Latvia Granite Market (2025-2031) | Value, Analysis, Revenue, Segmentation, Outlook, Companies, Growth, Industry, Forecast, Share, Trends & Size

Market Forecast By Product (Granite Slabs, Granite Tiles, Others), By Application (Kitchen Countertops, Flooring, Stair Treads, Monuments, Others) And Competitive Landscape
Product Code: ETC5681795 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Granite Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s granite import market showed significant growth in 2024, with top exporters being Finland, India, Lithuania, South Africa, and Ukraine. The market concentration, as measured by the HHI, increased from high to very high in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 29.56%, indicating a strong upward trend in demand. Moreover, the growth rate from 2023 to 2024 surged to 40.67%, underscoring the robust expansion of the granite import market in Latvia.

Latvia Granite Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Granite Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


By 2027, the Granite market in Latvia is anticipated to reach a growth rate of 0.53%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

Granite Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Granite Market Outlook
  • Market Size of Latvia Granite Market, 2024
  • Forecast of Latvia Granite Market, 2031
  • Historical Data and Forecast of Latvia Granite Revenues & Volume for the Period 2021-2031
  • Latvia Granite Market Trend Evolution
  • Latvia Granite Market Drivers and Challenges
  • Latvia Granite Price Trends
  • Latvia Granite Porter`s Five Forces
  • Latvia Granite Industry Life Cycle
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Granite Slabs for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Granite Tiles for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Kitchen Countertops for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Flooring for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Stair Treads for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Monuments for the Period 2021-2031
  • Historical Data and Forecast of Latvia Granite Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Granite Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Latvia Granite Top Companies Market Share
  • Latvia Granite Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Granite Company Profiles
  • Latvia Granite Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Granite Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Granite Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Granite Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Granite Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Granite Market - Industry Life Cycle

3.4 Latvia Granite Market - Porter's Five Forces

3.5 Latvia Granite Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia Granite Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Granite Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for construction materials in Latvia

4.2.2 Increasing use of granite in interior design and landscaping projects

4.2.3 Rising popularity of granite for kitchen countertops and bathroom vanities

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in granite production

4.3.2 Environmental concerns related to quarrying and processing of granite

4.3.3 Competition from alternative materials such as quartz and marble

5 Latvia Granite Market Trends

6 Latvia Granite Market Segmentations

6.1 Latvia Granite Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia Granite Market Revenues & Volume, By Granite Slabs, 2021-2031F

6.1.3 Latvia Granite Market Revenues & Volume, By Granite Tiles, 2021-2031F

6.1.4 Latvia Granite Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Granite Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Granite Market Revenues & Volume, By Kitchen Countertops, 2021-2031F

6.2.3 Latvia Granite Market Revenues & Volume, By Flooring, 2021-2031F

6.2.4 Latvia Granite Market Revenues & Volume, By Stair Treads, 2021-2031F

6.2.5 Latvia Granite Market Revenues & Volume, By Monuments, 2021-2031F

6.2.6 Latvia Granite Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Granite Market Import-Export Trade Statistics

7.1 Latvia Granite Market Export to Major Countries

7.2 Latvia Granite Market Imports from Major Countries

8 Latvia Granite Market Key Performance Indicators

8.1 Average selling price of granite products in Latvia

8.2 Number of new construction projects utilizing granite

8.3 Adoption rate of granite in residential and commercial construction applications

9 Latvia Granite Market - Opportunity Assessment

9.1 Latvia Granite Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia Granite Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Granite Market - Competitive Landscape

10.1 Latvia Granite Market Revenue Share, By Companies, 2024

10.2 Latvia Granite Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All