| Product Code: ETC4977845 | 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 |
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 |