Latvia Naval Brass Market (2025-2031) | Growth, Size, Companies, Segmentation, Analysis, Value, Share, Forecast, Trends, Revenue, Outlook & Industry

Name: Latvia Naval Brass Market (2025-2031) | Outlook Growth & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Naval Brass Market, Latvia Naval Brass Market, Latvia Naval Brass Market Revenues, Latvia Naval Brass Market Share, Latvia Naval Brass Market Size, Latvia Naval Brass Market Outlook, Latvia Naval Brass Market Report, Latvia Naval Brass Market Competition, Latvia Naval Brass Market Overview, Latvia Naval Brass Market Trends, Latvia Naval Brass Market Forecast

Market Forecast By Type (C46200 Naval Brass, C46400 Naval Brass, C48200 Naval Brass, C48500 Naval Brass), By Applications (Marine construction, Valve stems, Pump shafts, Nuts, Bolts, Rivets, Others) And Competitive Landscape

Product Code: ETC4729002	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 Naval Brass Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s naval brass import shipments in 2024 continued to see significant growth, with top exporters like Turkey, Lithuania, Poland, Estonia, and Denmark playing a key role. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 7.39%, with a notable growth rate of 22.63% from 2023 to 2024. This data suggests a robust and dynamic market for naval brass imports in Latvia, with opportunities for further expansion and diversification.

Latvia Naval Brass Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Naval Brass Market Outlook
Market Size of Latvia Naval Brass Market, 2024
Forecast of Latvia Naval Brass Market, 2031
Historical Data and Forecast of Latvia Naval Brass Revenues & Volume for the Period 2021-2031
Latvia Naval Brass Market Trend Evolution
Latvia Naval Brass Market Drivers and Challenges
Latvia Naval Brass Price Trends
Latvia Naval Brass Porter`s Five Forces
Latvia Naval Brass Industry Life Cycle
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By C46200 Naval Brass for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By C46400 Naval Brass for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By C48200 Naval Brass for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By C48500 Naval Brass for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Marine construction for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Valve stems for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Pump shafts for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Nuts for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Bolts for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Rivets for the Period 2021-2031
Historical Data and Forecast of Latvia Naval Brass Market Revenues & Volume By Others for the Period 2021-2031
Latvia Naval Brass Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Applications
Latvia Naval Brass Top Companies Market Share
Latvia Naval Brass Competitive Benchmarking By Technical and Operational Parameters
Latvia Naval Brass Company Profiles
Latvia Naval Brass Key Strategic Recommendations

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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 Naval Brass Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Naval Brass Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Naval Brass Market - Industry Life Cycle

3.4 Latvia Naval Brass Market - Porter's Five Forces

3.5 Latvia Naval Brass Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Naval Brass Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Latvia Naval Brass Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for naval brass components in the maritime industry

4.2.2 Growth in shipbuilding and repair activities in Latvia

4.2.3 Favorable government policies supporting the manufacturing sector

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from other materials like aluminum and stainless steel in the maritime sector

4.3.3 Economic uncertainties affecting investment decisions in the naval brass market

5 Latvia Naval Brass Market Trends

6 Latvia Naval Brass Market Segmentations

6.1 Latvia Naval Brass Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Naval Brass Market Revenues & Volume, By C46200 Naval Brass, 2021-2031F

6.1.3 Latvia Naval Brass Market Revenues & Volume, By C46400 Naval Brass, 2021-2031F

6.1.4 Latvia Naval Brass Market Revenues & Volume, By C48200 Naval Brass, 2021-2031F

6.1.5 Latvia Naval Brass Market Revenues & Volume, By C48500 Naval Brass, 2021-2031F

6.2 Latvia Naval Brass Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Naval Brass Market Revenues & Volume, By Marine construction, 2021-2031F

6.2.3 Latvia Naval Brass Market Revenues & Volume, By Valve stems, 2021-2031F

6.2.4 Latvia Naval Brass Market Revenues & Volume, By Pump shafts, 2021-2031F

6.2.5 Latvia Naval Brass Market Revenues & Volume, By Nuts, 2021-2031F

6.2.6 Latvia Naval Brass Market Revenues & Volume, By Bolts, 2021-2031F

6.2.7 Latvia Naval Brass Market Revenues & Volume, By Rivets, 2021-2031F

7 Latvia Naval Brass Market Import-Export Trade Statistics

7.1 Latvia Naval Brass Market Export to Major Countries

7.2 Latvia Naval Brass Market Imports from Major Countries

8 Latvia Naval Brass Market Key Performance Indicators

8.1 Average order size from maritime companies

8.2 Percentage of repeat customers in the naval brass market

8.3 Number of new product innovations or developments by key players

8.4 Utilization rate of manufacturing capacity for naval brass components

8.5 Number of partnerships or collaborations with shipbuilding companies.

9 Latvia Naval Brass Market - Opportunity Assessment

9.1 Latvia Naval Brass Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Naval Brass Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Latvia Naval Brass Market - Competitive Landscape

10.1 Latvia Naval Brass Market Revenue Share, By Companies, 2024

10.2 Latvia Naval Brass Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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