| Product Code: ETC4975584 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a steady flow of kitchen sinks imports, with key exporters including China, Germany, Turkey, Poland, and the Netherlands. Despite a negative CAGR from 2020 to 2024, there was a notable growth rate of 11.99% in 2024, indicating a potential rebound in the market. The market concentration, as measured by the HHI, remained at a moderate level, reflecting a balanced competitive landscape among the top exporting countries. This data suggests opportunities for further market expansion and competition in the kitchen sinks segment in Latvia.

Latvia's Kitchen Sinks market is anticipated to experience a stable growth rate of 2.21% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Kitchen Sinks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Kitchen Sinks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Kitchen Sinks Market - Industry Life Cycle |
3.4 Latvia Kitchen Sinks Market - Porter's Five Forces |
3.5 Latvia Kitchen Sinks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Kitchen Sinks Market Revenues & Volume Share, By Base Material, 2021 & 2031F |
3.7 Latvia Kitchen Sinks Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.8 Latvia Kitchen Sinks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Kitchen Sinks Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Kitchen Sinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization in Latvia leading to higher demand for housing and infrastructure development. |
4.2.2 Growing focus on kitchen renovations and modernization among Latvian households. |
4.2.3 Innovation in kitchen sink materials and designs driving consumer interest and purchases. |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting consumer spending on home improvement products. |
4.3.2 Competition from imported kitchen sinks affecting the market share of local manufacturers. |
5 Latvia Kitchen Sinks Market Trends |
6 Latvia Kitchen Sinks Market Segmentations |
6.1 Latvia Kitchen Sinks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Kitchen Sinks Market Revenues & Volume, By Drop-in/ Top Mount, 2021-2031F |
6.1.3 Latvia Kitchen Sinks Market Revenues & Volume, By Pedestal, 2021-2031F |
6.1.4 Latvia Kitchen Sinks Market Revenues & Volume, By Undermount, 2021-2031F |
6.1.5 Latvia Kitchen Sinks Market Revenues & Volume, By Wallmount, 2021-2031F |
6.1.6 Latvia Kitchen Sinks Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Latvia Kitchen Sinks Market, By Base Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Kitchen Sinks Market Revenues & Volume, By Fireclay, 2021-2031F |
6.2.3 Latvia Kitchen Sinks Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 Latvia Kitchen Sinks Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.5 Latvia Kitchen Sinks Market Revenues & Volume, By Copper, 2021-2031F |
6.2.6 Latvia Kitchen Sinks Market Revenues & Volume, By Quartz, 2021-2031F |
6.2.7 Latvia Kitchen Sinks Market Revenues & Volume, By Other Base Materials, 2021-2031F |
6.3 Latvia Kitchen Sinks Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Kitchen Sinks Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Kitchen Sinks Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Latvia Kitchen Sinks Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Kitchen Sinks Market Revenues & Volume, By Single, 2021-2031F |
6.4.3 Latvia Kitchen Sinks Market Revenues & Volume, By Double, 2021-2031F |
6.4.4 Latvia Kitchen Sinks Market Revenues & Volume, By Triple, 2021-2031F |
6.5 Latvia Kitchen Sinks Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Kitchen Sinks Market Revenues & Volume, By Direct, 2021-2031F |
6.5.3 Latvia Kitchen Sinks Market Revenues & Volume, By Indirect, 2021-2031F |
7 Latvia Kitchen Sinks Market Import-Export Trade Statistics |
7.1 Latvia Kitchen Sinks Market Export to Major Countries |
7.2 Latvia Kitchen Sinks Market Imports from Major Countries |
8 Latvia Kitchen Sinks Market Key Performance Indicators |
8.1 Average selling price of kitchen sinks in Latvia. |
8.2 Number of new kitchen sink designs introduced in the market. |
8.3 Percentage of households opting for kitchen renovations in the past year. |
9 Latvia Kitchen Sinks Market - Opportunity Assessment |
9.1 Latvia Kitchen Sinks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Kitchen Sinks Market Opportunity Assessment, By Base Material, 2021 & 2031F |
9.3 Latvia Kitchen Sinks Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.4 Latvia Kitchen Sinks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Kitchen Sinks Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Kitchen Sinks Market - Competitive Landscape |
10.1 Latvia Kitchen Sinks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Kitchen Sinks 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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