| Product Code: ETC7922254 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia continues to rely on imports of stamped components, with top exporters being Germany, Estonia, Italy, Poland, and Czechia in 2024. The market shows moderate concentration, as indicated by the Herfindahl-Hirschman Index (HHI). However, there has been a negative compound annual growth rate (CAGR) of -5.34% from 2020 to 2024, with a significant decline in growth rate of -38.52% from 2023 to 2024. These trends suggest challenges in the stamped component market in Latvia, potentially influenced by external factors impacting trade and economic conditions.

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 Stamped Component Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Stamped Component Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Stamped Component Market - Industry Life Cycle |
3.4 Latvia Stamped Component Market - Porter's Five Forces |
3.5 Latvia Stamped Component Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Stamped Component Market Revenues & Volume Share, By Station Type, 2021 & 2031F |
3.7 Latvia Stamped Component Market Revenues & Volume Share, By Stamping Process, 2021 & 2031F |
3.8 Latvia Stamped Component Market Revenues & Volume Share, By Forming Temperature, 2021 & 2031F |
3.9 Latvia Stamped Component Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Stamped Component Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Stamped Component Market Trends |
6 Latvia Stamped Component Market, By Types |
6.1 Latvia Stamped Component Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Stamped Component Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Stamped Component Market Revenues & Volume, By Bending, 2021- 2031F |
6.1.4 Latvia Stamped Component Market Revenues & Volume, By Flanging, 2021- 2031F |
6.1.5 Latvia Stamped Component Market Revenues & Volume, By Embossing, 2021- 2031F |
6.1.6 Latvia Stamped Component Market Revenues & Volume, By Coining, 2021- 2031F |
6.1.7 Latvia Stamped Component Market Revenues & Volume, By Blanking, 2021- 2031F |
6.2 Latvia Stamped Component Market, By Station Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Stamped Component Market Revenues & Volume, By Single station, 2021- 2031F |
6.2.3 Latvia Stamped Component Market Revenues & Volume, By Progressive station, 2021- 2031F |
6.3 Latvia Stamped Component Market, By Stamping Process |
6.3.1 Overview and Analysis |
6.3.2 Latvia Stamped Component Market Revenues & Volume, By Mechanical stamping, 2021- 2031F |
6.3.3 Latvia Stamped Component Market Revenues & Volume, By Hydraulic stamping, 2021- 2031F |
6.3.4 Latvia Stamped Component Market Revenues & Volume, By Pneumatic stamping, 2021- 2031F |
6.4 Latvia Stamped Component Market, By Forming Temperature |
6.4.1 Overview and Analysis |
6.4.2 Latvia Stamped Component Market Revenues & Volume, By Hot forming, 2021- 2031F |
6.4.3 Latvia Stamped Component Market Revenues & Volume, By Cold forming, 2021- 2031F |
6.5 Latvia Stamped Component Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Stamped Component Market Revenues & Volume, By Passenger cars, 2021- 2031F |
6.5.3 Latvia Stamped Component Market Revenues & Volume, By Commercial vehicles, 2021- 2031F |
7 Latvia Stamped Component Market Import-Export Trade Statistics |
7.1 Latvia Stamped Component Market Export to Major Countries |
7.2 Latvia Stamped Component Market Imports from Major Countries |
8 Latvia Stamped Component Market Key Performance Indicators |
9 Latvia Stamped Component Market - Opportunity Assessment |
9.1 Latvia Stamped Component Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Stamped Component Market Opportunity Assessment, By Station Type, 2021 & 2031F |
9.3 Latvia Stamped Component Market Opportunity Assessment, By Stamping Process, 2021 & 2031F |
9.4 Latvia Stamped Component Market Opportunity Assessment, By Forming Temperature, 2021 & 2031F |
9.5 Latvia Stamped Component Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Stamped Component Market - Competitive Landscape |
10.1 Latvia Stamped Component Market Revenue Share, By Companies, 2024 |
10.2 Latvia Stamped Component Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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