| Product Code: ETC4952575 | 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 |
The import shipments of mechanical scales into Latvia in 2024 saw a notable increase in concentration, with the top exporting countries being Lithuania, Poland, Germany, China, and Estonia. This shift towards higher concentration indicates a more focused market landscape. Despite a negative CAGR from 2020 to 2024, there was a slight growth rate of 0.27% from 2023 to 2024. This suggests a potential stabilization or slight improvement in the market for mechanical scales in Latvia, with key players from neighboring countries dominating the import scene.

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 Scales Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mechanical Scales Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mechanical Scales Market - Industry Life Cycle |
3.4 Latvia Mechanical Scales Market - Porter's Five Forces |
3.5 Latvia Mechanical Scales Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Mechanical Scales Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Mechanical Scales Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision measurement tools in industries such as manufacturing, agriculture, and healthcare |
4.2.2 Technological advancements leading to more accurate and efficient mechanical scales |
4.2.3 Growing awareness about the importance of weight measurement for quality control and regulatory compliance |
4.3 Market Restraints |
4.3.1 Competition from digital scales and other advanced weighing technologies |
4.3.2 Economic fluctuations affecting spending on industrial equipment |
4.3.3 Lack of standardization in weights and measures regulations impacting market growth |
5 Latvia Mechanical Scales Market Trends |
6 Latvia Mechanical Scales Market Segmentations |
6.1 Latvia Mechanical Scales Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mechanical Scales Market Revenues & Volume, By Product Type I, 2021-2031F |
6.1.3 Latvia Mechanical Scales Market Revenues & Volume, By Product Type II, 2021-2031F |
6.1.4 Latvia Mechanical Scales Market Revenues & Volume, By Product Type III, 2021-2031F |
6.2 Latvia Mechanical Scales Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mechanical Scales Market Revenues & Volume, By Application I, 2021-2031F |
6.2.3 Latvia Mechanical Scales Market Revenues & Volume, By Application II, 2021-2031F |
6.2.4 Latvia Mechanical Scales Market Revenues & Volume, By Application III, 2021-2031F |
7 Latvia Mechanical Scales Market Import-Export Trade Statistics |
7.1 Latvia Mechanical Scales Market Export to Major Countries |
7.2 Latvia Mechanical Scales Market Imports from Major Countries |
8 Latvia Mechanical Scales Market Key Performance Indicators |
8.1 Average selling price (ASP) of mechanical scales in the market |
8.2 Adoption rate of mechanical scales in key industries |
8.3 Number of new product launches and innovations in the mechanical scales market |
8.4 Customer satisfaction and retention rates for mechanical scale manufacturers |
8.5 Rate of regulatory compliance for mechanical scales in Latvia |
9 Latvia Mechanical Scales Market - Opportunity Assessment |
9.1 Latvia Mechanical Scales Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Mechanical Scales Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Mechanical Scales Market - Competitive Landscape |
10.1 Latvia Mechanical Scales Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mechanical Scales Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |