| Product Code: ETC5170163 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a significant influx of calculator imports from top countries including China, Poland, Spain, Lithuania, and Estonia. Despite the high concentration levels indicated by the HHI, the industry maintained a strong Compound Annual Growth Rate (CAGR) of 17.92% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024, with a decrease of -13.85%. This data suggests a dynamic market landscape for calculator imports in Latvia, with potential for further developments and shifts in the coming years.

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 Calculators Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Calculators Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Calculators Market - Industry Life Cycle |
3.4 Latvia Calculators Market - Porter's Five Forces |
3.5 Latvia Calculators Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Calculators Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Calculators Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Calculators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital learning methods in educational institutions |
4.2.2 Growing demand for advanced calculators with scientific and graphing capabilities |
4.2.3 Technological advancements leading to the development of more efficient and user-friendly calculators |
4.3 Market Restraints |
4.3.1 Competition from mobile and online calculator applications |
4.3.2 Economic instability affecting consumer purchasing power |
4.3.3 Limited awareness about the benefits of using advanced calculators in various industries |
5 Latvia Calculators Market Trends |
6 Latvia Calculators Market Segmentations |
6.1 Latvia Calculators Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Calculators Market Revenues & Volume, By Basic, 2021-2031F |
6.1.3 Latvia Calculators Market Revenues & Volume, By Financial, 2021-2031F |
6.1.4 Latvia Calculators Market Revenues & Volume, By Graphing, 2021-2031F |
6.1.5 Latvia Calculators Market Revenues & Volume, By Printing, 2021-2031F |
6.1.6 Latvia Calculators Market Revenues & Volume, By Scientific, 2021-2031F |
6.1.7 Latvia Calculators Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Calculators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Calculators Market Revenues & Volume, By Individual, 2021-2031F |
6.2.3 Latvia Calculators Market Revenues & Volume, By Schools, 2021-2031F |
6.2.4 Latvia Calculators Market Revenues & Volume, By Colleges, 2021-2031F |
6.2.5 Latvia Calculators Market Revenues & Volume, By Business, 2021-2031F |
6.2.6 Latvia Calculators Market Revenues & Volume, By Corporate, 2021-2031F |
6.2.7 Latvia Calculators Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Calculators Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Calculators Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3.3 Latvia Calculators Market Revenues & Volume, By Stationery, 2021-2031F |
6.3.4 Latvia Calculators Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Latvia Calculators Market Revenues & Volume, By Online Retail, 2021-2031F |
6.3.6 Latvia Calculators Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Calculators Market Import-Export Trade Statistics |
7.1 Latvia Calculators Market Export to Major Countries |
7.2 Latvia Calculators Market Imports from Major Countries |
8 Latvia Calculators Market Key Performance Indicators |
8.1 Average time spent on calculator usage per user |
8.2 Number of educational institutions incorporating calculators in their curriculum |
8.3 Percentage of professionals using advanced calculators in their daily work tasks |
9 Latvia Calculators Market - Opportunity Assessment |
9.1 Latvia Calculators Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Calculators Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Calculators Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Calculators Market - Competitive Landscape |
10.1 Latvia Calculators Market Revenue Share, By Companies, 2024 |
10.2 Latvia Calculators 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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