| Product Code: ETC10526389 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The consumer electronics batteries import market in Latvia saw a significant shift in 2024, with top exporting countries being Estonia, Germany, China, Lithuania, and Poland. The market concentration, as measured by the HHI, increased from moderate to high in just one year. The sector experienced a notable decline in both CAGR (-5.22%) and growth rate (-24.68%) from 2023 to 2024, signaling a challenging period for the industry. The changing dynamics in import sources and market concentration highlight the need for strategic adaptation and resilience in the Latvian consumer electronics batteries 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 Consumer Electronics Batteries Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Consumer Electronics Batteries Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Consumer Electronics Batteries Market - Industry Life Cycle |
3.4 Latvia Consumer Electronics Batteries Market - Porter's Five Forces |
3.5 Latvia Consumer Electronics Batteries Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Latvia Consumer Electronics Batteries Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Consumer Electronics Batteries Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Consumer Electronics Batteries Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Consumer Electronics Batteries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of consumer electronics devices in Latvia |
4.2.2 Growing demand for rechargeable batteries in electronic devices |
4.2.3 Technological advancements leading to more efficient batteries production |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials used in battery production |
4.3.2 Competition from alternative power sources like solar energy for charging devices |
5 Latvia Consumer Electronics Batteries Market Trends |
6 Latvia Consumer Electronics Batteries Market, By Types |
6.1 Latvia Consumer Electronics Batteries Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Battery Type, 2021 - 2031F |
6.1.3 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Lithium-ion (Li-ion), 2021 - 2031F |
6.1.4 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Nickel-metal hydride (NiMH), 2021 - 2031F |
6.1.5 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Lead-acid, 2021 - 2031F |
6.1.6 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Solid-state, 2021 - 2031F |
6.1.7 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Consumer Electronics Batteries Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Smartphones, 2021 - 2031F |
6.2.3 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Laptops, 2021 - 2031F |
6.2.4 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Wearable Devices, 2021 - 2031F |
6.2.5 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.2.6 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Gaming Consoles, 2021 - 2031F |
6.3 Latvia Consumer Electronics Batteries Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.4 Latvia Consumer Electronics Batteries Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Individual Consumers, 2021 - 2031F |
6.4.3 Latvia Consumer Electronics Batteries Market Revenues & Volume, By Businesses, 2021 - 2031F |
7 Latvia Consumer Electronics Batteries Market Import-Export Trade Statistics |
7.1 Latvia Consumer Electronics Batteries Market Export to Major Countries |
7.2 Latvia Consumer Electronics Batteries Market Imports from Major Countries |
8 Latvia Consumer Electronics Batteries Market Key Performance Indicators |
8.1 Average battery life of consumer electronics in Latvia |
8.2 Percentage of electronic devices in the market that are rechargeable |
8.3 Adoption rate of new battery technologies in consumer electronics |
9 Latvia Consumer Electronics Batteries Market - Opportunity Assessment |
9.1 Latvia Consumer Electronics Batteries Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Latvia Consumer Electronics Batteries Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Consumer Electronics Batteries Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Consumer Electronics Batteries Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Consumer Electronics Batteries Market - Competitive Landscape |
10.1 Latvia Consumer Electronics Batteries Market Revenue Share, By Companies, 2024 |
10.2 Latvia Consumer Electronics Batteries 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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