| Product Code: ETC7905916 | 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 |
In 2024, Latvia saw significant growth in battery plate import shipments with a CAGR of 16.14% from 2020 to 2024. The top exporting countries to Latvia were Czechia, Poland, Germany, Lithuania, and Finland, indicating a diverse supply chain. Despite the growth, the Herfindahl-Hirschman Index (HHI) remained at a moderate concentration level in 2024. Notably, the growth rate from 2023 to 2024 was an impressive 26.41%, showcasing a thriving market for battery plates in Latvia.

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 Battery Plate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Battery Plate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Battery Plate Market - Industry Life Cycle |
3.4 Latvia Battery Plate Market - Porter's Five Forces |
3.5 Latvia Battery Plate Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Latvia Battery Plate Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Battery Plate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Growing adoption of renewable energy sources driving the need for energy storage solutions |
4.2.3 Technological advancements leading to higher efficiency and performance of battery plates |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up battery plate manufacturing facilities |
4.3.2 Fluctuating prices of raw materials such as lead and sulfuric acid impacting production costs |
4.3.3 Stringent environmental regulations and waste disposal norms affecting manufacturing processes |
5 Latvia Battery Plate Market Trends |
6 Latvia Battery Plate Market, By Types |
6.1 Latvia Battery Plate Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Battery Plate Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Latvia Battery Plate Market Revenues & Volume, By Lithium-Ion Batteries, 2021- 2031F |
6.1.4 Latvia Battery Plate Market Revenues & Volume, By Lead-Acid Batteries, 2021- 2031F |
6.1.5 Latvia Battery Plate Market Revenues & Volume, By Other Types, 2021- 2031F |
6.2 Latvia Battery Plate Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Latvia Battery Plate Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Battery Plate Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.4 Latvia Battery Plate Market Revenues & Volume, By Energy Storage, 2021- 2031F |
6.2.5 Latvia Battery Plate Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.6 Latvia Battery Plate Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Battery Plate Market Import-Export Trade Statistics |
7.1 Latvia Battery Plate Market Export to Major Countries |
7.2 Latvia Battery Plate Market Imports from Major Countries |
8 Latvia Battery Plate Market Key Performance Indicators |
8.1 Percentage increase in research and development investments in battery plate technology |
8.2 Average energy density improvement in battery plates over a specific period |
8.3 Number of patents filed for battery plate innovations |
8.4 Percentage reduction in manufacturing waste and emissions |
8.5 Average increase in battery plate lifespan over time |
9 Latvia Battery Plate Market - Opportunity Assessment |
9.1 Latvia Battery Plate Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Latvia Battery Plate Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Battery Plate Market - Competitive Landscape |
10.1 Latvia Battery Plate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Battery Plate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |