| Product Code: ETC7914853 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
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 Magnet Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Magnet Market - Industry Life Cycle |
3.4 Latvia Magnet Market - Porter's Five Forces |
3.5 Latvia Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F |
3.6 Latvia Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly products |
4.2.2 Growing popularity of DIY crafts and projects |
4.2.3 Rise in the use of magnets in various industries for different applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute products like adhesive tapes |
4.3.3 Economic uncertainties affecting consumer purchasing power |
5 Latvia Magnet Market Trends |
6 Latvia Magnet Market, By Types |
6.1 Latvia Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F |
6.1.3 Latvia Magnet Market Revenues & Volume, By Ferrite, 2021- 2031F |
6.1.4 Latvia Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021- 2031F |
6.1.5 Latvia Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2021- 2031F |
6.1.6 Latvia Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021- 2031F |
6.2 Latvia Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2021- 2031F |
6.2.3 Latvia Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F |
6.2.4 Latvia Magnet Market Revenues & Volume, By Electric Bicycles, 2021- 2031F |
6.2.5 Latvia Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2021- 2031F |
6.2.6 Latvia Magnet Market Revenues & Volume, By Wind Turbines, 2021- 2031F |
7 Latvia Magnet Market Import-Export Trade Statistics |
7.1 Latvia Magnet Market Export to Major Countries |
7.2 Latvia Magnet Market Imports from Major Countries |
8 Latvia Magnet Market Key Performance Indicators |
8.1 Percentage of recycled materials used in magnet production |
8.2 Number of DIY craft workshops or events using magnets |
8.3 Number of patents filed for innovative magnet technologies |
9 Latvia Magnet Market - Opportunity Assessment |
9.1 Latvia Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F |
9.2 Latvia Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Magnet Market - Competitive Landscape |
10.1 Latvia Magnet Market Revenue Share, By Companies, 2024 |
10.2 Latvia Magnet 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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