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

Market Forecast By Product (Spinning Rods, Fly Fishing Rods, Casting Rods, Others), By Raw Material (Bamboo, Fiberglass, Carbon Fiber, Others), By Application (Competitive Casting, Recreational, Commercial, Others), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC4715170 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 Fishing Rods Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Latvia fishing rods import market witnessed a significant shift in concentration levels from high to low in 2024, indicating increased diversification among top exporting countries such as China, Poland, Japan, Germany, and Bulgaria. Despite a negative Compound Annual Growth Rate (CAGR) of -2.94% from 2020 to 2024, the market experienced a steep decline in growth rate of -17.28% in 2024. This suggests challenges and changes in the industry landscape, potentially driven by evolving consumer preferences or global economic factors. Stakeholders should closely monitor these trends for strategic decision-making.

Latvia Fishing Rods Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Fishing Rods Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Fishing Rods market in Latvia is projected to expand at a stable growth rate of 4.33% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Fishing Rods Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Fishing Rods Market Outlook
  • Market Size of Latvia Fishing Rods Market, 2024
  • Forecast of Latvia Fishing Rods Market, 2031
  • Historical Data and Forecast of Latvia Fishing Rods Revenues & Volume for the Period 2021-2031
  • Latvia Fishing Rods Market Trend Evolution
  • Latvia Fishing Rods Market Drivers and Challenges
  • Latvia Fishing Rods Price Trends
  • Latvia Fishing Rods Porter`s Five Forces
  • Latvia Fishing Rods Industry Life Cycle
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Spinning Rods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Fly Fishing Rods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Casting Rods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Raw Material for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Bamboo for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Fiberglass for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Carbon Fiber for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Competitive Casting for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Recreational for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Latvia Fishing Rods Market Revenues & Volume By Offline for the Period 2021-2031
  • Latvia Fishing Rods Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Raw Material
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Fishing Rods Top Companies Market Share
  • Latvia Fishing Rods Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Fishing Rods Company Profiles
  • Latvia Fishing Rods Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Fishing Rods Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Fishing Rods Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Fishing Rods Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Fishing Rods Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Fishing Rods Market - Industry Life Cycle

3.4 Latvia Fishing Rods Market - Porter's Five Forces

3.5 Latvia Fishing Rods Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Latvia Fishing Rods Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.7 Latvia Fishing Rods Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Latvia Fishing Rods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Fishing Rods Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing popularity of recreational fishing activities in Latvia

4.2.2 Growing interest in sustainable and eco-friendly fishing practices

4.2.3 Technological advancements in fishing rod materials and designs

4.3 Market Restraints

4.3.1 Seasonal variations in fishing activities due to weather conditions

4.3.2 Competition from alternative outdoor recreational activities

4.3.3 Fluctuations in raw material prices impacting production costs

5 Latvia Fishing Rods Market Trends

6 Latvia Fishing Rods Market Segmentations

6.1 Latvia Fishing Rods Market, By Product

6.1.1 Overview and Analysis

6.1.2 Latvia Fishing Rods Market Revenues & Volume, By Spinning Rods, 2021-2031F

6.1.3 Latvia Fishing Rods Market Revenues & Volume, By Fly Fishing Rods, 2021-2031F

6.1.4 Latvia Fishing Rods Market Revenues & Volume, By Casting Rods, 2021-2031F

6.1.5 Latvia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Fishing Rods Market, By Raw Material

6.2.1 Overview and Analysis

6.2.2 Latvia Fishing Rods Market Revenues & Volume, By Bamboo, 2021-2031F

6.2.3 Latvia Fishing Rods Market Revenues & Volume, By Fiberglass, 2021-2031F

6.2.4 Latvia Fishing Rods Market Revenues & Volume, By Carbon Fiber, 2021-2031F

6.2.5 Latvia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Fishing Rods Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Fishing Rods Market Revenues & Volume, By Competitive Casting, 2021-2031F

6.3.3 Latvia Fishing Rods Market Revenues & Volume, By Recreational, 2021-2031F

6.3.4 Latvia Fishing Rods Market Revenues & Volume, By Commercial, 2021-2031F

6.3.5 Latvia Fishing Rods Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Fishing Rods Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Fishing Rods Market Revenues & Volume, By Online, 2021-2031F

6.4.3 Latvia Fishing Rods Market Revenues & Volume, By Offline, 2021-2031F

7 Latvia Fishing Rods Market Import-Export Trade Statistics

7.1 Latvia Fishing Rods Market Export to Major Countries

7.2 Latvia Fishing Rods Market Imports from Major Countries

8 Latvia Fishing Rods Market Key Performance Indicators

8.1 Number of fishing permits issued in Latvia

8.2 Adoption rate of eco-friendly fishing gear in the market

8.3 Percentage of anglers using advanced fishing rod technologies

9 Latvia Fishing Rods Market - Opportunity Assessment

9.1 Latvia Fishing Rods Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Latvia Fishing Rods Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.3 Latvia Fishing Rods Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Latvia Fishing Rods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Fishing Rods Market - Competitive Landscape

10.1 Latvia Fishing Rods Market Revenue Share, By Companies, 2024

10.2 Latvia Fishing Rods Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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