| Product Code: ETC7919417 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s powder injection molding (PIM) import shipments in 2024 continued to be dominated by top exporters such as China, Mexico, Poland, Austria, and Germany. The high concentration of the Herfindahl-Hirschman Index (HHI) suggests a limited number of key players in the market. Despite the challenging environment, the compound annual growth rate (CAGR) from 2020 to 2024 showed a decline of -13.84%. The negative growth rate of -60.95% from 2023 to 2024 indicates a significant slowdown in imports, highlighting potential shifts in market dynamics and 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 Powder Injection Molding (PIM) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Powder Injection Molding (PIM) Market - Industry Life Cycle |
3.4 Latvia Powder Injection Molding (PIM) Market - Porter's Five Forces |
3.5 Latvia Powder Injection Molding (PIM) Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Powder Injection Molding (PIM) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Powder Injection Molding (PIM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and complex-shaped components in industries like automotive, aerospace, and electronics |
4.2.2 Increasing adoption of powder injection molding technology for mass production of small, intricate parts |
4.2.3 Advancements in material science leading to the development of new powder materials suitable for PIM applications |
4.3 Market Restraints |
4.3.1 High initial setup costs associated with powder injection molding equipment and technology |
4.3.2 Limited awareness and understanding of powder injection molding technology among manufacturers |
4.3.3 Challenges related to the post-processing and finishing of parts produced through PIM, affecting the overall production efficiency |
5 Latvia Powder Injection Molding (PIM) Market Trends |
6 Latvia Powder Injection Molding (PIM) Market, By Types |
6.1 Latvia Powder Injection Molding (PIM) Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Metal Injection Molding, 2021- 2031F |
6.1.4 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Ceramics Injection Molding, 2021- 2031F |
6.2 Latvia Powder Injection Molding (PIM) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.3 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.5 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Medical and Orthodontics, 2021- 2031F |
6.2.6 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Fire Arms, 2021- 2031F |
6.2.7 Latvia Powder Injection Molding (PIM) Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
7 Latvia Powder Injection Molding (PIM) Market Import-Export Trade Statistics |
7.1 Latvia Powder Injection Molding (PIM) Market Export to Major Countries |
7.2 Latvia Powder Injection Molding (PIM) Market Imports from Major Countries |
8 Latvia Powder Injection Molding (PIM) Market Key Performance Indicators |
8.1 Scrap rate: Lower scrap rates indicate better process control and efficiency in powder injection molding operations |
8.2 Cycle time: Decreasing cycle times suggest improved productivity and cost-effectiveness in PIM manufacturing |
8.3 Material utilization rate: Higher material utilization rates signify efficient use of resources and cost savings in powder injection molding processes |
9 Latvia Powder Injection Molding (PIM) Market - Opportunity Assessment |
9.1 Latvia Powder Injection Molding (PIM) Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Powder Injection Molding (PIM) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Powder Injection Molding (PIM) Market - Competitive Landscape |
10.1 Latvia Powder Injection Molding (PIM) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Powder Injection Molding (PIM) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |