| Product Code: ETC5369796 | 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 computer peripherals imports with top suppliers including Czechia, Lithuania, Thailand, Poland, and Netherlands. The market remained highly competitive with a low concentration level measured by the Herfindahl-Hirschman Index (HHI). However, the industry experienced a decline with a negative Compound Annual Growth Rate (CAGR) of -6.61% from 2020 to 2024, as well as a negative growth rate of -5.93% from 2023 to 2024. This indicates a challenging environment for computer peripherals importers in Latvia, emphasizing the need for strategic adjustments and market adaptation.

Latvia's Computer Peripherals market is anticipated to experience a stable growth rate of 4.22% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Computer Peripherals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Computer Peripherals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Computer Peripherals Market - Industry Life Cycle |
3.4 Latvia Computer Peripherals Market - Porter's Five Forces |
3.5 Latvia Computer Peripherals Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.6 Latvia Computer Peripherals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Computer Peripherals Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Latvia Computer Peripherals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced and high-performance computer peripherals in Latvia |
4.2.2 Growth in the gaming industry leading to higher demand for specialized peripherals |
4.2.3 Technological advancements and innovations in computer peripherals market |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in Latvia affecting consumer purchasing power |
4.3.2 Competition from alternative technologies like wireless peripherals impacting traditional market |
4.3.3 Regulatory challenges and compliance requirements for import/export of computer peripherals |
5 Latvia Computer Peripherals Market Trends |
6 Latvia Computer Peripherals Market Segmentations |
6.1 Latvia Computer Peripherals Market, By Connectivity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Computer Peripherals Market Revenues & Volume, By Wired devices, 2021-2031F |
6.1.3 Latvia Computer Peripherals Market Revenues & Volume, By Wireless devices, 2021-2031F |
6.2 Latvia Computer Peripherals Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Computer Peripherals Market Revenues & Volume, By Input Devices, 2021-2031F |
6.2.3 Latvia Computer Peripherals Market Revenues & Volume, By Keyboard, 2021-2031F |
6.2.4 Latvia Computer Peripherals Market Revenues & Volume, By Image Scanner, 2021-2031F |
6.2.5 Latvia Computer Peripherals Market Revenues & Volume, By Pointing Devices, 2021-2031F |
6.2.6 Latvia Computer Peripherals Market Revenues & Volume, By Webcam, 2021-2031F |
6.2.7 Latvia Computer Peripherals Market Revenues & Volume, By Output Devices, 2021-2031F |
6.2.8 Latvia Computer Peripherals Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Latvia Computer Peripherals Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Computer Peripherals Market, By End-use Sector |
6.3.1 Overview and Analysis |
6.3.2 Latvia Computer Peripherals Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Computer Peripherals Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Computer Peripherals Market Import-Export Trade Statistics |
7.1 Latvia Computer Peripherals Market Export to Major Countries |
7.2 Latvia Computer Peripherals Market Imports from Major Countries |
8 Latvia Computer Peripherals Market Key Performance Indicators |
8.1 Adoption rate of new technologies in computer peripherals market in Latvia |
8.2 Average selling price (ASP) of computer peripherals indicating market trends and consumer preferences |
8.3 Number of partnerships and collaborations between manufacturers and distributors in the market |
9 Latvia Computer Peripherals Market - Opportunity Assessment |
9.1 Latvia Computer Peripherals Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.2 Latvia Computer Peripherals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Computer Peripherals Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Latvia Computer Peripherals Market - Competitive Landscape |
10.1 Latvia Computer Peripherals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Computer Peripherals 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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