Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#25 In EuropeBusiness
#26 In EuropeEmployees
#15 In EuropeWages
#26 In EuropeEurope holds the title of the largest maritime territory in the world. With vast coastlines and origins rooted in history, Greece, Germany, the Netherlands, Denmark, Italy and Spain are major maritime nations, each in their focus area including fishing, transport and ports, offshore exploitation and wind energy. The UK and Norway may not belong to the EU, but are vital partners. Given the vast focus on maritime, it’s no surprise that rope and netting manufacturers want to set up shop in Europe.
Enterprises
Number of businesses in 2024
Biggest companies in the Rope & Netting Manufacturing in Latvia
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Rope & Netting Manufacturing in Latvia industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Rope & Netting Manufacturing industry in Latvia in 2024?
The market size of the Rope & Netting Manufacturing industry in Latvia is €20.6m in 2024.
How many businesses are there in the Rope & Netting Manufacturing in Latvia industry in 2024?
There are 13 businesses in the Rope & Netting Manufacturing industry in Latvia, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Rope & Netting Manufacturing industry in Latvia grown or declined over the past 5 years?
The market size of the Rope & Netting Manufacturing industry in Latvia has been declining at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Rope & Netting Manufacturing industry in Latvia over the next 5 years?
Over the next five years, the Rope & Netting Manufacturing industry in Latvia is expected to grow.
What does the Rope & Netting Manufacturing in Latvia include?
Rope and Netting are part of the Rope & Netting Manufacturing industry.
How competitive is the Rope & Netting Manufacturing industry in Latvia?
The level of competition is moderate and steady in the Rope & Netting Manufacturing industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Fishing in Latvia
- Aquaculture in Latvia
- Crude Petroleum & Natural Gas Extraction in Latvia
- Mining Support Services in Latvia
- Building Construction in Latvia
- Utility Infrastructure Construction in Latvia
International industries
Table of Contents
About this industry
Industry definition
Companies in this industry produce twine, cordage, rope and fibre cables (coated or uncoated), knotted netting and rope products like fishing nets, ships’ fenders, unloading cushions, loading slings, rope and cable fitted with metal rings and similar products.
Related Terms
RopeCordagePolypropyleneSisalWhat's included in this industry?
RopeNettingCordageTwineCompanies
Industry Code
1394 - Manufacture of cordage, rope, twine and netting in Latvia
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Rope & Netting Manufacturing in Latvia industry?
Outlook
Analysis
What's driving the Rope & Netting Manufacturing in Latvia industry outlook?
Volatility
Analysis
What influences volatility in the Rope & Netting Manufacturing in Latvia industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Rope & Netting Manufacturing in Latvia industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Cordage and twine succumb to intense import competition. As there’s little room to set these products apart through specialisation, low-cost imports pick away at sales.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Rope & Netting Manufacturing in Latvia industry's products and services performing?
Analysis
What are innovations in the Rope & Netting Manufacturing in Latvia industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Rope & Netting Manufacturing in Latvia industry?
International Trade
Highlights
- Total Imports into Latvia
- Total Exports into Latvia
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Manufacturers exit the market amid rampant competition. Intense import competition has exacerbated pricing pressures. Left no longer financially viable to continue operating, smaller manufacturers have shut up shop.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Rope & Netting Manufacturing in Latvia located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Rope and netting manufacturers come up against little regulation. Regulations focus on environmental safety, waste management, the use of chemicals and fair labour practices, ensuring consumer safety and environmental sustainability.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Rope & Netting Manufacturing in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Sustainability efforts enhance profitability. Rope and netting manufacturers are drawing in more sales from eco-conscious consumers by employing green technologies and materials, giving profit a boost.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Rope & Netting Manufacturing in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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