| Product Code: ETC5871320 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s OTR tires import shipments saw a shift in concentration levels from low to moderate in 2024, reflecting a more balanced market landscape. The top exporting countries to Latvia, including Vietnam, Poland, and Thailand, indicate a diverse import source base. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-24 period remained positive at 2.18%. This data suggests a stable market with potential for continued growth and opportunities for both local businesses and international suppliers.
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 OTR Tires Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia OTR Tires Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia OTR Tires Market - Industry Life Cycle  | 
3.4 Latvia OTR Tires Market - Porter's Five Forces  | 
3.5 Latvia OTR Tires Market Revenues & Volume Share, By Equipment, 2021 & 2031F  | 
3.6 Latvia OTR Tires Market Revenues & Volume Share, By Application, 2021 & 2031F  | 
3.7 Latvia OTR Tires Market Revenues & Volume Share, By Construction, 2021 & 2031F  | 
3.8 Latvia OTR Tires Market Revenues & Volume Share, By Process, 2021 & 2031F  | 
4 Latvia OTR Tires Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Growth in the construction industry leading to increased demand for off-the-road (OTR) tires.  | 
4.2.2 Expansion of the mining sector driving the need for heavy-duty OTR tires.  | 
4.2.3 Government investments in infrastructure projects boosting the OTR tire market.  | 
4.3 Market Restraints  | 
4.3.1 Fluctuations in raw material prices impacting the production costs of OTR tires.  | 
4.3.2 Economic uncertainties affecting investment decisions in new OTR tire purchases.  | 
4.3.3 Competition from retreading services reducing the demand for new OTR tires.  | 
5 Latvia OTR Tires Market Trends  | 
6 Latvia OTR Tires Market Segmentations  | 
6.1 Latvia OTR Tires Market, By Equipment  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia OTR Tires Market Revenues & Volume, By Articulated Dump Trucks, 2021-2031F  | 
6.1.3 Latvia OTR Tires Market Revenues & Volume, By Asphalt Finishers, 2021-2031F  | 
6.1.4 Latvia OTR Tires Market Revenues & Volume, By Backhoe Loaders, 2021-2031F  | 
6.1.5 Latvia OTR Tires Market Revenues & Volume, By Crawler Dozer, 2021-2031F  | 
6.1.6 Latvia OTR Tires Market Revenues & Volume, By Crawler Excavators, 2021-2031F  | 
6.1.7 Latvia OTR Tires Market Revenues & Volume, By Crawler Loaders, 2021-2031F  | 
6.2 Latvia OTR Tires Market, By Application  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia OTR Tires Market Revenues & Volume, By Agriculture, 2021-2031F  | 
6.2.3 Latvia OTR Tires Market Revenues & Volume, By Construction, 2021-2031F  | 
6.2.4 Latvia OTR Tires Market Revenues & Volume, By Material handling, 2021-2031F  | 
6.2.5 Latvia OTR Tires Market Revenues & Volume, By Mining, 2021-2031F  | 
6.2.6 Latvia OTR Tires Market Revenues & Volume, By Others, 2021-2031F  | 
6.3 Latvia OTR Tires Market, By Construction  | 
6.3.1 Overview and Analysis  | 
6.3.2 Latvia OTR Tires Market Revenues & Volume, By Solid, 2021-2031F  | 
6.3.3 Latvia OTR Tires Market Revenues & Volume, By Radial, 2021-2031F  | 
6.3.4 Latvia OTR Tires Market Revenues & Volume, By Belted Bias Tire, 2021-2031F  | 
6.3.5 Latvia OTR Tires Market Revenues & Volume, By Bias Tire, 2021-2031F  | 
6.3.6 Latvia OTR Tires Market Revenues & Volume, By Non-Pneumatic Tire, 2021-2031F  | 
6.4 Latvia OTR Tires Market, By Process  | 
6.4.1 Overview and Analysis  | 
6.4.2 Latvia OTR Tires Market Revenues & Volume, By Pre-Cure, 2021-2031F  | 
6.4.3 Latvia OTR Tires Market Revenues & Volume, By Mold Cure, 2021-2031F  | 
7 Latvia OTR Tires Market Import-Export Trade Statistics  | 
7.1 Latvia OTR Tires Market Export to Major Countries  | 
7.2 Latvia OTR Tires Market Imports from Major Countries  | 
8 Latvia OTR Tires Market Key Performance Indicators  | 
8.1 Average age of OTR tire fleet in Latvia.  | 
8.2 Rate of adoption of advanced OTR tire technologies in the market.  | 
8.3 Number of new infrastructure projects in the pipeline requiring OTR tires.  | 
8.4 Percentage of OTR tire imports compared to domestic production.  | 
8.5 Utilization rate of OTR vehicles in key industries.  | 
9 Latvia OTR Tires Market - Opportunity Assessment  | 
9.1 Latvia OTR Tires Market Opportunity Assessment, By Equipment, 2021 & 2031F  | 
9.2 Latvia OTR Tires Market Opportunity Assessment, By Application, 2021 & 2031F  | 
9.3 Latvia OTR Tires Market Opportunity Assessment, By Construction, 2021 & 2031F  | 
9.4 Latvia OTR Tires Market Opportunity Assessment, By Process, 2021 & 2031F  | 
10 Latvia OTR Tires Market - Competitive Landscape  | 
10.1 Latvia OTR Tires Market Revenue Share, By Companies, 2024  | 
10.2 Latvia OTR Tires Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |