| Product Code: ETC7912291 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to import graphic processing units primarily from Germany, Netherlands, Lithuania, Poland, and Taiwan, Province of China. Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020-2024 at -25.13%, the Herfindahl-Hirschman Index (HHI) indicated moderate concentration in the market. The growth rate from 2023-2024 also saw a decrease at -6.59%. These trends suggest a competitive landscape for GPU imports in Latvia, with key players maintaining their presence while facing challenges in 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 Graphic Processing Unit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Graphic Processing Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Graphic Processing Unit Market - Industry Life Cycle |
3.4 Latvia Graphic Processing Unit Market - Porter's Five Forces |
3.5 Latvia Graphic Processing Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Graphic Processing Unit Market Revenues & Volume Share, By Device, 2021 & 2031F |
3.7 Latvia Graphic Processing Unit Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Latvia Graphic Processing Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance GPUs in gaming and entertainment industries |
4.2.2 Growth in adoption of GPUs for artificial intelligence and machine learning applications |
4.2.3 Technological advancements leading to higher efficiency and performance of GPUs |
4.3 Market Restraints |
4.3.1 High initial cost of GPUs limiting adoption in price-sensitive segments |
4.3.2 Limited availability of skilled professionals for GPU programming and optimization |
4.3.3 Potential impact of economic downturn on consumer spending affecting GPU market |
5 Latvia Graphic Processing Unit Market Trends |
6 Latvia Graphic Processing Unit Market, By Types |
6.1 Latvia Graphic Processing Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Graphic Processing Unit Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Graphic Processing Unit Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.1.4 Latvia Graphic Processing Unit Market Revenues & Volume, By Dedicated, 2021- 2031F |
6.1.5 Latvia Graphic Processing Unit Market Revenues & Volume, By Integrated, 2021- 2031F |
6.2 Latvia Graphic Processing Unit Market, By Device |
6.2.1 Overview and Analysis |
6.2.2 Latvia Graphic Processing Unit Market Revenues & Volume, By Smartphone, 2021- 2031F |
6.2.3 Latvia Graphic Processing Unit Market Revenues & Volume, By Gaming Console, 2021- 2031F |
6.2.4 Latvia Graphic Processing Unit Market Revenues & Volume, By Computer, 2021- 2031F |
6.2.5 Latvia Graphic Processing Unit Market Revenues & Volume, By Television, 2021- 2031F |
6.2.6 Latvia Graphic Processing Unit Market Revenues & Volume, By Tablet, 2021- 2031F |
6.2.7 Latvia Graphic Processing Unit Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Graphic Processing Unit Market, By Industry Vertical |
6.3.1 Overview and Analysis |
6.3.2 Latvia Graphic Processing Unit Market Revenues & Volume, By Electronics, 2021- 2031F |
6.3.3 Latvia Graphic Processing Unit Market Revenues & Volume, By Defense & Intelligence, 2021- 2031F |
6.3.4 Latvia Graphic Processing Unit Market Revenues & Volume, By Media & Entertainment, 2021- 2031F |
6.3.5 Latvia Graphic Processing Unit Market Revenues & Volume, By IT & Telecommunication, 2021- 2031F |
6.3.6 Latvia Graphic Processing Unit Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Graphic Processing Unit Market Import-Export Trade Statistics |
7.1 Latvia Graphic Processing Unit Market Export to Major Countries |
7.2 Latvia Graphic Processing Unit Market Imports from Major Countries |
8 Latvia Graphic Processing Unit Market Key Performance Indicators |
8.1 Average selling price (ASP) of GPUs in Latvia |
8.2 Number of GPU units sold for AI and machine learning applications |
8.3 Adoption rate of GPUs in emerging industries such as virtual reality and augmented reality applications |
9 Latvia Graphic Processing Unit Market - Opportunity Assessment |
9.1 Latvia Graphic Processing Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Graphic Processing Unit Market Opportunity Assessment, By Device, 2021 & 2031F |
9.3 Latvia Graphic Processing Unit Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Latvia Graphic Processing Unit Market - Competitive Landscape |
10.1 Latvia Graphic Processing Unit Market Revenue Share, By Companies, 2024 |
10.2 Latvia Graphic Processing Unit 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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