| Product Code: ETC12114037 | 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 import shipments of fixed RFID readers saw an increase in diversification with top exporters like Germany, China, Poland, Denmark, and Netherlands in 2024. The market showed a low concentration, transitioning from very low in 2023, indicating a more balanced distribution. Despite a negative CAGR from 2020 to 2024, the growth rate in 2024 surged by 18.41%, pointing towards a potential rebound in the market. This data suggests a positive outlook for the fixed RFID reader import market in Latvia, with a promising trend of increased competition and growth.

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 Fixed RFID Readers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fixed RFID Readers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fixed RFID Readers Market - Industry Life Cycle |
3.4 Latvia Fixed RFID Readers Market - Porter's Five Forces |
3.5 Latvia Fixed RFID Readers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Fixed RFID Readers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Fixed RFID Readers Market Revenues & Volume Share, By Frequency, 2021 & 2031F |
4 Latvia Fixed RFID Readers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Fixed RFID Readers Market Trends |
6 Latvia Fixed RFID Readers Market, By Types |
6.1 Latvia Fixed RFID Readers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fixed RFID Readers Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Fixed RFID Readers Market Revenues & Volume, By Fixed UHF RFID Readers, 2021 - 2031F |
6.1.4 Latvia Fixed RFID Readers Market Revenues & Volume, By Fixed HF RFID Readers, 2021 - 2031F |
6.1.5 Latvia Fixed RFID Readers Market Revenues & Volume, By Fixed LF RFID Readers, 2021 - 2031F |
6.2 Latvia Fixed RFID Readers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fixed RFID Readers Market Revenues & Volume, By Retail, 2021 - 2031F |
6.2.3 Latvia Fixed RFID Readers Market Revenues & Volume, By Logistics and Supply Chain, 2021 - 2031F |
6.2.4 Latvia Fixed RFID Readers Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.5 Latvia Fixed RFID Readers Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3 Latvia Fixed RFID Readers Market, By Frequency |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fixed RFID Readers Market Revenues & Volume, By Low Frequency (LF), 2021 - 2031F |
6.3.3 Latvia Fixed RFID Readers Market Revenues & Volume, By High Frequency (HF), 2021 - 2031F |
6.3.4 Latvia Fixed RFID Readers Market Revenues & Volume, By Ultra High Frequency (UHF), 2021 - 2031F |
7 Latvia Fixed RFID Readers Market Import-Export Trade Statistics |
7.1 Latvia Fixed RFID Readers Market Export to Major Countries |
7.2 Latvia Fixed RFID Readers Market Imports from Major Countries |
8 Latvia Fixed RFID Readers Market Key Performance Indicators |
9 Latvia Fixed RFID Readers Market - Opportunity Assessment |
9.1 Latvia Fixed RFID Readers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Fixed RFID Readers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Fixed RFID Readers Market Opportunity Assessment, By Frequency, 2021 & 2031F |
10 Latvia Fixed RFID Readers Market - Competitive Landscape |
10.1 Latvia Fixed RFID Readers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fixed RFID Readers 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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