| Product Code: ETC5769309 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s low voltage cable import market in 2024 saw continued diversification, with top exporters being Poland, Germany, Estonia, Lithuania, and China. The market remained competitive with low concentration as indicated by the low Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 16.31% from 2020 to 2024 highlights the strong demand for low voltage cables in Latvia. Additionally, the growth rate of 2.54% from 2023 to 2024 indicates a steady upward trajectory for import shipments, presenting opportunities for both domestic and international suppliers.

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 Low Voltage Cable Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Low Voltage Cable Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Low Voltage Cable Market - Industry Life Cycle |
3.4 Latvia Low Voltage Cable Market - Porter's Five Forces |
3.5 Latvia Low Voltage Cable Market Revenues & Volume Share, By Overhead, 2021 & 2031F |
3.6 Latvia Low Voltage Cable Market Revenues & Volume Share, By Underground, 2021 & 2031F |
3.7 Latvia Low Voltage Cable Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Low Voltage Cable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in various industries and households in Latvia |
4.2.2 Growing investments in infrastructure development projects in the country |
4.2.3 Rising adoption of renewable energy sources leading to the need for low voltage cables |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production costs of low voltage cables |
4.3.2 Competition from alternative technologies such as wireless power transmission solutions |
4.3.3 Regulatory challenges and compliance requirements in the manufacturing of low voltage cables |
5 Latvia Low Voltage Cable Market Trends |
6 Latvia Low Voltage Cable Market Segmentations |
6.1 Latvia Low Voltage Cable Market, By Overhead |
6.1.1 Overview and Analysis |
6.1.2 Latvia Low Voltage Cable Market Revenues & Volume, By Conductors, 2021-2031F |
6.1.3 Latvia Low Voltage Cable Market Revenues & Volume, By Fittings & Fixtures, 2021-2031F |
6.1.4 Latvia Low Voltage Cable Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Low Voltage Cable Market, By Underground |
6.2.1 Overview and Analysis |
6.2.2 Latvia Low Voltage Cable Market Revenues & Volume, By PVC Cables, 2021-2031F |
6.2.3 Latvia Low Voltage Cable Market Revenues & Volume, By XLPE Cables, 2021-2031F |
6.2.4 Latvia Low Voltage Cable Market Revenues & Volume, By Cable Terminations, 2021-2031F |
6.2.5 Latvia Low Voltage Cable Market Revenues & Volume, By Cable Joints, 2021-2031F |
6.2.6 Latvia Low Voltage Cable Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Low Voltage Cable Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Low Voltage Cable Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.3.3 Latvia Low Voltage Cable Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Latvia Low Voltage Cable Market Revenues & Volume, By Renewables, 2021-2031F |
7 Latvia Low Voltage Cable Market Import-Export Trade Statistics |
7.1 Latvia Low Voltage Cable Market Export to Major Countries |
7.2 Latvia Low Voltage Cable Market Imports from Major Countries |
8 Latvia Low Voltage Cable Market Key Performance Indicators |
8.1 Average selling price (ASP) of low voltage cables |
8.2 Percentage of revenue from new product innovations |
8.3 Installation efficiency of low voltage cables in projects |
9 Latvia Low Voltage Cable Market - Opportunity Assessment |
9.1 Latvia Low Voltage Cable Market Opportunity Assessment, By Overhead, 2021 & 2031F |
9.2 Latvia Low Voltage Cable Market Opportunity Assessment, By Underground, 2021 & 2031F |
9.3 Latvia Low Voltage Cable Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Low Voltage Cable Market - Competitive Landscape |
10.1 Latvia Low Voltage Cable Market Revenue Share, By Companies, 2024 |
10.2 Latvia Low Voltage Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |