| Product Code: ETC12336373 | 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 |
In 2024, Latvia`s hard disk drive import shipments were primarily sourced from Thailand, Netherlands, Italy, Poland, and Czechia. Despite the low concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a compound annual growth rate (CAGR) of -7.33% from 2020 to 2024. The growth rate in 2024 alone slowed further to -3.24%, reflecting ongoing challenges in the industry. The diverse range of exporting countries highlights the global nature of the hard disk drive market in Latvia.

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 Hard Disk Drive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hard Disk Drive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hard Disk Drive Market - Industry Life Cycle |
3.4 Latvia Hard Disk Drive Market - Porter's Five Forces |
3.5 Latvia Hard Disk Drive Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
3.6 Latvia Hard Disk Drive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hard Disk Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Hard Disk Drive Market Trends |
6 Latvia Hard Disk Drive Market, By Types |
6.1 Latvia Hard Disk Drive Market, By Form Factor |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hard Disk Drive Market Revenues & Volume, By Form Factor, 2021 - 2031F |
6.1.3 Latvia Hard Disk Drive Market Revenues & Volume, By 2.5 inch, 2021 - 2031F |
6.1.4 Latvia Hard Disk Drive Market Revenues & Volume, By 3.5 inch, 2021 - 2031F |
6.2 Latvia Hard Disk Drive Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hard Disk Drive Market Revenues & Volume, By Mobile, 2021 - 2031F |
6.2.3 Latvia Hard Disk Drive Market Revenues & Volume, By Consumer, 2021 - 2031F |
6.2.4 Latvia Hard Disk Drive Market Revenues & Volume, By Desktop, 2021 - 2031F |
6.2.5 Latvia Hard Disk Drive Market Revenues & Volume, By Enterprise, 2021 - 2031F |
6.2.6 Latvia Hard Disk Drive Market Revenues & Volume, By Nearline, 2021 - 2031F |
6.2.7 Latvia Hard Disk Drive Market Revenues & Volume, By Others, 2021 - 2029F |
7 Latvia Hard Disk Drive Market Import-Export Trade Statistics |
7.1 Latvia Hard Disk Drive Market Export to Major Countries |
7.2 Latvia Hard Disk Drive Market Imports from Major Countries |
8 Latvia Hard Disk Drive Market Key Performance Indicators |
9 Latvia Hard Disk Drive Market - Opportunity Assessment |
9.1 Latvia Hard Disk Drive Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
9.2 Latvia Hard Disk Drive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hard Disk Drive Market - Competitive Landscape |
10.1 Latvia Hard Disk Drive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hard Disk Drive 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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