| Product Code: ETC11800501 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to see a significant influx of carbon graphite imports, with top exporting countries including Germany, Denmark, Czechia, Switzerland, and Italy. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 26.95%. However, there was a slight decline in growth rate from 2023 to 2024 at -4.27%, suggesting potential shifts in the market dynamics. It will be interesting to monitor how these trends evolve 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 Carbon Graphite Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carbon Graphite Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carbon Graphite Market - Industry Life Cycle |
3.4 Latvia Carbon Graphite Market - Porter's Five Forces |
3.5 Latvia Carbon Graphite Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Carbon Graphite Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Carbon Graphite Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Carbon Graphite Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Carbon Graphite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Carbon Graphite Market Trends |
6 Latvia Carbon Graphite Market, By Types |
6.1 Latvia Carbon Graphite Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carbon Graphite Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Carbon Graphite Market Revenues & Volume, By Synthetic Graphite, 2021 - 2031F |
6.1.4 Latvia Carbon Graphite Market Revenues & Volume, By Natural Graphite, 2021 - 2031F |
6.1.5 Latvia Carbon Graphite Market Revenues & Volume, By Graphite Electrodes, 2021 - 2031F |
6.1.6 Latvia Carbon Graphite Market Revenues & Volume, By Expandable Graphite, 2021 - 2031F |
6.2 Latvia Carbon Graphite Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carbon Graphite Market Revenues & Volume, By Chemical Vapor Deposition, 2021 - 2031F |
6.2.3 Latvia Carbon Graphite Market Revenues & Volume, By Mechanical Milling, 2021 - 2031F |
6.2.4 Latvia Carbon Graphite Market Revenues & Volume, By High-Temperature Processing, 2021 - 2031F |
6.2.5 Latvia Carbon Graphite Market Revenues & Volume, By Thermal Expansion Process, 2021 - 2031F |
6.3 Latvia Carbon Graphite Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Carbon Graphite Market Revenues & Volume, By Lithium-ion Battery Manufacturers, 2021 - 2031F |
6.3.3 Latvia Carbon Graphite Market Revenues & Volume, By Steel Manufacturers, 2021 - 2031F |
6.3.4 Latvia Carbon Graphite Market Revenues & Volume, By Foundries and Metal Producers, 2021 - 2031F |
6.3.5 Latvia Carbon Graphite Market Revenues & Volume, By Fire Safety Equipment Manufacturers, 2021 - 2031F |
6.4 Latvia Carbon Graphite Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Carbon Graphite Market Revenues & Volume, By Energy Storage Solutions, 2021 - 2031F |
6.4.3 Latvia Carbon Graphite Market Revenues & Volume, By Refractory Materials, 2021 - 2031F |
6.4.4 Latvia Carbon Graphite Market Revenues & Volume, By Electric Arc Furnaces, 2021 - 2031F |
6.4.5 Latvia Carbon Graphite Market Revenues & Volume, By Flame Retardant Applications, 2021 - 2031F |
7 Latvia Carbon Graphite Market Import-Export Trade Statistics |
7.1 Latvia Carbon Graphite Market Export to Major Countries |
7.2 Latvia Carbon Graphite Market Imports from Major Countries |
8 Latvia Carbon Graphite Market Key Performance Indicators |
9 Latvia Carbon Graphite Market - Opportunity Assessment |
9.1 Latvia Carbon Graphite Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Carbon Graphite Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Carbon Graphite Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Carbon Graphite Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Carbon Graphite Market - Competitive Landscape |
10.1 Latvia Carbon Graphite Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carbon Graphite 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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