| Product Code: ETC7905870 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of compression shirts to Latvia in 2024 showed strong growth with a notable CAGR of 28.9% from 2020 to 2024. Top exporting countries such as Germany, Italy, Poland, Spain, and Belgium have contributed significantly to this trend. Despite the growth, the market concentration, as measured by the HHI, remained moderate in 2024. The substantial growth rate of 16.15% from 2023 to 2024 indicates a continued interest in baselayer compression shirts in the Latvian market, suggesting opportunities for further expansion and market penetration.

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 Baselayer Compression Shirts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Baselayer Compression Shirts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Baselayer Compression Shirts Market - Industry Life Cycle |
3.4 Latvia Baselayer Compression Shirts Market - Porter's Five Forces |
3.5 Latvia Baselayer Compression Shirts Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Latvia Baselayer Compression Shirts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Baselayer Compression Shirts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Baselayer Compression Shirts Market Trends |
6 Latvia Baselayer Compression Shirts Market, By Types |
6.1 Latvia Baselayer Compression Shirts Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Latvia Baselayer Compression Shirts Market Revenues & Volume, By End User, 2021- 2031F |
6.1.3 Latvia Baselayer Compression Shirts Market Revenues & Volume, By Male, 2021- 2031F |
6.1.4 Latvia Baselayer Compression Shirts Market Revenues & Volume, By Female, 2021- 2031F |
6.2 Latvia Baselayer Compression Shirts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Baselayer Compression Shirts Market Revenues & Volume, By Hypermarket & Supermarket, 2021- 2031F |
6.2.3 Latvia Baselayer Compression Shirts Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Latvia Baselayer Compression Shirts Market Revenues & Volume, By Online, 2021- 2031F |
7 Latvia Baselayer Compression Shirts Market Import-Export Trade Statistics |
7.1 Latvia Baselayer Compression Shirts Market Export to Major Countries |
7.2 Latvia Baselayer Compression Shirts Market Imports from Major Countries |
8 Latvia Baselayer Compression Shirts Market Key Performance Indicators |
9 Latvia Baselayer Compression Shirts Market - Opportunity Assessment |
9.1 Latvia Baselayer Compression Shirts Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Latvia Baselayer Compression Shirts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Baselayer Compression Shirts Market - Competitive Landscape |
10.1 Latvia Baselayer Compression Shirts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Baselayer Compression Shirts 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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