| Product Code: ETC7905309 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s automotive lead-acid battery import market in 2024 saw significant growth, with top exporting countries being Czechia, Poland, Germany, Lithuania, and Finland. The market concentration, as measured by the HHI, remained moderate, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 16.14%, with a notable growth rate of 26.41% from 2023 to 2024. This data suggests a thriving market for automotive lead-acid batteries in Latvia, driven by strong import activities and increasing demand for these products.

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 Automotive Lead-Acid Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Lead-Acid Battery Market - Industry Life Cycle |
3.4 Latvia Automotive Lead-Acid Battery Market - Porter's Five Forces |
3.5 Latvia Automotive Lead-Acid Battery Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Automotive Lead-Acid Battery Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Automotive Lead-Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Latvia Automotive Lead-Acid Battery Market Revenues & Volume Share, By Customer Segment, 2021 & 2031F |
4 Latvia Automotive Lead-Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in automotive production and sales in Latvia |
4.2.2 Growing demand for electric vehicles and hybrid vehicles |
4.2.3 Government regulations promoting the use of eco-friendly vehicles |
4.3 Market Restraints |
4.3.1 Competition from other types of batteries such as lithium-ion batteries |
4.3.2 Economic uncertainties impacting consumer purchasing power |
4.3.3 Fluctuating raw material prices affecting battery production costs |
5 Latvia Automotive Lead-Acid Battery Market Trends |
6 Latvia Automotive Lead-Acid Battery Market, By Types |
6.1 Latvia Automotive Lead-Acid Battery Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.1.5 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Two-Wheelers, 2021- 2031F |
6.1.6 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By HEV Cars, 2021- 2031F |
6.2 Latvia Automotive Lead-Acid Battery Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By SLI Batteries, 2021- 2031F |
6.2.3 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Micro Hybrid Batteries, 2021- 2031F |
6.3 Latvia Automotive Lead-Acid Battery Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Flooded Batteries, 2021- 2031F |
6.3.3 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Enhanced Flooded Batteries, 2021- 2031F |
6.3.4 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By VRLA Batteries, 2021- 2031F |
6.4 Latvia Automotive Lead-Acid Battery Market, By Customer Segment |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 Latvia Automotive Lead-Acid Battery Market Revenues & Volume, By Replacement, 2021- 2031F |
7 Latvia Automotive Lead-Acid Battery Market Import-Export Trade Statistics |
7.1 Latvia Automotive Lead-Acid Battery Market Export to Major Countries |
7.2 Latvia Automotive Lead-Acid Battery Market Imports from Major Countries |
8 Latvia Automotive Lead-Acid Battery Market Key Performance Indicators |
8.1 Average battery lifespan in the automotive sector |
8.2 Percentage of vehicles using lead-acid batteries in Latvia |
8.3 Recycling rate of lead-acid batteries in the automotive industry |
9 Latvia Automotive Lead-Acid Battery Market - Opportunity Assessment |
9.1 Latvia Automotive Lead-Acid Battery Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Automotive Lead-Acid Battery Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Automotive Lead-Acid Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Latvia Automotive Lead-Acid Battery Market Opportunity Assessment, By Customer Segment, 2021 & 2031F |
10 Latvia Automotive Lead-Acid Battery Market - Competitive Landscape |
10.1 Latvia Automotive Lead-Acid Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Lead-Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |