| Product Code: ETC4900705 | 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 |
Latvia`s rolling mill import shipments in 2024 continued to see significant growth, with top exporting countries being China, Germany, Slovenia, and the UK. The market concentration, as measured by the HHI, remained very high in 2024, indicating a strong dominance of key players. The impressive compound annual growth rate (CAGR) of 44.85% from 2020 to 2024 highlights the increasing demand for rolling mill imports in Latvia. Moreover, the growth rate of 57.54% from 2023 to 2024 suggests a further acceleration in the market, showcasing a promising outlook for the industry.

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 Rolling Mill Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rolling Mill Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rolling Mill Market - Industry Life Cycle |
3.4 Latvia Rolling Mill Market - Porter's Five Forces |
3.5 Latvia Rolling Mill Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Latvia Rolling Mill Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Latvia Rolling Mill Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Rolling Mill Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Rolling Mill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel products in construction and infrastructure projects |
4.2.2 Growing investments in the manufacturing sector in Latvia |
4.2.3 Government initiatives to promote the steel industry and boost domestic production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from foreign rolling mill companies |
4.3.3 Environmental regulations impacting operations and expansions |
5 Latvia Rolling Mill Market Trends |
6 Latvia Rolling Mill Market Segmentations |
6.1 Latvia Rolling Mill Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rolling Mill Market Revenues & Volume, By Two high rolling mill, 2021-2031F |
6.1.3 Latvia Rolling Mill Market Revenues & Volume, By Three high rolling mill, 2021-2031F |
6.1.4 Latvia Rolling Mill Market Revenues & Volume, By Four high rolling mill, 2021-2031F |
6.1.5 Latvia Rolling Mill Market Revenues & Volume, By Tandem rolling mill, 2021-2031F |
6.1.6 Latvia Rolling Mill Market Revenues & Volume, By Cluster rolling mill, 2021-2031F |
6.1.7 Latvia Rolling Mill Market Revenues & Volume, By Planetary rolling mill, 2021-2031F |
6.2 Latvia Rolling Mill Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rolling Mill Market Revenues & Volume, By Controlled rolling, 2021-2031F |
6.2.3 Latvia Rolling Mill Market Revenues & Volume, By Forge rolling, 2021-2031F |
6.2.4 Latvia Rolling Mill Market Revenues & Volume, By Profile rolling, 2021-2031F |
6.2.5 Latvia Rolling Mill Market Revenues & Volume, By Ring rolling, 2021-2031F |
6.2.6 Latvia Rolling Mill Market Revenues & Volume, By Hot rolling, 2021-2031F |
6.2.7 Latvia Rolling Mill Market Revenues & Volume, By Cold rolling, 2021-2031F |
6.3 Latvia Rolling Mill Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rolling Mill Market Revenues & Volume, By Metal fabrication, 2021-2031F |
6.3.3 Latvia Rolling Mill Market Revenues & Volume, By Household appliances, 2021-2031F |
6.3.4 Latvia Rolling Mill Market Revenues & Volume, By Construction materials, 2021-2031F |
6.3.5 Latvia Rolling Mill Market Revenues & Volume, By Railway tracks, 2021-2031F |
6.4 Latvia Rolling Mill Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rolling Mill Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.4.3 Latvia Rolling Mill Market Revenues & Volume, By General Manufacturing, 2021-2031F |
6.4.4 Latvia Rolling Mill Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Latvia Rolling Mill Market Revenues & Volume, By Residential and Commercial, 2021-2031F |
6.4.6 Latvia Rolling Mill Market Revenues & Volume, By Defense, 2021-2031F |
6.4.7 Latvia Rolling Mill Market Revenues & Volume, By Energy, 2021-2031F |
7 Latvia Rolling Mill Market Import-Export Trade Statistics |
7.1 Latvia Rolling Mill Market Export to Major Countries |
7.2 Latvia Rolling Mill Market Imports from Major Countries |
8 Latvia Rolling Mill Market Key Performance Indicators |
8.1 Energy efficiency improvements in rolling mill operations |
8.2 Percentage of revenue invested in RD for technological advancements |
8.3 Compliance rate with environmental standards and regulations |
8.4 Percentage of local sourcing for raw materials |
9 Latvia Rolling Mill Market - Opportunity Assessment |
9.1 Latvia Rolling Mill Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Latvia Rolling Mill Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Latvia Rolling Mill Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Rolling Mill Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Rolling Mill Market - Competitive Landscape |
10.1 Latvia Rolling Mill Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rolling Mill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |