| Product Code: ETC7913478 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s integrated circuit (IC) import market in 2024 saw a diverse range of top exporting countries, including the USA, Germany, Netherlands, Malaysia, and China. The Herfindahl-Hirschman Index (HHI) indicates moderate concentration, suggesting a competitive landscape. However, the industry experienced a significant negative Compound Annual Growth Rate (CAGR) of -31.31% from 2020 to 2024, with a slight decline in growth rate of -4.2% from 2023 to 2024. This data highlights the challenges and fluctuations faced by Latvia`s IC import market, emphasizing the need for strategic planning and adaptation in the industry.

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 Integrated Circuit (IC) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Integrated Circuit (IC) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Integrated Circuit (IC) Market - Industry Life Cycle |
3.4 Latvia Integrated Circuit (IC) Market - Porter's Five Forces |
3.5 Latvia Integrated Circuit (IC) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Integrated Circuit (IC) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Integrated Circuit (IC) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices and gadgets in various industries |
4.2.2 Technological advancements driving innovation in integrated circuit design and manufacturing |
4.2.3 Government initiatives and investments in the development of the electronics industry in Latvia |
4.3 Market Restraints |
4.3.1 High competition from established global integrated circuit manufacturers |
4.3.2 Fluctuations in raw material prices impacting production costs |
4.3.3 Limited domestic market size in Latvia compared to other countries |
5 Latvia Integrated Circuit (IC) Market Trends |
6 Latvia Integrated Circuit (IC) Market, By Types |
6.1 Latvia Integrated Circuit (IC) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Analog, 2021- 2031F |
6.1.4 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Logic, 2021- 2031F |
6.1.5 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Memory, 2021- 2031F |
6.1.6 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Micro, 2021- 2031F |
6.2 Latvia Integrated Circuit (IC) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia Integrated Circuit (IC) Market Revenues & Volume, By IT & Telecommunications, 2021- 2031F |
6.2.5 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Latvia Integrated Circuit (IC) Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Integrated Circuit (IC) Market Import-Export Trade Statistics |
7.1 Latvia Integrated Circuit (IC) Market Export to Major Countries |
7.2 Latvia Integrated Circuit (IC) Market Imports from Major Countries |
8 Latvia Integrated Circuit (IC) Market Key Performance Indicators |
8.1 Research and development (RD) investment in new integrated circuit technologies |
8.2 Number of patents filed for new integrated circuit designs |
8.3 Adoption rate of advanced integrated circuit technologies in key industries in Latvia |
9 Latvia Integrated Circuit (IC) Market - Opportunity Assessment |
9.1 Latvia Integrated Circuit (IC) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Integrated Circuit (IC) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Integrated Circuit (IC) Market - Competitive Landscape |
10.1 Latvia Integrated Circuit (IC) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Integrated Circuit (IC) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |