| Product Code: ETC5826100 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s electric capacitor import market in 2024 continued to be dominated by key exporters such as Germany, China, France, South Korea, and Estonia. Despite a challenging environment, the Herfindahl-Hirschman Index (HHI) indicated high concentration in the market. The compound annual growth rate (CAGR) from 2020 to 2024 was -2.02%, with a notable decline in the growth rate from 2023 to 2024 at -22.66%. These trends suggest a competitive landscape and potential shifts in market dynamics that importers and industry players should monitor closely.

Latvia's Electric Capacitor market is anticipated to experience a stable growth rate of 0.52% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Electric Capacitor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electric Capacitor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electric Capacitor Market - Industry Life Cycle |
3.4 Latvia Electric Capacitor Market - Porter's Five Forces |
3.5 Latvia Electric Capacitor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Electric Capacitor Market Revenues & Volume Share, By Polarization, 2021 & 2031F |
3.7 Latvia Electric Capacitor Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Latvia Electric Capacitor Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.9 Latvia Electric Capacitor Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Latvia Electric Capacitor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and automotive applications |
4.2.2 Growing focus on renewable energy sources driving the need for capacitors in power generation |
4.2.3 Technological advancements leading to the development of high-performance capacitors |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting manufacturing costs |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Regulatory challenges and compliance requirements affecting market entry and operations |
5 Latvia Electric Capacitor Market Trends |
6 Latvia Electric Capacitor Market Segmentations |
6.1 Latvia Electric Capacitor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electric Capacitor Market Revenues & Volume, By Aluminium, 2021-2031F |
6.1.3 Latvia Electric Capacitor Market Revenues & Volume, By Ceramic, 2021-2031F |
6.1.4 Latvia Electric Capacitor Market Revenues & Volume, By Tantalum, 2021-2031F |
6.1.5 Latvia Electric Capacitor Market Revenues & Volume, By Paper and Film, 2021-2031F |
6.1.6 Latvia Electric Capacitor Market Revenues & Volume, By Supercapacitor, 2021-2031F |
6.1.7 Latvia Electric Capacitor Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Electric Capacitor Market, By Polarization |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electric Capacitor Market Revenues & Volume, By Polarized, 2021-2031F |
6.2.3 Latvia Electric Capacitor Market Revenues & Volume, By Non-Polarized, 2021-2031F |
6.3 Latvia Electric Capacitor Market, By Voltage |
6.3.1 Overview and Analysis |
6.3.2 Latvia Electric Capacitor Market Revenues & Volume, By High Voltage, 2021-2031F |
6.3.3 Latvia Electric Capacitor Market Revenues & Volume, By Low Voltage, 2021-2031F |
6.4 Latvia Electric Capacitor Market, By Mounting Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Electric Capacitor Market Revenues & Volume, By Large Cans, 2021-2031F |
6.4.3 Latvia Electric Capacitor Market Revenues & Volume, By Small Cans, 2021-2031F |
6.4.4 Latvia Electric Capacitor Market Revenues & Volume, By Through-hole, 2021-2031F |
6.4.5 Latvia Electric Capacitor Market Revenues & Volume, By Surface Mount, 2021-2031F |
6.5 Latvia Electric Capacitor Market, By Industry Vertical |
6.5.1 Overview and Analysis |
6.5.2 Latvia Electric Capacitor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.5.3 Latvia Electric Capacitor Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.4 Latvia Electric Capacitor Market Revenues & Volume, By Communication & Technology, 2021-2031F |
6.5.5 Latvia Electric Capacitor Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.5.6 Latvia Electric Capacitor Market Revenues & Volume, By Industrial Electronics, 2021-2031F |
6.5.7 Latvia Electric Capacitor Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Electric Capacitor Market Import-Export Trade Statistics |
7.1 Latvia Electric Capacitor Market Export to Major Countries |
7.2 Latvia Electric Capacitor Market Imports from Major Countries |
8 Latvia Electric Capacitor Market Key Performance Indicators |
8.1 Average selling price (ASP) of electric capacitors in Latvia |
8.2 Adoption rate of new capacitor technologies in the market |
8.3 Rate of capacity utilization by capacitor manufacturers in Latvia |
9 Latvia Electric Capacitor Market - Opportunity Assessment |
9.1 Latvia Electric Capacitor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Electric Capacitor Market Opportunity Assessment, By Polarization, 2021 & 2031F |
9.3 Latvia Electric Capacitor Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.4 Latvia Electric Capacitor Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.5 Latvia Electric Capacitor Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Latvia Electric Capacitor Market - Competitive Landscape |
10.1 Latvia Electric Capacitor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electric Capacitor 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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