| Product Code: ETC4977845 | 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 | |
In 2024, Latvia continued to rely on imports of sheet piling with Estonia, Denmark, Germany, Poland, and Lithuania being the top exporting countries. The market displayed a high concentration with a Herfindahl-Hirschman Index (HHI) remaining at elevated levels. However, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -8.28% from 2020 to 2024, and a sharp drop in the growth rate of -40.05% from 2023 to 2024. This data indicates a challenging landscape for sheet piling imports in Latvia, pointing towards potential shifts in the market dynamics.
| 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 Sheet Piling Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Sheet Piling Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Sheet Piling Market - Industry Life Cycle | 
| 3.4 Latvia Sheet Piling Market - Porter's Five Forces | 
| 3.5 Latvia Sheet Piling Market Revenues & Volume Share Segmentations, 2021 & 2031F | 
| 3.6 Latvia Sheet Piling Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Sheet Piling Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing infrastructure development projects in Latvia | 
| 4.2.2 Growing demand for sustainable and cost-effective construction methods | 
| 4.2.3 Rising awareness about the benefits of sheet piling in coastal protection and flood prevention | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuations in raw material prices affecting overall project costs | 
| 4.3.2 Regulatory hurdles and environmental concerns related to sheet piling projects | 
| 4.3.3 Competition from alternative construction methods like diaphragm walls or soil nailing | 
| 5 Latvia Sheet Piling Market Trends | 
| 6 Latvia Sheet Piling Market Segmentations | 
| 6.1 Latvia Sheet Piling Market Segmentations | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Sheet Piling Market Revenues & Volume, By Hot Rolled Steel Sheet Piles, 2021-2031F | 
| 6.1.3 Latvia Sheet Piling Market Revenues & Volume, By Cold-formed Steel Sheet Piles, 2021-2031F | 
| 6.2 Latvia Sheet Piling Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Sheet Piling Market Revenues & Volume, By Permanent Building Structure, 2021-2031F | 
| 6.2.3 Latvia Sheet Piling Market Revenues & Volume, By Temporary Building Structure, 2021-2031F | 
| 6.2.4 Latvia Sheet Piling Market Revenues & Volume, By Emergency And Disaster Relief Buildings, 2021-2031F | 
| 7 Latvia Sheet Piling Market Import-Export Trade Statistics | 
| 7.1 Latvia Sheet Piling Market Export to Major Countries | 
| 7.2 Latvia Sheet Piling Market Imports from Major Countries | 
| 8 Latvia Sheet Piling Market Key Performance Indicators | 
| 8.1 Average project completion time for sheet piling projects | 
| 8.2 Number of new infrastructure projects incorporating sheet piling in their design | 
| 8.3 Percentage increase in the adoption of environmentally-friendly sheet piling technologies | 
| 9 Latvia Sheet Piling Market - Opportunity Assessment | 
| 9.1 Latvia Sheet Piling Market Opportunity Assessment Segmentations, 2021 & 2031F | 
| 9.2 Latvia Sheet Piling Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Sheet Piling Market - Competitive Landscape | 
| 10.1 Latvia Sheet Piling Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Sheet Piling Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |