| Product Code: ETC5688977 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The shotcrete/sprayed concrete import shipments to Latvia in 2024 were primarily sourced from Poland, Lithuania, Estonia, Ukraine, and Germany. The market concentration, as measured by the HHI, shifted from moderate to high in 2024, indicating increased dominance of key players. Despite a negative CAGR of -3.2% from 2020 to 2024, the growth rate in 2024 experienced a significant decline of -18.82% compared to the previous year. This suggests a challenging market environment for shotcrete/sprayed concrete imports in Latvia, potentially influenced by various factors impacting 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 Shotcrete/Sprayed Concrete Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Shotcrete/Sprayed Concrete Market - Industry Life Cycle |
3.4 Latvia Shotcrete/Sprayed Concrete Market - Porter's Five Forces |
3.5 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.6 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Latvia Shotcrete/Sprayed Concrete Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Latvia |
4.2.2 Growing demand for sustainable and efficient construction techniques |
4.2.3 Advancements in shotcrete/sprayed concrete technology and applications |
4.3 Market Restraints |
4.3.1 High initial costs associated with shotcrete/sprayed concrete equipment and materials |
4.3.2 Limited awareness and adoption of shotcrete/sprayed concrete techniques in Latvia |
4.3.3 Challenges related to skilled labor availability and training |
5 Latvia Shotcrete/Sprayed Concrete Market Trends |
6 Latvia Shotcrete/Sprayed Concrete Market Segmentations |
6.1 Latvia Shotcrete/Sprayed Concrete Market, By Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Dry Mix, 2021-2031F |
6.1.3 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Wet Mix, 2021-2031F |
6.2 Latvia Shotcrete/Sprayed Concrete Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Underground Construction, 2021-2031F |
6.2.3 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Water Retaining Structures, 2021-2031F |
6.2.4 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Protective Coatings, 2021-2031F |
6.2.5 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Repair Works, 2021-2031F |
6.3 Latvia Shotcrete/Sprayed Concrete Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Robotic , 2021-2031F |
6.3.3 Latvia Shotcrete/Sprayed Concrete Market Revenues & Volume, By Manual, 2021-2031F |
7 Latvia Shotcrete/Sprayed Concrete Market Import-Export Trade Statistics |
7.1 Latvia Shotcrete/Sprayed Concrete Market Export to Major Countries |
7.2 Latvia Shotcrete/Sprayed Concrete Market Imports from Major Countries |
8 Latvia Shotcrete/Sprayed Concrete Market Key Performance Indicators |
8.1 Adoption rate of shotcrete/sprayed concrete in construction projects in Latvia |
8.2 Number of infrastructure projects utilizing shotcrete/sprayed concrete |
8.3 Investment in research and development for shotcrete/sprayed concrete technology |
9 Latvia Shotcrete/Sprayed Concrete Market - Opportunity Assessment |
9.1 Latvia Shotcrete/Sprayed Concrete Market Opportunity Assessment, By Process, 2021 & 2031F |
9.2 Latvia Shotcrete/Sprayed Concrete Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Shotcrete/Sprayed Concrete Market Opportunity Assessment, By System, 2021 & 2031F |
10 Latvia Shotcrete/Sprayed Concrete Market - Competitive Landscape |
10.1 Latvia Shotcrete/Sprayed Concrete Market Revenue Share, By Companies, 2024 |
10.2 Latvia Shotcrete/Sprayed Concrete Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |