| Product Code: ETC7912295 | 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 continues to see significant imports of graphics processing units, with top exporters including Germany, Netherlands, Lithuania, Poland, and Taiwan, Province of China. Despite a moderate concentration level indicated by the HHI, the market experienced a negative CAGR of -25.13% from 2020 to 2024, with a slight decline in growth rate at -6.59% from 2023 to 2024. This suggests a challenging landscape for GPU imports in Latvia, potentially influenced by global market dynamics and technological shifts.

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 Processing Unit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Graphics Processing Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Graphics Processing Unit Market - Industry Life Cycle |
3.4 Latvia Graphics Processing Unit Market - Porter's Five Forces |
3.5 Latvia Graphics Processing Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Graphics Processing Unit Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Graphics Processing Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance computing in industries such as gaming, animation, and data processing. |
4.2.2 Technological advancements leading to the development of more powerful and energy-efficient GPUs. |
4.2.3 Growing popularity of virtual reality (VR) and augmented reality (AR) applications driving the need for advanced GPUs. |
4.3 Market Restraints |
4.3.1 Price volatility of key raw materials used in GPU manufacturing. |
4.3.2 Competition from integrated graphics solutions in entry-level computing devices. |
4.3.3 Economic factors impacting consumer spending on high-end GPUs. |
5 Latvia Graphics Processing Unit Market Trends |
6 Latvia Graphics Processing Unit Market, By Types |
6.1 Latvia Graphics Processing Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Graphics Processing Unit Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Graphics Processing Unit Market Revenues & Volume, By Discrete GPUs, 2021- 2031F |
6.1.4 Latvia Graphics Processing Unit Market Revenues & Volume, By Integrated GPUs, 2021- 2031F |
6.1.5 Latvia Graphics Processing Unit Market Revenues & Volume, By Hybrid GPUs, 2021- 2031F |
6.2 Latvia Graphics Processing Unit Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Graphics Processing Unit Market Revenues & Volume, By Mobile Devices, 2021- 2031F |
6.2.3 Latvia Graphics Processing Unit Market Revenues & Volume, By Pcs and Workstations, 2021- 2031F |
6.2.4 Latvia Graphics Processing Unit Market Revenues & Volume, By Servers/Data Centers, 2021- 2031F |
6.2.5 Latvia Graphics Processing Unit Market Revenues & Volume, By Automotive/Self-driving Vehicles, 2021- 2031F |
6.2.6 Latvia Graphics Processing Unit Market Revenues & Volume, By Gaming Consoles, 2021- 2031F |
6.2.7 Latvia Graphics Processing Unit Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Latvia Graphics Processing Unit Market Import-Export Trade Statistics |
7.1 Latvia Graphics Processing Unit Market Export to Major Countries |
7.2 Latvia Graphics Processing Unit Market Imports from Major Countries |
8 Latvia Graphics Processing Unit Market Key Performance Indicators |
8.1 Average selling price (ASP) of GPUs in the Latvian market. |
8.2 Adoption rate of new GPU technologies and features among Latvian consumers. |
8.3 Number of software developers creating GPU-intensive applications tailored for the Latvian market. |
9 Latvia Graphics Processing Unit Market - Opportunity Assessment |
9.1 Latvia Graphics Processing Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Graphics Processing Unit Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Graphics Processing Unit Market - Competitive Landscape |
10.1 Latvia Graphics Processing Unit Market Revenue Share, By Companies, 2024 |
10.2 Latvia Graphics 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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