| Product Code: ETC7912294 | 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 saw a steady flow of graphics card imports, with top suppliers including Germany, Netherlands, Lithuania, Poland, and Taiwan, Province of China. Despite moderate concentration levels indicated by the HHI, the market experienced a significant decline with a CAGR of -25.13% from 2020 to 2024. The growth rate for 2023-2024 was also negative at -6.59%, signaling a challenging environment for graphics card imports in Latvia during that period.

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 Graphics Card Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Graphics Card Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Graphics Card Market - Industry Life Cycle |
3.4 Latvia Graphics Card Market - Porter's Five Forces |
3.5 Latvia Graphics Card Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Graphics Card Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Graphics Card Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Graphics Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality graphics for gaming and virtual reality applications |
4.2.2 Growing popularity of eSports and live streaming, driving the need for advanced graphics capabilities |
4.2.3 Rise in demand for graphics-intensive applications such as video editing, graphic design, and 3D modeling |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing graphics cards |
4.3.2 Limited availability of the latest graphics card models in the Latvia market |
4.3.3 Compatibility issues with older hardware components limiting market penetration |
5 Latvia Graphics Card Market Trends |
6 Latvia Graphics Card Market, By Types |
6.1 Latvia Graphics Card Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Graphics Card Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Graphics Card Market Revenues & Volume, By Discrete Graphics Card, 2021- 2031F |
6.1.4 Latvia Graphics Card Market Revenues & Volume, By Integrated Graphics Card, 2021- 2031F |
6.2 Latvia Graphics Card Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Graphics Card Market Revenues & Volume, By Gaming, 2021- 2031F |
6.2.3 Latvia Graphics Card Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Latvia Graphics Card Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.5 Latvia Graphics Card Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Graphics Card Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Graphics Card Market Revenues & Volume, By Desktops, 2021- 2031F |
6.3.3 Latvia Graphics Card Market Revenues & Volume, By Laptops, 2021- 2031F |
6.3.4 Latvia Graphics Card Market Revenues & Volume, By Workstations, 2021- 2031F |
6.3.5 Latvia Graphics Card Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Graphics Card Market Import-Export Trade Statistics |
7.1 Latvia Graphics Card Market Export to Major Countries |
7.2 Latvia Graphics Card Market Imports from Major Countries |
8 Latvia Graphics Card Market Key Performance Indicators |
8.1 Average frame rate improvement in graphics performance |
8.2 Adoption rate of newer graphics card technologies in the market |
8.3 Average latency reduction in graphics processing |
8.4 Percentage increase in demand for high-end graphics cards |
8.5 Average power efficiency improvement in newer graphics card models |
9 Latvia Graphics Card Market - Opportunity Assessment |
9.1 Latvia Graphics Card Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Graphics Card Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Graphics Card Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Graphics Card Market - Competitive Landscape |
10.1 Latvia Graphics Card Market Revenue Share, By Companies, 2024 |
10.2 Latvia Graphics Card 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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