| Product Code: ETC11922805 | 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 |
Latvia`s electronics import market saw a notable shift in 2024, with top exporters being Germany, China, Poland, Denmark, and the Netherlands. The market experienced low concentration levels, indicating a diverse range of sources for electronic imports. Despite a negative CAGR from 2020 to 2024, the market showed a promising growth rate of 18.41% in 2024. This suggests a potential rebound in the electronics import sector in Latvia, driven by strong performances from key exporting countries and increasing demand for electronic products.

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 Electronics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electronics Market - Industry Life Cycle |
3.4 Latvia Electronics Market - Porter's Five Forces |
3.5 Latvia Electronics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Electronics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Electronics Market Trends |
6 Latvia Electronics Market, By Types |
6.1 Latvia Electronics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electronics Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Latvia Electronics Market Revenues & Volume, By Smartphones, 2021 - 2031F |
6.1.4 Latvia Electronics Market Revenues & Volume, By Desktops, 2021 - 2031F |
6.1.5 Latvia Electronics Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.1.6 Latvia Electronics Market Revenues & Volume, By Digital Cameras, 2021 - 2031F |
6.1.7 Latvia Electronics Market Revenues & Volume, By Laptops/Notebooks, 2021 - 2031F |
6.1.8 Latvia Electronics Market Revenues & Volume, By Hard Disk Drives, 2021 - 2029F |
6.1.9 Latvia Electronics Market Revenues & Volume, By E-readers, 2021 - 2029F |
6.1.10 Latvia Electronics Market Revenues & Volume, By E-readers, 2021 - 2029F |
6.2 Latvia Electronics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electronics Market Revenues & Volume, By Offline, 2021 - 2031F |
6.2.3 Latvia Electronics Market Revenues & Volume, By Online, 2021 - 2031F |
7 Latvia Electronics Market Import-Export Trade Statistics |
7.1 Latvia Electronics Market Export to Major Countries |
7.2 Latvia Electronics Market Imports from Major Countries |
8 Latvia Electronics Market Key Performance Indicators |
9 Latvia Electronics Market - Opportunity Assessment |
9.1 Latvia Electronics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Electronics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Electronics Market - Competitive Landscape |
10.1 Latvia Electronics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electronics 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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