| Product Code: ETC4920921 | 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 stainless steel powder import market in 2024 continued to be dominated by key players such as Ukraine, Lithuania, Netherlands, Austria, and Germany. Despite a significant negative CAGR of -9.38% from 2020 to 2024, the market experienced an impressive growth spurt in 2024 with a growth rate of 280.55% compared to the previous year. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, suggesting that these top exporting countries hold considerable influence and market power in supplying stainless steel powder to Latvia.

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 Stainless Steel Powder Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Stainless Steel Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Stainless Steel Powder Market - Industry Life Cycle |
3.4 Latvia Stainless Steel Powder Market - Porter's Five Forces |
3.5 Latvia Stainless Steel Powder Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Stainless Steel Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Stainless Steel Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry, leading to increased demand for stainless steel powder in manufacturing components. |
4.2.2 Expansion of the construction sector driving the need for stainless steel powder in infrastructure projects. |
4.2.3 Technological advancements in additive manufacturing techniques, boosting the utilization of stainless steel powder in 3D printing applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of stainless steel powder. |
4.3.2 Environmental regulations and sustainability concerns affecting the production processes of stainless steel powder. |
4.3.3 Intense competition from alternative materials such as aluminum and titanium posing a challenge to the market growth. |
5 Latvia Stainless Steel Powder Market Trends |
6 Latvia Stainless Steel Powder Market Segmentations |
6.1 Latvia Stainless Steel Powder Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Stainless Steel Powder Market Revenues & Volume, By Martensitic Grade, 2021-2031F |
6.1.3 Latvia Stainless Steel Powder Market Revenues & Volume, By Ferritic Grade, 2021-2031F |
6.1.4 Latvia Stainless Steel Powder Market Revenues & Volume, By Austenitic Grade, 2021-2031F |
6.2 Latvia Stainless Steel Powder Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Stainless Steel Powder Market Revenues & Volume, By Powder Metallurgy, 2021-2031F |
6.2.3 Latvia Stainless Steel Powder Market Revenues & Volume, By Metal Injection Molding, 2021-2031F |
6.2.4 Latvia Stainless Steel Powder Market Revenues & Volume, By Additive Manufacturing, 2021-2031F |
6.2.5 Latvia Stainless Steel Powder Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Stainless Steel Powder Market Import-Export Trade Statistics |
7.1 Latvia Stainless Steel Powder Market Export to Major Countries |
7.2 Latvia Stainless Steel Powder Market Imports from Major Countries |
8 Latvia Stainless Steel Powder Market Key Performance Indicators |
8.1 Average selling price of stainless steel powder. |
8.2 Percentage of market share in key industries (e.g., automotive, construction). |
8.3 Research and development investment in new applications for stainless steel powder. |
8.4 Percentage of repeat customers indicating product satisfaction and loyalty. |
8.5 Adoption rate of stainless steel powder in emerging technologies like aerospace and medical devices. |
9 Latvia Stainless Steel Powder Market - Opportunity Assessment |
9.1 Latvia Stainless Steel Powder Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Stainless Steel Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Stainless Steel Powder Market - Competitive Landscape |
10.1 Latvia Stainless Steel Powder Market Revenue Share, By Companies, 2024 |
10.2 Latvia Stainless Steel Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |