| Product Code: ETC12346357 | 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 continued to see significant imports of printed circuit boards (PCB) with top exporters being China, Netherlands, Estonia, Taiwan, and Metropolitan France. Despite a slightly declining growth rate of -2.92% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.4%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially posing challenges for competition and pricing dynamics. Keeping an eye on these trends will be crucial for stakeholders in the PCB import industry 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 HDI PCB Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia HDI PCB Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia HDI PCB Market - Industry Life Cycle |
3.4 Latvia HDI PCB Market - Porter's Five Forces |
3.5 Latvia HDI PCB Market Revenues & Volume Share, By Interconnection Layers, 2021 & 2031F |
3.6 Latvia HDI PCB Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia HDI PCB Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia HDI PCB Market Trends |
6 Latvia HDI PCB Market, By Types |
6.1 Latvia HDI PCB Market, By Interconnection Layers |
6.1.1 Overview and Analysis |
6.1.2 Latvia HDI PCB Market Revenues & Volume, By Interconnection Layers, 2021 - 2031F |
6.1.3 Latvia HDI PCB Market Revenues & Volume, By 1 Layer (1+N+1) HDI, 2021 - 2031F |
6.1.4 Latvia HDI PCB Market Revenues & Volume, By 2 or more layers (2+N+2) HDI, 2021 - 2031F |
6.1.5 Latvia HDI PCB Market Revenues & Volume, By All Layers HDI, 2021 - 2031F |
6.2 Latvia HDI PCB Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia HDI PCB Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.3 Latvia HDI PCB Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.4 Latvia HDI PCB Market Revenues & Volume, By Military and Defense, 2021 - 2031F |
6.2.5 Latvia HDI PCB Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.6 Latvia HDI PCB Market Revenues & Volume, By Industrial/ Manufacturing, 2021 - 2031F |
6.2.7 Latvia HDI PCB Market Revenues & Volume, By Others, 2021 - 2029F |
7 Latvia HDI PCB Market Import-Export Trade Statistics |
7.1 Latvia HDI PCB Market Export to Major Countries |
7.2 Latvia HDI PCB Market Imports from Major Countries |
8 Latvia HDI PCB Market Key Performance Indicators |
9 Latvia HDI PCB Market - Opportunity Assessment |
9.1 Latvia HDI PCB Market Opportunity Assessment, By Interconnection Layers, 2021 & 2031F |
9.2 Latvia HDI PCB Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia HDI PCB Market - Competitive Landscape |
10.1 Latvia HDI PCB Market Revenue Share, By Companies, 2024 |
10.2 Latvia HDI PCB 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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