| Product Code: ETC7909133 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a diverse range of countries exporting data loggers to its market, with Germany, Poland, China, Lithuania, and Finland leading the pack. Despite the variety of sources, the market remained moderately concentrated with a low Herfindahl-Hirschman Index (HHI). The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 reflects a challenging period for the industry, compounded by a significant decline in growth rate from 2023 to 2024. This indicates a need for market players to adapt to changing conditions and explore strategies for sustainable growth in the Latvian data logger import market.

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 Data Logger Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Data Logger Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Data Logger Market - Industry Life Cycle |
3.4 Latvia Data Logger Market - Porter's Five Forces |
3.5 Latvia Data Logger Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.6 Latvia Data Logger Market Revenues & Volume Share, By Channel, 2021 & 2031F |
3.7 Latvia Data Logger Market Revenues & Volume Share, By Measurement, 2021 & 2031F |
3.8 Latvia Data Logger Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Data Logger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Data Logger Market Trends |
6 Latvia Data Logger Market, By Types |
6.1 Latvia Data Logger Market, By Deployment |
6.1.1 Overview and Analysis |
6.1.2 Latvia Data Logger Market Revenues & Volume, By Deployment, 2021- 2031F |
6.1.3 Latvia Data Logger Market Revenues & Volume, By USB Data Logger, 2021- 2031F |
6.1.4 Latvia Data Logger Market Revenues & Volume, By Bluetooth Enabled Logger, 2021- 2031F |
6.1.5 Latvia Data Logger Market Revenues & Volume, By Web-based Systems, 2021- 2031F |
6.1.6 Latvia Data Logger Market Revenues & Volume, By Wireless Data Logger, 2021- 2031F |
6.1.7 Latvia Data Logger Market Revenues & Volume, By Radiofrequency Data Logger, 2021- 2031F |
6.1.8 Latvia Data Logger Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Data Logger Market, By Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Data Logger Market Revenues & Volume, By Single Channel, 2021- 2031F |
6.2.3 Latvia Data Logger Market Revenues & Volume, By Multi-Channel, 2021- 2031F |
6.3 Latvia Data Logger Market, By Measurement |
6.3.1 Overview and Analysis |
6.3.2 Latvia Data Logger Market Revenues & Volume, By Temperature, 2021- 2031F |
6.3.3 Latvia Data Logger Market Revenues & Volume, By Pressure, 2021- 2031F |
6.3.4 Latvia Data Logger Market Revenues & Volume, By Humidity, 2021- 2031F |
6.3.5 Latvia Data Logger Market Revenues & Volume, By Power, 2021- 2031F |
6.4 Latvia Data Logger Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Latvia Data Logger Market Revenues & Volume, By Pharmaceutical & Biopharmaceutical Companies, 2021- 2031F |
6.4.3 Latvia Data Logger Market Revenues & Volume, By Medical Device Companies, 2021- 2031F |
6.4.4 Latvia Data Logger Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.4.5 Latvia Data Logger Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.6 Latvia Data Logger Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Data Logger Market Import-Export Trade Statistics |
7.1 Latvia Data Logger Market Export to Major Countries |
7.2 Latvia Data Logger Market Imports from Major Countries |
8 Latvia Data Logger Market Key Performance Indicators |
9 Latvia Data Logger Market - Opportunity Assessment |
9.1 Latvia Data Logger Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.2 Latvia Data Logger Market Opportunity Assessment, By Channel, 2021 & 2031F |
9.3 Latvia Data Logger Market Opportunity Assessment, By Measurement, 2021 & 2031F |
9.4 Latvia Data Logger Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Data Logger Market - Competitive Landscape |
10.1 Latvia Data Logger Market Revenue Share, By Companies, 2024 |
10.2 Latvia Data Logger 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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