| Product Code: ETC5650141 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a diverse range of circuit materials imports coming primarily from Italy, Germany, Hungary, Poland, and Estonia. With a low Herfindahl-Hirschman Index (HHI) indicating a fragmented market, the industry experienced a slight decline with a Compound Annual Growth Rate (CAGR) of -1.1% from 2020 to 2024. However, there was a positive growth rate of 0.77% from 2023 to 2024, suggesting a potential turnaround in the market dynamics. The presence of multiple exporting countries highlights the competitive landscape and opportunities for Latvia`s circuit materials sector.

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 Circuit Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Circuit Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Circuit Materials Market - Industry Life Cycle |
3.4 Latvia Circuit Materials Market - Porter's Five Forces |
3.5 Latvia Circuit Materials Market Revenues & Volume Share, By Material Class, 2021 & 2031F |
3.6 Latvia Circuit Materials Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.7 Latvia Circuit Materials Market Revenues & Volume Share, By Conducting Material, 2021 & 2031F |
3.8 Latvia Circuit Materials Market Revenues & Volume Share, By Outer Layer, 2021 & 2031F |
3.9 Latvia Circuit Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Circuit Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices in various industries |
4.2.2 Technological advancements in circuit materials leading to higher performance and efficiency |
4.2.3 Growing focus on renewable energy sources driving the demand for circuit materials in solar panels |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost of circuit materials |
4.3.2 Intense competition among circuit material manufacturers leading to pricing pressures |
4.3.3 Regulatory challenges and compliance requirements affecting the market dynamics |
5 Latvia Circuit Materials Market Trends |
6 Latvia Circuit Materials Market Segmentations |
6.1 Latvia Circuit Materials Market, By Material Class |
6.1.1 Overview and Analysis |
6.1.2 Latvia Circuit Materials Market Revenues & Volume, By Substrate, 2021-2031F |
6.1.3 Latvia Circuit Materials Market Revenues & Volume, By Conducting Material, 2021-2031F |
6.1.4 Latvia Circuit Materials Market Revenues & Volume, By Outer Layer, 2021-2031F |
6.2 Latvia Circuit Materials Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 Latvia Circuit Materials Market Revenues & Volume, By Fiberglass-Epoxy, 2021-2031F |
6.2.3 Latvia Circuit Materials Market Revenues & Volume, By Paper-Phenolic, 2021-2031F |
6.2.4 Latvia Circuit Materials Market Revenues & Volume, By CEM, 2021-2031F |
6.2.5 Latvia Circuit Materials Market Revenues & Volume, By Polyimide, 2021-2031F |
6.2.6 Latvia Circuit Materials Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Circuit Materials Market, By Conducting Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Circuit Materials Market Revenues & Volume, By Copper, 2021-2031F |
6.4 Latvia Circuit Materials Market, By Outer Layer |
6.4.1 Overview and Analysis |
6.4.2 Latvia Circuit Materials Market Revenues & Volume, By Liquid Ink Photoimageable Solder Mask, 2021-2031F |
6.4.3 Latvia Circuit Materials Market Revenues & Volume, By Dry Film Photoimageable, 2021-2031F |
6.4.4 Latvia Circuit Materials Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Circuit Materials Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Circuit Materials Market Revenues & Volume, By Communications, 2021-2031F |
6.5.3 Latvia Circuit Materials Market Revenues & Volume, By Industrial Electronics, 2021-2031F |
6.5.4 Latvia Circuit Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.5 Latvia Circuit Materials Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.5.6 Latvia Circuit Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Circuit Materials Market Import-Export Trade Statistics |
7.1 Latvia Circuit Materials Market Export to Major Countries |
7.2 Latvia Circuit Materials Market Imports from Major Countries |
8 Latvia Circuit Materials Market Key Performance Indicators |
8.1 Research and development investment in innovative circuit material technologies |
8.2 Adoption rate of advanced circuit materials in key industries |
8.3 Number of patents filed for circuit material innovations |
8.4 Environmental sustainability practices in circuit material production |
8.5 Supplier relationships and supply chain efficiency for circuit material manufacturers |
9 Latvia Circuit Materials Market - Opportunity Assessment |
9.1 Latvia Circuit Materials Market Opportunity Assessment, By Material Class, 2021 & 2031F |
9.2 Latvia Circuit Materials Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.3 Latvia Circuit Materials Market Opportunity Assessment, By Conducting Material, 2021 & 2031F |
9.4 Latvia Circuit Materials Market Opportunity Assessment, By Outer Layer, 2021 & 2031F |
9.5 Latvia Circuit Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Circuit Materials Market - Competitive Landscape |
10.1 Latvia Circuit Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Circuit Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |