| Product Code: ETC12657397 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw a steady increase in mechanical keyboard imports with a Compound Annual Growth Rate (CAGR) of 7.16% from 2020 to 2024. Despite a slight decline in growth rate from 2023 to 2024 (-6.35%), key exporting countries like Czechia, Lithuania, Poland, Germany, and Estonia continued to dominate the market. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, reflecting a competitive market landscape. This data suggests a resilient demand for mechanical keyboards in Latvia, supported by consistent trade relationships with neighboring countries.

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 Mechanical Keyboard Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mechanical Keyboard Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mechanical Keyboard Market - Industry Life Cycle |
3.4 Latvia Mechanical Keyboard Market - Porter's Five Forces |
3.5 Latvia Mechanical Keyboard Market Revenues & Volume Share, By Switch Type, 2021 & 2031F |
3.6 Latvia Mechanical Keyboard Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Latvia Mechanical Keyboard Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Mechanical Keyboard Market Revenues & Volume Share, By Connectivity Type, 2021 & 2031F |
4 Latvia Mechanical Keyboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance gaming peripherals |
4.2.2 Growing trend of remote working and gaming among Latvian population |
4.2.3 Rising disposable income leading to higher spending on premium technology products |
4.3 Market Restraints |
4.3.1 Limited awareness and adoption of mechanical keyboards in Latvia |
4.3.2 High prices of mechanical keyboards compared to traditional keyboards |
4.3.3 Presence of cheaper alternatives in the market affecting demand for mechanical keyboards |
5 Latvia Mechanical Keyboard Market Trends |
6 Latvia Mechanical Keyboard Market, By Types |
6.1 Latvia Mechanical Keyboard Market, By Switch Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mechanical Keyboard Market Revenues & Volume, By Switch Type, 2021 - 2031F |
6.1.3 Latvia Mechanical Keyboard Market Revenues & Volume, By Tactile Switches, 2021 - 2031F |
6.1.4 Latvia Mechanical Keyboard Market Revenues & Volume, By Linear Switches, 2021 - 2031F |
6.1.5 Latvia Mechanical Keyboard Market Revenues & Volume, By Clicky Switches, 2021 - 2031F |
6.1.6 Latvia Mechanical Keyboard Market Revenues & Volume, By Optical Switches, 2021 - 2031F |
6.2 Latvia Mechanical Keyboard Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mechanical Keyboard Market Revenues & Volume, By Gaming, 2021 - 2031F |
6.2.3 Latvia Mechanical Keyboard Market Revenues & Volume, By Typing, 2021 - 2031F |
6.2.4 Latvia Mechanical Keyboard Market Revenues & Volume, By Programming, 2021 - 2031F |
6.2.5 Latvia Mechanical Keyboard Market Revenues & Volume, By Multimedia Editing, 2021 - 2031F |
6.3 Latvia Mechanical Keyboard Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Mechanical Keyboard Market Revenues & Volume, By Professional Gamers, 2021 - 2031F |
6.3.3 Latvia Mechanical Keyboard Market Revenues & Volume, By Office Workers, 2021 - 2031F |
6.3.4 Latvia Mechanical Keyboard Market Revenues & Volume, By Software Developers, 2021 - 2031F |
6.3.5 Latvia Mechanical Keyboard Market Revenues & Volume, By Content Creators, 2021 - 2031F |
6.4 Latvia Mechanical Keyboard Market, By Connectivity Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Mechanical Keyboard Market Revenues & Volume, By Wired, 2021 - 2031F |
6.4.3 Latvia Mechanical Keyboard Market Revenues & Volume, By Wireless, 2021 - 2031F |
7 Latvia Mechanical Keyboard Market Import-Export Trade Statistics |
7.1 Latvia Mechanical Keyboard Market Export to Major Countries |
7.2 Latvia Mechanical Keyboard Market Imports from Major Countries |
8 Latvia Mechanical Keyboard Market Key Performance Indicators |
8.1 Average selling price (ASP) of mechanical keyboards in Latvia |
8.2 Number of gaming events and tournaments in Latvia |
8.3 Percentage of Latvian population engaged in remote work or gaming |
9 Latvia Mechanical Keyboard Market - Opportunity Assessment |
9.1 Latvia Mechanical Keyboard Market Opportunity Assessment, By Switch Type, 2021 & 2031F |
9.2 Latvia Mechanical Keyboard Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Latvia Mechanical Keyboard Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Mechanical Keyboard Market Opportunity Assessment, By Connectivity Type, 2021 & 2031F |
10 Latvia Mechanical Keyboard Market - Competitive Landscape |
10.1 Latvia Mechanical Keyboard Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mechanical Keyboard 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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