| Product Code: ETC7911045 | 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 |
Latvia`s import shipments of fifth wheel couplings continued to be dominated by European countries such as Germany, Poland, Hungary, Sweden, and Estonia in 2024. Despite a decline in both the CAGR and growth rate from 2020 to 2024, the market concentration remained high, indicating a competitive landscape among the top exporting countries. The slight decrease in the growth rate from 2023 to 2024 may suggest a stabilization in the market. Monitoring these trends can provide valuable insights for businesses looking to enter or expand within the Latvian market for fifth wheel couplings.

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 Fifth Wheel Coupling Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fifth Wheel Coupling Market - Industry Life Cycle |
3.4 Latvia Fifth Wheel Coupling Market - Porter's Five Forces |
3.5 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.6 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Coupling Type, 2021 & 2031F |
3.7 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.9 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Load Carrying Capacity, 2021 & 2031F |
3.10 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Number of Pins, 2021 & 2031F |
3.11 Latvia Fifth Wheel Coupling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Fifth Wheel Coupling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Fifth Wheel Coupling Market Trends |
6 Latvia Fifth Wheel Coupling Market, By Types |
6.1 Latvia Fifth Wheel Coupling Market, By Mounting Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Mounting Type, 2021- 2031F |
6.1.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Fixed, 2021- 2031F |
6.1.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Sliding, 2021- 2031F |
6.2 Latvia Fifth Wheel Coupling Market, By Coupling Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Compensating Coupling, 2021- 2031F |
6.2.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Semi-oscillating Coupling, 2021- 2031F |
6.2.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Fully Oscillating Coupling, 2021- 2031F |
6.3 Latvia Fifth Wheel Coupling Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Steel, 2021- 2031F |
6.3.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Aluminum, 2021- 2031F |
6.3.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Fifth Wheel Coupling Market, By Operation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Mechanical, 2021- 2031F |
6.4.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Hydraulic, 2021- 2031F |
6.4.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Pneumatic, 2021- 2031F |
6.5 Latvia Fifth Wheel Coupling Market, By Load Carrying Capacity |
6.5.1 Overview and Analysis |
6.5.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Less than 20 Tons, 2021- 2031F |
6.5.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By 20-30 Tons, 2021- 2031F |
6.5.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By 30-45 Tons, 2021- 2031F |
6.5.5 Latvia Fifth Wheel Coupling Market Revenues & Volume, By 45-75 Tons, 2021- 2031F |
6.5.6 Latvia Fifth Wheel Coupling Market Revenues & Volume, By More than 75 Tons, 2021- 2031F |
6.6 Latvia Fifth Wheel Coupling Market, By Number of Pins |
6.6.1 Overview and Analysis |
6.6.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Single Pin, 2021- 2031F |
6.6.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Double Pin, 2021- 2031F |
6.7 Latvia Fifth Wheel Coupling Market, By Application |
6.7.1 Overview and Analysis |
6.7.2 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Light Duty, 2021- 2031F |
6.7.3 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Medium Duty, 2021- 2031F |
6.7.4 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Sales Channel, 2021- 2031F |
6.7.5 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Sales Channel, 2021- 2031F |
6.7.6 Latvia Fifth Wheel Coupling Market Revenues & Volume, By OEMs, 2021- 2031F |
6.7.7 Latvia Fifth Wheel Coupling Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Latvia Fifth Wheel Coupling Market Import-Export Trade Statistics |
7.1 Latvia Fifth Wheel Coupling Market Export to Major Countries |
7.2 Latvia Fifth Wheel Coupling Market Imports from Major Countries |
8 Latvia Fifth Wheel Coupling Market Key Performance Indicators |
9 Latvia Fifth Wheel Coupling Market - Opportunity Assessment |
9.1 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.2 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Coupling Type, 2021 & 2031F |
9.3 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.5 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Load Carrying Capacity, 2021 & 2031F |
9.6 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Number of Pins, 2021 & 2031F |
9.7 Latvia Fifth Wheel Coupling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Fifth Wheel Coupling Market - Competitive Landscape |
10.1 Latvia Fifth Wheel Coupling Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fifth Wheel Coupling 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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