| Product Code: ETC5115633 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see dynamic import shipments of random access memory, with top exporting countries being Germany, Netherlands, Lithuania, Poland, and Taiwan. Despite a moderate concentration level measured by the HHI, the market experienced a significant decline with a negative CAGR of -25.13% from 2020 to 2024. The growth rate in 2024 also remained negative at -6.59%, reflecting a challenging environment for the industry. Monitoring these trends will be crucial for stakeholders looking to navigate the evolving landscape of the Latvian RAM 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 Dynamic Random Access Memory Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dynamic Random Access Memory Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dynamic Random Access Memory Market - Industry Life Cycle |
3.4 Latvia Dynamic Random Access Memory Market - Porter's Five Forces |
3.5 Latvia Dynamic Random Access Memory Market Revenues & Volume Share, By Architecture, 2021 & 2031F |
3.6 Latvia Dynamic Random Access Memory Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Dynamic Random Access Memory Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices such as smartphones, laptops, and servers that require dynamic random access memory (DRAM). |
4.2.2 Growth in cloud computing and data center applications which rely heavily on DRAM for high-speed data processing. |
4.2.3 Technological advancements leading to higher memory capacities and faster speeds in DRAM products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in DRAM production, impacting the overall cost and profitability. |
4.3.2 Competition from alternative memory technologies like NAND Flash, which may hinder the growth of DRAM market in Latvia. |
5 Latvia Dynamic Random Access Memory Market Trends |
6 Latvia Dynamic Random Access Memory Market Segmentations |
6.1 Latvia Dynamic Random Access Memory Market, By Architecture |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dynamic Random Access Memory Market Revenues & Volume, By DDR2, 2021-2031F |
6.1.3 Latvia Dynamic Random Access Memory Market Revenues & Volume, By DDR5, 2021-2031F |
6.1.4 Latvia Dynamic Random Access Memory Market Revenues & Volume, By DDR4, 2021-2031F |
6.1.5 Latvia Dynamic Random Access Memory Market Revenues & Volume, By DDR3, 2021-2031F |
6.1.6 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Dynamic Random Access Memory Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Smartphones/Tablets, 2021-2031F |
6.2.4 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Consumer Products, 2021-2031F |
6.2.5 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Graphics, 2021-2031F |
6.2.6 Latvia Dynamic Random Access Memory Market Revenues & Volume, By Datacenter, 2021-2031F |
6.2.7 Latvia Dynamic Random Access Memory Market Revenues & Volume, By PC/Laptop, 2021-2031F |
7 Latvia Dynamic Random Access Memory Market Import-Export Trade Statistics |
7.1 Latvia Dynamic Random Access Memory Market Export to Major Countries |
7.2 Latvia Dynamic Random Access Memory Market Imports from Major Countries |
8 Latvia Dynamic Random Access Memory Market Key Performance Indicators |
8.1 Average selling price (ASP) of DRAM products in the Latvian market. |
8.2 Adoption rate of new DRAM technologies and products in the Latvian electronics industry. |
8.3 Percentage of DRAM products meeting industry standards for performance and reliability in Latvia. |
9 Latvia Dynamic Random Access Memory Market - Opportunity Assessment |
9.1 Latvia Dynamic Random Access Memory Market Opportunity Assessment, By Architecture, 2021 & 2031F |
9.2 Latvia Dynamic Random Access Memory Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Dynamic Random Access Memory Market - Competitive Landscape |
10.1 Latvia Dynamic Random Access Memory Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dynamic Random Access Memory 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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