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

Market Forecast By Equipment (Articulated Dump Trucks, Asphalt Finishers, Backhoe Loaders, Crawler Dozer, Crawler Excavators, Crawler Loaders, Mini Excavators), By Application (Agriculture, Construction, Material handling, Mining, Others), By Construction (Solid, Radial, Belted Bias Tire, Bias Tire, Non-Pneumatic Tire), By Process (Pre-Cure, Mold Cure) And Competitive Landscape
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 Otr Tires Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Key Highlights of the Report:

  • Latvia OTR Tires Market Outlook
  • Market Size of Latvia OTR Tires Market, 2024
  • Forecast of Latvia OTR Tires Market, 2031
  • Historical Data and Forecast of Latvia OTR Tires Revenues & Volume for the Period 2021-2031
  • Latvia OTR Tires Market Trend Evolution
  • Latvia OTR Tires Market Drivers and Challenges
  • Latvia OTR Tires Price Trends
  • Latvia OTR Tires Porter`s Five Forces
  • Latvia OTR Tires Industry Life Cycle
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Equipment for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Articulated Dump Trucks for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Asphalt Finishers for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Backhoe Loaders for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Crawler Dozer for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Crawler Excavators for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Crawler Loaders for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Mini Excavators for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Material handling for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Mining for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Solid for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Radial for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Belted Bias Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Bias Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Non-Pneumatic Tire for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Process for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Pre-Cure for the Period 2021-2031
  • Historical Data and Forecast of Latvia OTR Tires Market Revenues & Volume By Mold Cure for the Period 2021-2031
  • Latvia OTR Tires Import Export Trade Statistics
  • Market Opportunity Assessment By Equipment
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Construction
  • Market Opportunity Assessment By Process
  • Latvia OTR Tires Top Companies Market Share
  • Latvia OTR Tires Competitive Benchmarking By Technical and Operational Parameters
  • Latvia OTR Tires Company Profiles
  • Latvia OTR Tires Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia OTR Tires 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 OTR Tires 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 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

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

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All