| Product Code: ETC4806009 | 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 |
Latvia`s high speed steels import market in 2024 continued to be dominated by top exporters like Italy, Romania, and Finland, with HHI indicating high concentration. Despite a negative CAGR from 2020 to 2024, the growth rate in 2024 surged by 15.83%, hinting at a potential turnaround in the market. The consistent presence of key exporting countries underscores the resilient demand for high speed steels in Latvia. Monitoring shifts in trade dynamics and strategies can offer valuable insights for stakeholders navigating this market.

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 High Speed Steels Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia High Speed Steels Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia High Speed Steels Market - Industry Life Cycle |
3.4 Latvia High Speed Steels Market - Porter's Five Forces |
3.5 Latvia High Speed Steels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia High Speed Steels Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia High Speed Steels Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.8 Latvia High Speed Steels Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.9 Latvia High Speed Steels Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia High Speed Steels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high speed steels in the manufacturing sector |
4.2.2 Growing investments in infrastructure projects in Latvia |
4.2.3 Technological advancements leading to the development of high-performance high speed steels |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute materials like carbide tools |
5 Latvia High Speed Steels Market Trends |
6 Latvia High Speed Steels Market Segmentations |
6.1 Latvia High Speed Steels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia High Speed Steels Market Revenues & Volume, By Tungsten High Speed Steel, 2021-2031F |
6.1.3 Latvia High Speed Steels Market Revenues & Volume, By Molybdenum High Speed Steel, 2021-2031F |
6.1.4 Latvia High Speed Steels Market Revenues & Volume, By Cobalt High Speed Steel, 2021-2031F |
6.1.5 Latvia High Speed Steels Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia High Speed Steels Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia High Speed Steels Market Revenues & Volume, By Metal Cutting Tools, 2021-2031F |
6.2.3 Latvia High Speed Steels Market Revenues & Volume, By Cold Working Tools, 2021-2031F |
6.2.4 Latvia High Speed Steels Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia High Speed Steels Market, By Production Method |
6.3.1 Overview and Analysis |
6.3.2 Latvia High Speed Steels Market Revenues & Volume, By Conventional HSS, 2021-2031F |
6.3.3 Latvia High Speed Steels Market Revenues & Volume, By Powder Metallurgy (PM) HSS, 2021-2031F |
6.3.4 Latvia High Speed Steels Market Revenues & Volume, By Spray Forming (SF) HSS, 2021-2031F |
6.4 Latvia High Speed Steels Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 Latvia High Speed Steels Market Revenues & Volume, By M Grade, 2021-2031F |
6.4.3 Latvia High Speed Steels Market Revenues & Volume, By T Grade, 2021-2031F |
6.4.4 Latvia High Speed Steels Market Revenues & Volume, By Advance Grade, 2021-2031F |
6.5 Latvia High Speed Steels Market, By End-user |
6.5.1 Overview and Analysis |
6.5.2 Latvia High Speed Steels Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.5.3 Latvia High Speed Steels Market Revenues & Volume, By Plastic Industry, 2021-2031F |
6.5.4 Latvia High Speed Steels Market Revenues & Volume, By Aerospace Industry, 2021-2031F |
6.5.5 Latvia High Speed Steels Market Revenues & Volume, By Energy Sector, 2021-2031F |
6.5.6 Latvia High Speed Steels Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.7 Latvia High Speed Steels Market Revenues & Volume, By Mechanical Engineering, 2021-2031F |
6.5.8 Latvia High Speed Steels Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Latvia High Speed Steels Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia High Speed Steels Market Import-Export Trade Statistics |
7.1 Latvia High Speed Steels Market Export to Major Countries |
7.2 Latvia High Speed Steels Market Imports from Major Countries |
8 Latvia High Speed Steels Market Key Performance Indicators |
8.1 Average selling price of high speed steels |
8.2 Number of new product introductions in the high speed steels market |
8.3 Percentage of high speed steel imports in Latvia from key exporting countries |
9 Latvia High Speed Steels Market - Opportunity Assessment |
9.1 Latvia High Speed Steels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia High Speed Steels Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia High Speed Steels Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.4 Latvia High Speed Steels Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.5 Latvia High Speed Steels Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia High Speed Steels Market - Competitive Landscape |
10.1 Latvia High Speed Steels Market Revenue Share, By Companies, 2024 |
10.2 Latvia High Speed Steels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |