| Product Code: ETC7904646 | 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 argon import shipments in 2024 continued to show strong growth, with key exporting countries being Estonia, Czechia, Finland, Germany, and Lithuania. Despite a decrease in the Herfindahl-Hirschman Index (HHI) from very high concentration in 2023 to high concentration in 2024, the market remains competitive. The compound annual growth rate (CAGR) from 2020-2024 was impressive at 12.51%, with a notable growth rate of 6.5% from 2023-2024 indicating sustained momentum in the market. The consistent demand for argon imports in Latvia points towards a positive outlook for the industry.

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 Argon Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Argon Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Argon Market - Industry Life Cycle |
3.4 Latvia Argon Market - Porter's Five Forces |
3.5 Latvia Argon Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Argon Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Argon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Argon Market Trends |
6 Latvia Argon Market, By Types |
6.1 Latvia Argon Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Argon Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Latvia Argon Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.4 Latvia Argon Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Latvia Argon Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Argon Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.3 Latvia Argon Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 Latvia Argon Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.5 Latvia Argon Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.2.6 Latvia Argon Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Argon Market Import-Export Trade Statistics |
7.1 Latvia Argon Market Export to Major Countries |
7.2 Latvia Argon Market Imports from Major Countries |
8 Latvia Argon Market Key Performance Indicators |
9 Latvia Argon Market - Opportunity Assessment |
9.1 Latvia Argon Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Argon Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Argon Market - Competitive Landscape |
10.1 Latvia Argon Market Revenue Share, By Companies, 2024 |
10.2 Latvia Argon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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