| Product Code: ETC7913933 | 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 kitchen ventilation import market in 2024 saw significant growth, with top exporters being Poland, Germany, China, Lithuania, and Spain. The market remained moderately concentrated, with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a strong 13.11%, indicating a growing demand for kitchen ventilation systems in Latvia. Additionally, the growth rate in 2024 alone was an impressive 15.18%, suggesting a promising outlook for the industry in the coming years.

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 Ventilation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Kitchen Ventilation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Kitchen Ventilation Market - Industry Life Cycle |
3.4 Latvia Kitchen Ventilation Market - Porter's Five Forces |
3.5 Latvia Kitchen Ventilation Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Kitchen Ventilation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Kitchen Ventilation Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.8 Latvia Kitchen Ventilation Market Revenues & Volume Share, By Fan Type, 2021 & 2031F |
4 Latvia Kitchen Ventilation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Kitchen Ventilation Market Trends |
6 Latvia Kitchen Ventilation Market, By Types |
6.1 Latvia Kitchen Ventilation Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Kitchen Ventilation Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Kitchen Ventilation Market Revenues & Volume, By Wall-Mounted Canopy Hoods, 2021- 2031F |
6.1.4 Latvia Kitchen Ventilation Market Revenues & Volume, By Proximity Hoods, 2021- 2031F |
6.1.5 Latvia Kitchen Ventilation Market Revenues & Volume, By Island Canopy Hoods, 2021- 2031F |
6.2 Latvia Kitchen Ventilation Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Kitchen Ventilation Market Revenues & Volume, By Type I Hood, 2021- 2031F |
6.2.3 Latvia Kitchen Ventilation Market Revenues & Volume, By Type II Hood, 2021- 2031F |
6.3 Latvia Kitchen Ventilation Market, By Application Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Kitchen Ventilation Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.3.3 Latvia Kitchen Ventilation Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.4 Latvia Kitchen Ventilation Market Revenues & Volume, By Corporate Offices, 2021- 2031F |
6.3.5 Latvia Kitchen Ventilation Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Kitchen Ventilation Market, By Fan Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Kitchen Ventilation Market Revenues & Volume, By Low Speed Fans, 2021- 2031F |
6.4.3 Latvia Kitchen Ventilation Market Revenues & Volume, By Axial Fans, 2021- 2031F |
6.4.4 Latvia Kitchen Ventilation Market Revenues & Volume, By Centrifugal Fan Sets, 2021- 2031F |
6.4.5 Latvia Kitchen Ventilation Market Revenues & Volume, By Bifurcated Fan Sets, 2021- 2031F |
6.4.6 Latvia Kitchen Ventilation Market Revenues & Volume, By Belt Driven Axial Fans, 2021- 2031F |
6.4.7 Latvia Kitchen Ventilation Market Revenues & Volume, By In-Line Centrifugal and Mixed Flow Impellers, 2021- 2031F |
7 Latvia Kitchen Ventilation Market Import-Export Trade Statistics |
7.1 Latvia Kitchen Ventilation Market Export to Major Countries |
7.2 Latvia Kitchen Ventilation Market Imports from Major Countries |
8 Latvia Kitchen Ventilation Market Key Performance Indicators |
9 Latvia Kitchen Ventilation Market - Opportunity Assessment |
9.1 Latvia Kitchen Ventilation Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Kitchen Ventilation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Kitchen Ventilation Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.4 Latvia Kitchen Ventilation Market Opportunity Assessment, By Fan Type, 2021 & 2031F |
10 Latvia Kitchen Ventilation Market - Competitive Landscape |
10.1 Latvia Kitchen Ventilation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Kitchen Ventilation 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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