| Product Code: ETC11526517 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s imports of communication integrated circuits in 2024 were primarily sourced from Taiwan, Netherlands, Hong Kong, and Germany. The Herfindahl-Hirschman Index (HHI) revealed a shift from moderate to low concentration, indicating a more diversified import market. Despite a negative Compound Annual Growth Rate (CAGR) of -0.75% from 2020 to 2024, the significant decline in growth rate from 2023 to 2024 at -40.89% suggests a recent downturn in demand or supply dynamics. Monitoring these trends closely will be crucial for stakeholders navigating the communication integrated circuits market 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 Communication Integrated Circuits Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Communication Integrated Circuits Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Communication Integrated Circuits Market - Industry Life Cycle |
3.4 Latvia Communication Integrated Circuits Market - Porter's Five Forces |
3.5 Latvia Communication Integrated Circuits Market Revenues & Volume Share, By IC Type, 2021 & 2031F |
3.6 Latvia Communication Integrated Circuits Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Communication Integrated Circuits Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.8 Latvia Communication Integrated Circuits Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Communication Integrated Circuits Market Revenues & Volume Share, By Frequency Band, 2021 & 2031F |
4 Latvia Communication Integrated Circuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced communication technologies in Latvia |
4.2.2 Growing adoption of Internet of Things (IoT) devices in various industries |
4.2.3 Government initiatives to improve communication infrastructure in the country |
4.3 Market Restraints |
4.3.1 High initial investment required for developing and implementing integrated circuits |
4.3.2 Technological advancements leading to shorter product life cycles and rapid obsolescence |
5 Latvia Communication Integrated Circuits Market Trends |
6 Latvia Communication Integrated Circuits Market, By Types |
6.1 Latvia Communication Integrated Circuits Market, By IC Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Communication Integrated Circuits Market Revenues & Volume, By IC Type, 2021 - 2031F |
6.1.3 Latvia Communication Integrated Circuits Market Revenues & Volume, By RF ICs, 2021 - 2031F |
6.1.4 Latvia Communication Integrated Circuits Market Revenues & Volume, By Mixed-Signal ICs, 2021 - 2031F |
6.1.5 Latvia Communication Integrated Circuits Market Revenues & Volume, By Power Amplifiers, 2021 - 2031F |
6.1.6 Latvia Communication Integrated Circuits Market Revenues & Volume, By Transceivers, 2021 - 2031F |
6.2 Latvia Communication Integrated Circuits Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Communication Integrated Circuits Market Revenues & Volume, By Wireless Networks, 2021 - 2031F |
6.2.3 Latvia Communication Integrated Circuits Market Revenues & Volume, By IoT Devices, 2021 - 2031F |
6.2.4 Latvia Communication Integrated Circuits Market Revenues & Volume, By Radar Systems, 2021 - 2031F |
6.2.5 Latvia Communication Integrated Circuits Market Revenues & Volume, By Mobile Devices, 2021 - 2031F |
6.3 Latvia Communication Integrated Circuits Market, By Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Communication Integrated Circuits Market Revenues & Volume, By Telecom, 2021 - 2031F |
6.3.3 Latvia Communication Integrated Circuits Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.4 Latvia Communication Integrated Circuits Market Revenues & Volume, By Defense, 2021 - 2031F |
6.3.5 Latvia Communication Integrated Circuits Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4 Latvia Communication Integrated Circuits Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Communication Integrated Circuits Market Revenues & Volume, By CMOS, 2021 - 2031F |
6.4.3 Latvia Communication Integrated Circuits Market Revenues & Volume, By GaAs, 2021 - 2031F |
6.4.4 Latvia Communication Integrated Circuits Market Revenues & Volume, By SiGe, 2021 - 2031F |
6.4.5 Latvia Communication Integrated Circuits Market Revenues & Volume, By AI-Based, 2021 - 2031F |
6.5 Latvia Communication Integrated Circuits Market, By Frequency Band |
6.5.1 Overview and Analysis |
6.5.2 Latvia Communication Integrated Circuits Market Revenues & Volume, By 3 GHz, 2021 - 2031F |
6.5.3 Latvia Communication Integrated Circuits Market Revenues & Volume, By 6 GHz, 2021 - 2031F |
6.5.4 Latvia Communication Integrated Circuits Market Revenues & Volume, By 10 GHz, 2021 - 2031F |
6.5.5 Latvia Communication Integrated Circuits Market Revenues & Volume, By 30 GHz, 2021 - 2031F |
7 Latvia Communication Integrated Circuits Market Import-Export Trade Statistics |
7.1 Latvia Communication Integrated Circuits Market Export to Major Countries |
7.2 Latvia Communication Integrated Circuits Market Imports from Major Countries |
8 Latvia Communication Integrated Circuits Market Key Performance Indicators |
8.1 Average selling price (ASP) of communication integrated circuits |
8.2 Number of patents filed for communication integrated circuit technologies in Latvia |
8.3 Percentage of companies investing in research and development for communication integrated circuits |
9 Latvia Communication Integrated Circuits Market - Opportunity Assessment |
9.1 Latvia Communication Integrated Circuits Market Opportunity Assessment, By IC Type, 2021 & 2031F |
9.2 Latvia Communication Integrated Circuits Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Communication Integrated Circuits Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.4 Latvia Communication Integrated Circuits Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Communication Integrated Circuits Market Opportunity Assessment, By Frequency Band, 2021 & 2031F |
10 Latvia Communication Integrated Circuits Market - Competitive Landscape |
10.1 Latvia Communication Integrated Circuits Market Revenue Share, By Companies, 2024 |
10.2 Latvia Communication Integrated Circuits 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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