| Product Code: ETC7908156 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see strong import shipments of compact dishwashers, with top exporting countries being Poland, Lithuania, Sweden, Italy, and Germany. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), indicating a competitive market, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 1.76%. However, there was a slight decline in growth rate from 2023 to 2024, with a -8.56% decrease, signaling a potential shift in market dynamics that importers and stakeholders should monitor closely.

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 Compact Dishwasher Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Compact Dishwasher Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Compact Dishwasher Market - Industry Life Cycle |
3.4 Latvia Compact Dishwasher Market - Porter's Five Forces |
3.5 Latvia Compact Dishwasher Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Compact Dishwasher Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Compact Dishwasher Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Compact Dishwasher Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and smaller living spaces leading to higher demand for compact appliances. |
4.2.2 Growing awareness about water and energy efficiency driving the adoption of compact dishwashers. |
4.2.3 Rising disposable income levels in Latvia increasing purchasing power for household appliances. |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of the benefits of compact dishwashers among consumers. |
4.3.2 High initial cost of compact dishwashers compared to traditional dishwashers. |
4.3.3 Lack of availability and variety of compact dishwasher models in the market. |
5 Latvia Compact Dishwasher Market Trends |
6 Latvia Compact Dishwasher Market, By Types |
6.1 Latvia Compact Dishwasher Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Compact Dishwasher Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Compact Dishwasher Market Revenues & Volume, By Freestanding Dishwasher, 2021- 2031F |
6.1.4 Latvia Compact Dishwasher Market Revenues & Volume, By Built-in Dishwasher, 2021- 2031F |
6.2 Latvia Compact Dishwasher Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Compact Dishwasher Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Latvia Compact Dishwasher Market Revenues & Volume, By Residential, 2021- 2031F |
6.3 Latvia Compact Dishwasher Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Compact Dishwasher Market Revenues & Volume, By Multi brands store, 2021- 2031F |
6.3.3 Latvia Compact Dishwasher Market Revenues & Volume, By Exclusive Store, 2021- 2031F |
6.3.4 Latvia Compact Dishwasher Market Revenues & Volume, By Online, 2021- 2031F |
6.3.5 Latvia Compact Dishwasher Market Revenues & Volume, By Other Distribution Channel, 2021- 2031F |
7 Latvia Compact Dishwasher Market Import-Export Trade Statistics |
7.1 Latvia Compact Dishwasher Market Export to Major Countries |
7.2 Latvia Compact Dishwasher Market Imports from Major Countries |
8 Latvia Compact Dishwasher Market Key Performance Indicators |
8.1 Average annual growth rate of compact dishwasher sales in Latvia. |
8.2 Percentage increase in the number of households opting for compact dishwashers. |
8.3 Average energy and water consumption per cycle of compact dishwashers in the market. |
9 Latvia Compact Dishwasher Market - Opportunity Assessment |
9.1 Latvia Compact Dishwasher Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Compact Dishwasher Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Compact Dishwasher Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Compact Dishwasher Market - Competitive Landscape |
10.1 Latvia Compact Dishwasher Market Revenue Share, By Companies, 2024 |
10.2 Latvia Compact Dishwasher 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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