| Product Code: ETC11961013 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to see a strong demand for deck boats, with top import sources being Czechia, Germany, Romania, Estonia, and Belgium. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 19.97%, showcasing a robust expansion in the market. Although the growth rate slightly slowed in 2024 compared to the previous year, the overall trend indicates a positive trajectory for deck boat imports into Latvia.

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 Deck Boat Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Deck Boat Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Deck Boat Market - Industry Life Cycle |
3.4 Latvia Deck Boat Market - Porter's Five Forces |
3.5 Latvia Deck Boat Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Deck Boat Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Latvia Deck Boat Market Revenues & Volume Share, By Length, 2021 & 2031F |
3.8 Latvia Deck Boat Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Latvia Deck Boat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Deck Boat Market Trends |
6 Latvia Deck Boat Market, By Types |
6.1 Latvia Deck Boat Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Deck Boat Market Revenues & Volume, By Material, 2021 - 2031F |
6.1.3 Latvia Deck Boat Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.1.4 Latvia Deck Boat Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2 Latvia Deck Boat Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Deck Boat Market Revenues & Volume, By Recreational, 2021 - 2031F |
6.2.3 Latvia Deck Boat Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3 Latvia Deck Boat Market, By Length |
6.3.1 Overview and Analysis |
6.3.2 Latvia Deck Boat Market Revenues & Volume, By Below 20ft, 2021 - 2031F |
6.3.3 Latvia Deck Boat Market Revenues & Volume, By Above 20ft, 2021 - 2031F |
6.4 Latvia Deck Boat Market, By Distribution |
6.4.1 Overview and Analysis |
6.4.2 Latvia Deck Boat Market Revenues & Volume, By Dealers, 2021 - 2031F |
6.4.3 Latvia Deck Boat Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.4 Latvia Deck Boat Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
7 Latvia Deck Boat Market Import-Export Trade Statistics |
7.1 Latvia Deck Boat Market Export to Major Countries |
7.2 Latvia Deck Boat Market Imports from Major Countries |
8 Latvia Deck Boat Market Key Performance Indicators |
9 Latvia Deck Boat Market - Opportunity Assessment |
9.1 Latvia Deck Boat Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Deck Boat Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Latvia Deck Boat Market Opportunity Assessment, By Length, 2021 & 2031F |
9.4 Latvia Deck Boat Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Latvia Deck Boat Market - Competitive Landscape |
10.1 Latvia Deck Boat Market Revenue Share, By Companies, 2024 |
10.2 Latvia Deck Boat 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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