| Product Code: ETC7914401 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in light sport aircraft imports, with top exporting countries including the USA, Austria, Lithuania, Afghanistan, and Australia. Despite a negative CAGR from 2020 to 2024, the growth rate in 2024 skyrocketed by an impressive 564.14%. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, highlighting the dominance of key exporting countries in the industry. This data indicates a dynamic and rapidly evolving market for light sport aircraft imports 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 Light sport Aircraft Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Light sport Aircraft Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Light sport Aircraft Market - Industry Life Cycle |
3.4 Latvia Light sport Aircraft Market - Porter's Five Forces |
3.5 Latvia Light sport Aircraft Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Light sport Aircraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for recreational flying activities in Latvia |
4.2.2 Growing focus on eco-friendly and fuel-efficient aircraft |
4.2.3 Favorable government regulations supporting the aviation industry |
4.3 Market Restraints |
4.3.1 High initial investment and operating costs for light sport aircraft |
4.3.2 Limited infrastructure and facilities for light sport aircraft in Latvia |
4.3.3 Lack of skilled pilots and maintenance personnel in the region |
5 Latvia Light sport Aircraft Market Trends |
6 Latvia Light sport Aircraft Market, By Types |
6.1 Latvia Light sport Aircraft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Light sport Aircraft Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Light sport Aircraft Market Revenues & Volume, By Airplane, 2021- 2031F |
6.1.4 Latvia Light sport Aircraft Market Revenues & Volume, By Seaplane, 2021- 2031F |
7 Latvia Light sport Aircraft Market Import-Export Trade Statistics |
7.1 Latvia Light sport Aircraft Market Export to Major Countries |
7.2 Latvia Light sport Aircraft Market Imports from Major Countries |
8 Latvia Light sport Aircraft Market Key Performance Indicators |
8.1 Average hours flown per aircraft monthly |
8.2 Utilization rate of existing light sport aircraft |
8.3 Rate of new pilot certifications in Latvia |
9 Latvia Light sport Aircraft Market - Opportunity Assessment |
9.1 Latvia Light sport Aircraft Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Light sport Aircraft Market - Competitive Landscape |
10.1 Latvia Light sport Aircraft Market Revenue Share, By Companies, 2024 |
10.2 Latvia Light sport Aircraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |