| Product Code: ETC5248500 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw a significant increase in bicycle tire imports, with top exporting countries being China, Poland, South Korea, Italy, and Finland. The market concentration, as measured by the HHI, rose from high to very high in just one year, indicating a growing dominance of these key players. With a strong Compound Annual Growth Rate (CAGR) of 9.23% from 2020 to 2024 and a remarkable growth rate of 10.02% in 2024 alone, the bicycle tire import market in Latvia is experiencing rapid expansion and intensifying competition among top exporting nations.
Latvia's Bicycle Tires market is anticipated to experience a stable growth rate of 0.55% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

| 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 Bicycle Tires Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Bicycle Tires Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Bicycle Tires Market - Industry Life Cycle | 
| 3.4 Latvia Bicycle Tires Market - Porter's Five Forces | 
| 3.5 Latvia Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F | 
| 3.6 Latvia Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.7 Latvia Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F | 
| 3.8 Latvia Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F | 
| 4 Latvia Bicycle Tires Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing awareness about the benefits of cycling for health and environment | 
| 4.2.2 Growing popularity of cycling as a recreational activity in Latvia | 
| 4.2.3 Government initiatives promoting sustainable and eco-friendly transportation options | 
| 4.3 Market Restraints | 
| 4.3.1 Seasonal variations impacting demand for bicycle tires in Latvia | 
| 4.3.2 Competition from other modes of transportation such as cars and public transport | 
| 4.3.3 Price fluctuations in raw materials affecting manufacturing costs | 
| 5 Latvia Bicycle Tires Market Trends | 
| 6 Latvia Bicycle Tires Market Segmentations | 
| 6.1 Latvia Bicycle Tires Market, By Bicycle Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F | 
| 6.1.3 Latvia Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F | 
| 6.1.4 Latvia Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F | 
| 6.1.5 Latvia Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F | 
| 6.1.6 Latvia Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F | 
| 6.1.7 Latvia Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F | 
| 6.2 Latvia Bicycle Tires Market, By Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F | 
| 6.2.3 Latvia Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F | 
| 6.2.4 Latvia Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F | 
| 6.3 Latvia Bicycle Tires Market, By Tire Size | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F | 
| 6.3.3 Latvia Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F | 
| 6.3.4 Latvia Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F | 
| 6.4 Latvia Bicycle Tires Market, By Sales Channel | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F | 
| 6.4.3 Latvia Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F | 
| 7 Latvia Bicycle Tires Market Import-Export Trade Statistics | 
| 7.1 Latvia Bicycle Tires Market Export to Major Countries | 
| 7.2 Latvia Bicycle Tires Market Imports from Major Countries | 
| 8 Latvia Bicycle Tires Market Key Performance Indicators | 
| 8.1 Number of cycling events and initiatives promoting cycling in Latvia | 
| 8.2 Percentage of urban population using bicycles for commuting or recreational purposes | 
| 8.3 Average lifespan of bicycle tires in Latvia | 
| 9 Latvia Bicycle Tires Market - Opportunity Assessment | 
| 9.1 Latvia Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F | 
| 9.2 Latvia Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.3 Latvia Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F | 
| 9.4 Latvia Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F | 
| 10 Latvia Bicycle Tires Market - Competitive Landscape | 
| 10.1 Latvia Bicycle Tires Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Bicycle Tires Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |