| Product Code: ETC4922517 | 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 saw a significant increase in metal fabrication import shipments, with top exporters being Poland, Lithuania, Austria, Estonia, and Germany. The market concentration, as measured by the HHI, escalated from high to very high in just one year, indicating a growing dominance of key players. With a notable compound annual growth rate (CAGR) of 5.67% from 2020 to 2024 and a remarkable growth rate of 31.77% from 2023 to 2024, the metal fabrication sector in Latvia is experiencing robust expansion and heightened competition among exporting countries.

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 Metal Fabrication Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Metal Fabrication Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Metal Fabrication Market - Industry Life Cycle |
3.4 Latvia Metal Fabrication Market - Porter's Five Forces |
3.5 Latvia Metal Fabrication Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
3.6 Latvia Metal Fabrication Market Revenues & Volume Share, By Product category, 2021 & 2031F |
4 Latvia Metal Fabrication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized metal products in various industries |
4.2.2 Growing investments in infrastructure development projects |
4.2.3 Technological advancements in metal fabrication processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among metal fabrication companies |
4.3.3 Environmental regulations affecting manufacturing processes |
5 Latvia Metal Fabrication Market Trends |
6 Latvia Metal Fabrication Market Segmentations |
6.1 Latvia Metal Fabrication Market, By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 Latvia Metal Fabrication Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.1.3 Latvia Metal Fabrication Market Revenues & Volume, By Power and Utilities, 2021-2031F |
6.1.4 Latvia Metal Fabrication Market Revenues & Volume, By Construction, 2021-2031F |
6.1.5 Latvia Metal Fabrication Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.1.6 Latvia Metal Fabrication Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
6.2 Latvia Metal Fabrication Market, By Product category |
6.2.1 Overview and Analysis |
6.2.2 Latvia Metal Fabrication Market Revenues & Volume, By Structural steel fabrication, 2021-2031F |
6.2.3 Latvia Metal Fabrication Market Revenues & Volume, By Process Equipment Fabrication, 2021-2031F |
7 Latvia Metal Fabrication Market Import-Export Trade Statistics |
7.1 Latvia Metal Fabrication Market Export to Major Countries |
7.2 Latvia Metal Fabrication Market Imports from Major Countries |
8 Latvia Metal Fabrication Market Key Performance Indicators |
8.1 Percentage of revenue generated from new product developments |
8.2 Average lead time for completing metal fabrication projects |
8.3 Percentage of repeat business from existing clients |
8.4 Employee training hours dedicated to new technologies |
8.5 Rate of successful implementation of sustainable practices in metal fabrication operations |
9 Latvia Metal Fabrication Market - Opportunity Assessment |
9.1 Latvia Metal Fabrication Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
9.2 Latvia Metal Fabrication Market Opportunity Assessment, By Product category, 2021 & 2031F |
10 Latvia Metal Fabrication Market - Competitive Landscape |
10.1 Latvia Metal Fabrication Market Revenue Share, By Companies, 2024 |
10.2 Latvia Metal Fabrication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |