| Product Code: ETC7913702 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia investment casting import market experienced a significant shift in concentration levels from moderate to low in 2024. Top exporting countries such as the UK, India, Lithuania, Metropolitan France, and Ukraine played a key role in driving growth, with a notable growth rate of 26.53% from 2023 to 2024. Despite a negative CAGR of -6.91% from 2020 to 2024, the market shows signs of resilience and potential for future expansion with diversification among key trading partners.

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 Investment Casting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Investment Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Investment Casting Market - Industry Life Cycle |
3.4 Latvia Investment Casting Market - Porter's Five Forces |
3.5 Latvia Investment Casting Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Investment Casting Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Investment Casting Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Investment Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Investment Casting Market Trends |
6 Latvia Investment Casting Market, By Types |
6.1 Latvia Investment Casting Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Investment Casting Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Investment Casting Market Revenues & Volume, By Sodium Silicate Process, 2021- 2031F |
6.1.4 Latvia Investment Casting Market Revenues & Volume, By Tetraethyl Orthosilicate/ Silica Sol Process, 2021- 2031F |
6.2 Latvia Investment Casting Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Investment Casting Market Revenues & Volume, By Superalloys, 2021- 2031F |
6.2.3 Latvia Investment Casting Market Revenues & Volume, By Steel, 2021- 2031F |
6.2.4 Latvia Investment Casting Market Revenues & Volume, By Aluminum, 2021- 2031F |
6.2.5 Latvia Investment Casting Market Revenues & Volume, By Titanium, 2021- 2031F |
6.2.6 Latvia Investment Casting Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Investment Casting Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Investment Casting Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Latvia Investment Casting Market Revenues & Volume, By Aerospace and Military, 2021- 2031F |
6.3.4 Latvia Investment Casting Market Revenues & Volume, By General Industrial Machinery, 2021- 2031F |
6.3.5 Latvia Investment Casting Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.6 Latvia Investment Casting Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Investment Casting Market Import-Export Trade Statistics |
7.1 Latvia Investment Casting Market Export to Major Countries |
7.2 Latvia Investment Casting Market Imports from Major Countries |
8 Latvia Investment Casting Market Key Performance Indicators |
9 Latvia Investment Casting Market - Opportunity Assessment |
9.1 Latvia Investment Casting Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Investment Casting Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Investment Casting Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Investment Casting Market - Competitive Landscape |
10.1 Latvia Investment Casting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Investment Casting 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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