| Product Code: ETC4855485 | 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 |
The non-ferrous metals import shipments to Latvia in 2024 continued to show strong growth, with a notable increase in concentration levels compared to the previous year. The top exporting countries such as Finland, Germany, and Sweden maintained their positions, while Kyrgyzstan and Lithuania also emerged as significant contributors. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 elevated further in 2024, indicating a competitive market landscape. With a remarkable Compound Annual Growth Rate (CAGR) of 21.9% from 2020 to 2024 and a notable growth rate of 32.14% from 2023 to 2024, the non-ferrous metals import market in Latvia is demonstrating robust

The Non-Ferrous Metals market in Latvia is projected to grow at a stable growth rate of 0.43% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Non-Ferrous Metals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Non-Ferrous Metals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Non-Ferrous Metals Market - Industry Life Cycle |
3.4 Latvia Non-Ferrous Metals Market - Porter's Five Forces |
3.5 Latvia Non-Ferrous Metals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Non-Ferrous Metals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Non-Ferrous Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for non-ferrous metals in industries such as automotive, construction, and electronics. |
4.2.2 Favorable government regulations and policies supporting the mining and extraction of non-ferrous metals. |
4.2.3 Increasing investments in infrastructure development and urbanization projects. |
4.3 Market Restraints |
4.3.1 Volatility in global metal prices and market demand. |
4.3.2 Competition from substitute materials like ferrous metals or composites. |
4.3.3 Environmental concerns and regulations impacting mining and processing activities. |
5 Latvia Non-Ferrous Metals Market Trends |
6 Latvia Non-Ferrous Metals Market Segmentations |
6.1 Latvia Non-Ferrous Metals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Non-Ferrous Metals Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.3 Latvia Non-Ferrous Metals Market Revenues & Volume, By Copper, 2021-2031F |
6.1.4 Latvia Non-Ferrous Metals Market Revenues & Volume, By Lead, 2021-2031F |
6.1.5 Latvia Non-Ferrous Metals Market Revenues & Volume, By Tin, 2021-2031F |
6.1.6 Latvia Non-Ferrous Metals Market Revenues & Volume, By Nickel, 2021-2031F |
6.1.7 Latvia Non-Ferrous Metals Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Latvia Non-Ferrous Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Non-Ferrous Metals Market Revenues & Volume, By Automobile Industry, 2021-2031F |
6.2.3 Latvia Non-Ferrous Metals Market Revenues & Volume, By Electronic Power Industry, 2021-2031F |
6.2.4 Latvia Non-Ferrous Metals Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.2.5 Latvia Non-Ferrous Metals Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Non-Ferrous Metals Market Import-Export Trade Statistics |
7.1 Latvia Non-Ferrous Metals Market Export to Major Countries |
7.2 Latvia Non-Ferrous Metals Market Imports from Major Countries |
8 Latvia Non-Ferrous Metals Market Key Performance Indicators |
8.1 Scrap metal recycling rate in Latvia. |
8.2 Percentage of non-ferrous metals used in green technologies. |
8.3 Innovation rate in non-ferrous metal processing technologies. |
8.4 Energy efficiency improvements in non-ferrous metal production processes. |
8.5 Adoption rate of sustainable practices in the non-ferrous metals industry. |
9 Latvia Non-Ferrous Metals Market - Opportunity Assessment |
9.1 Latvia Non-Ferrous Metals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Non-Ferrous Metals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Non-Ferrous Metals Market - Competitive Landscape |
10.1 Latvia Non-Ferrous Metals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Non-Ferrous Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |