| Product Code: ETC4923315 | 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`s steel tubes import market continued to show high concentration levels with the top exporting countries being Poland, Italy, Lithuania, Germany, and Estonia. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 14.89%. This indicates sustained demand for steel tubes in Latvia, with key suppliers maintaining their positions in the market. It will be important for market players to monitor trends and adjust strategies to navigate any potential challenges in the coming years.

The Steel Tubes market in Latvia is projected to grow at a stable growth rate of 0.51% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Steel Tubes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Steel Tubes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Steel Tubes Market - Industry Life Cycle |
3.4 Latvia Steel Tubes Market - Porter's Five Forces |
3.5 Latvia Steel Tubes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Steel Tubes Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Steel Tubes Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Steel Tubes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing investments in infrastructure projects in Latvia |
4.2.2 Increasing demand for steel tubes in the construction industry |
4.2.3 Favorable government initiatives supporting the steel industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from imported steel tubes |
4.3.3 Volatility in global steel prices affecting the market |
5 Latvia Steel Tubes Market Trends |
6 Latvia Steel Tubes Market Segmentations |
6.1 Latvia Steel Tubes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Steel Tubes Market Revenues & Volume, By Seamless Steel Tubes , 2021-2031F |
6.1.3 Latvia Steel Tubes Market Revenues & Volume, By Welded Steel Tubes, 2021-2031F |
6.2 Latvia Steel Tubes Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Steel Tubes Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Latvia Steel Tubes Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 Latvia Steel Tubes Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.5 Latvia Steel Tubes Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Steel Tubes Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Steel Tubes Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.3.3 Latvia Steel Tubes Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.3.4 Latvia Steel Tubes Market Revenues & Volume, By Infrastructure and Construction, 2021-2031F |
6.3.5 Latvia Steel Tubes Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Latvia Steel Tubes Market Revenues & Volume, By Water Treatment and Sewage, 2021-2031F |
6.3.7 Latvia Steel Tubes Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Steel Tubes Market Import-Export Trade Statistics |
7.1 Latvia Steel Tubes Market Export to Major Countries |
7.2 Latvia Steel Tubes Market Imports from Major Countries |
8 Latvia Steel Tubes Market Key Performance Indicators |
8.1 Average selling price of steel tubes in Latvia |
8.2 Number of infrastructure projects utilizing steel tubes |
8.3 Capacity utilization rate of steel tube manufacturers in Latvia |
9 Latvia Steel Tubes Market - Opportunity Assessment |
9.1 Latvia Steel Tubes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Steel Tubes Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Steel Tubes Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Steel Tubes Market - Competitive Landscape |
10.1 Latvia Steel Tubes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Steel Tubes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |