| Product Code: ETC7905918 | 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 continued to rely on neighboring countries like Lithuania and Netherlands, as well as major European players such as the UK, Germany, and Belgium for its battery raw materials imports. Despite a moderate compound annual growth rate (CAGR) of 1.99% from 2020 to 2024, the market experienced a sharp decline in growth rate of -14.28% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the battery raw materials sector 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 Raw Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Battery Raw Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Battery Raw Materials Market - Industry Life Cycle |
3.4 Latvia Battery Raw Materials Market - Porter's Five Forces |
3.5 Latvia Battery Raw Materials Market Revenues & Volume Share, By Battery Typ, 2021 & 2031F |
3.6 Latvia Battery Raw Materials Market Revenues & Volume Share, By Cathode, 2021 & 2031F |
3.7 Latvia Battery Raw Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Battery Raw Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles globally |
4.2.2 Growing emphasis on renewable energy sources |
4.2.3 Technological advancements in battery manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as lithium, cobalt, and nickel |
4.3.2 Environmental concerns related to mining and processing of battery raw materials |
5 Latvia Battery Raw Materials Market Trends |
6 Latvia Battery Raw Materials Market, By Types |
6.1 Latvia Battery Raw Materials Market, By Battery Typ |
6.1.1 Overview and Analysis |
6.1.2 Latvia Battery Raw Materials Market Revenues & Volume, By Battery Typ, 2021- 2031F |
6.1.3 Latvia Battery Raw Materials Market Revenues & Volume, By Lead-Acid, 2021- 2031F |
6.1.4 Latvia Battery Raw Materials Market Revenues & Volume, By Lithium-Ion, 2021- 2031F |
6.1.5 Latvia Battery Raw Materials Market Revenues & Volume, By Other Battery Types, 2021- 2031F |
6.1.6 Latvia Battery Raw Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.2 Latvia Battery Raw Materials Market, By Cathode |
6.2.1 Overview and Analysis |
6.2.2 Latvia Battery Raw Materials Market Revenues & Volume, By Anode, 2021- 2031F |
6.2.3 Latvia Battery Raw Materials Market Revenues & Volume, By Electrolyte, 2021- 2031F |
6.2.4 Latvia Battery Raw Materials Market Revenues & Volume, By Separator, 2021- 2031F |
6.3 Latvia Battery Raw Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Battery Raw Materials Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.3 Latvia Battery Raw Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Latvia Battery Raw Materials Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Latvia Battery Raw Materials Market Revenues & Volume, By Telecommunication, 2021- 2031F |
6.3.6 Latvia Battery Raw Materials Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Latvia Battery Raw Materials Market Import-Export Trade Statistics |
7.1 Latvia Battery Raw Materials Market Export to Major Countries |
7.2 Latvia Battery Raw Materials Market Imports from Major Countries |
8 Latvia Battery Raw Materials Market Key Performance Indicators |
8.1 Recycling rate of battery raw materials |
8.2 Investment in research and development for sustainable sourcing |
8.3 Adoption of eco-friendly mining practices |
8.4 Innovation in battery chemistry and material design |
8.5 Regulatory compliance with environmental standards |
9 Latvia Battery Raw Materials Market - Opportunity Assessment |
9.1 Latvia Battery Raw Materials Market Opportunity Assessment, By Battery Typ, 2021 & 2031F |
9.2 Latvia Battery Raw Materials Market Opportunity Assessment, By Cathode, 2021 & 2031F |
9.3 Latvia Battery Raw Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Battery Raw Materials Market - Competitive Landscape |
10.1 Latvia Battery Raw Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Battery Raw Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |