| Product Code: ETC5695494 | 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 |
Latvia`s steel wire rope and plastic rope import shipments in 2024 saw a decline in CAGR at -7.0%, with a significant drop in growth rate from 2023 to 2024 at -30.31%. Despite this, the top countries exporting to Latvia were Ukraine, Lithuania, South Korea, Sweden, and the UK. The Herfindahl-Hirschman Index (HHI) remained at very low concentration levels in 2024, indicating a diverse market with no dominant players. This suggests a competitive landscape in the import market for steel wire rope and plastic rope in 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 Steel Wire Rope & Plastic Rope Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Steel Wire Rope & Plastic Rope Market - Industry Life Cycle |
3.4 Latvia Steel Wire Rope & Plastic Rope Market - Porter's Five Forces |
3.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Typeof Lay, 2021 & 2031F |
3.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Steel Wire Rope & Plastic Rope Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing infrastructure development projects in Latvia |
4.2.2 Increasing demand for steel wire rope in industries such as construction, mining, and transportation |
4.2.3 Technological advancements leading to the development of innovative plastic ropes |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Environmental concerns and regulations promoting sustainable alternatives to traditional ropes |
4.3.3 Competition from substitute materials like synthetic fibers impacting market growth |
5 Latvia Steel Wire Rope & Plastic Rope Market Trends |
6 Latvia Steel Wire Rope & Plastic Rope Market Segmentations |
6.1 Latvia Steel Wire Rope & Plastic Rope Market, By Typeof Lay |
6.1.1 Overview and Analysis |
6.1.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Regular Lay, 2021-2031F |
6.1.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Lang Lay, 2021-2031F |
6.2 Latvia Steel Wire Rope & Plastic Rope Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PP, 2021-2031F |
6.2.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By PET, 2021-2031F |
6.2.4 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By HMPE, 2021-2031F |
6.2.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Specialty fibers, 2021-2031F |
6.3 Latvia Steel Wire Rope & Plastic Rope Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Marine & Fishing, 2021-2031F |
6.3.3 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Sports & Leisure, 2021-2031F |
6.3.4 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.5 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Industrial & Crane, 2021-2031F |
6.3.6 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Mining, 2021-2031F |
6.3.7 Latvia Steel Wire Rope & Plastic Rope Market Revenues & Volume, By Construction, 2021-2031F |
7 Latvia Steel Wire Rope & Plastic Rope Market Import-Export Trade Statistics |
7.1 Latvia Steel Wire Rope & Plastic Rope Market Export to Major Countries |
7.2 Latvia Steel Wire Rope & Plastic Rope Market Imports from Major Countries |
8 Latvia Steel Wire Rope & Plastic Rope Market Key Performance Indicators |
8.1 Adoption rate of steel wire rope and plastic rope in key industries |
8.2 Number of infrastructure projects utilizing steel wire rope and plastic rope |
8.3 Rate of innovation and introduction of new products in the steel wire rope and plastic rope market |
9 Latvia Steel Wire Rope & Plastic Rope Market - Opportunity Assessment |
9.1 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Typeof Lay, 2021 & 2031F |
9.2 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Steel Wire Rope & Plastic Rope Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Steel Wire Rope & Plastic Rope Market - Competitive Landscape |
10.1 Latvia Steel Wire Rope & Plastic Rope Market Revenue Share, By Companies, 2024 |
10.2 Latvia Steel Wire Rope & Plastic Rope Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |