocks Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Engine Blocks Market Import-Export Trade Statistics |
7.1 Latvia Engine Blocks Market Export to Major Countries |
7.2 Latvia Engine Blocks Market Imports from Major Countries |
8 Latvia Engine Blocks Market Key Performance Indicators |
8.1 Average weight reduction achieved in engine blocks |
8.2 Percentage of recycled materials used in engine block manufacturing |
8.3 Number of new partnerships or collaborations with automotive companies for engine block supply |
8.4 Adoption rate of advanced manufacturing technologies in engine block production |
8.5 Number of patents filed for innovative engine block designs |
9 Latvia Engine Blocks Market - Opportunity Assessment |
9.1 Latvia Engine Blocks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Engine Blocks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Engine Blocks Market - Competitive Landscape |
10.1 Latvia Engine Blocks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Engine Blocks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |