| Product Code: ETC7908823 | 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 |
Latvia`s cruise missile import shipments in 2024 continued to show a high level of concentration, with top exporters being Germany, Belgium, Lithuania, Czechia, and Estonia. The market saw a strong compound annual growth rate (CAGR) of 35.43% from 2020 to 2024, with a notable growth rate of 35.52% in 2024 alone. This indicates a significant increase in demand for cruise missiles in Latvia, likely driven by strategic defense needs and geopolitical factors. The consistent growth and concentration of imports suggest a thriving market for cruise missiles in the country.

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 Cruise Missile Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cruise Missile Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cruise Missile Market - Industry Life Cycle |
3.4 Latvia Cruise Missile Market - Porter's Five Forces |
3.5 Latvia Cruise Missile Market Revenues & Volume Share, By Launch Platform, 2021 & 2031F |
3.6 Latvia Cruise Missile Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Latvia Cruise Missile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense spending by Latvia government |
4.2.2 Geopolitical tensions in the region |
4.2.3 Technological advancements leading to development of more sophisticated cruise missiles |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports |
4.3.2 Limited budget allocation for defense procurement |
5 Latvia Cruise Missile Market Trends |
6 Latvia Cruise Missile Market, By Types |
6.1 Latvia Cruise Missile Market, By Launch Platform |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cruise Missile Market Revenues & Volume, By Launch Platform, 2021- 2031F |
6.1.3 Latvia Cruise Missile Market Revenues & Volume, By Air, 2021- 2031F |
6.1.4 Latvia Cruise Missile Market Revenues & Volume, By Sea, 2021- 2031F |
6.1.5 Latvia Cruise Missile Market Revenues & Volume, By Land, 2021- 2031F |
6.2 Latvia Cruise Missile Market, By Range |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cruise Missile Market Revenues & Volume, By Short-Range Missiles, 2021- 2031F |
6.2.3 Latvia Cruise Missile Market Revenues & Volume, By Medium-Range Missiles, 2021- 2031F |
6.2.4 Latvia Cruise Missile Market Revenues & Volume, By Long-Range Missiles, 2021- 2031F |
7 Latvia Cruise Missile Market Import-Export Trade Statistics |
7.1 Latvia Cruise Missile Market Export to Major Countries |
7.2 Latvia Cruise Missile Market Imports from Major Countries |
8 Latvia Cruise Missile Market Key Performance Indicators |
8.1 Research and development investment in cruise missile technology |
8.2 Number of successful missile tests conducted |
8.3 Level of foreign investment in Latvia's defense industry |
9 Latvia Cruise Missile Market - Opportunity Assessment |
9.1 Latvia Cruise Missile Market Opportunity Assessment, By Launch Platform, 2021 & 2031F |
9.2 Latvia Cruise Missile Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Latvia Cruise Missile Market - Competitive Landscape |
10.1 Latvia Cruise Missile Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cruise Missile Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |