| Product Code: ETC10570549 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of diving suits to Latvia in 2024 continued to show strong growth, with key exporting countries such as Italy, Spain, Germany, Poland, and the Netherlands playing a significant role in meeting the demand. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained moderate, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 16.03%, with a notable growth rate of 8.67% observed from 2023 to 2024, reflecting a positive trend in the industry.

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 Diving Suit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Diving Suit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Diving Suit Market - Industry Life Cycle |
3.4 Latvia Diving Suit Market - Porter's Five Forces |
3.5 Latvia Diving Suit Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Diving Suit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Diving Suit Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Diving Suit Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Latvia Diving Suit Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Diving Suit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Diving Suit Market Trends |
6 Latvia Diving Suit Market, By Types |
6.1 Latvia Diving Suit Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Diving Suit Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Diving Suit Market Revenues & Volume, By Wet Suits, 2021 - 2031F |
6.1.4 Latvia Diving Suit Market Revenues & Volume, By Dry Suits, 2021 - 2031F |
6.1.5 Latvia Diving Suit Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Diving Suit Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Diving Suit Market Revenues & Volume, By Recreational Diving, 2021 - 2031F |
6.2.3 Latvia Diving Suit Market Revenues & Volume, By Professional Diving, 2021 - 2031F |
6.2.4 Latvia Diving Suit Market Revenues & Volume, By Commercial Diving, 2021 - 2031F |
6.3 Latvia Diving Suit Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Diving Suit Market Revenues & Volume, By Sports Equipment, 2021 - 2031F |
6.3.3 Latvia Diving Suit Market Revenues & Volume, By Safety Equipment, 2021 - 2031F |
6.3.4 Latvia Diving Suit Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Latvia Diving Suit Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Diving Suit Market Revenues & Volume, By Neoprene, 2021 - 2031F |
6.4.3 Latvia Diving Suit Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.4.4 Latvia Diving Suit Market Revenues & Volume, By Fabric, 2021 - 2031F |
6.5 Latvia Diving Suit Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Diving Suit Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.3 Latvia Diving Suit Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.5.4 Latvia Diving Suit Market Revenues & Volume, By B2B Sales, 2021 - 2031F |
7 Latvia Diving Suit Market Import-Export Trade Statistics |
7.1 Latvia Diving Suit Market Export to Major Countries |
7.2 Latvia Diving Suit Market Imports from Major Countries |
8 Latvia Diving Suit Market Key Performance Indicators |
9 Latvia Diving Suit Market - Opportunity Assessment |
9.1 Latvia Diving Suit Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Diving Suit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Diving Suit Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Diving Suit Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Latvia Diving Suit Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Diving Suit Market - Competitive Landscape |
10.1 Latvia Diving Suit Market Revenue Share, By Companies, 2024 |
10.2 Latvia Diving Suit 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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