| Product Code: ETC5129199 | 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 |
In 2024, Latvia saw a notable shift in the import landscape for memory integrated circuits, with top exporters including Taiwan, Czechia, and Poland. The industry experienced a significant increase in market concentration, moving from moderate to high, indicating a more consolidated market. Despite a negative Compound Annual Growth Rate (CAGR) of -9.92% from 2020 to 2024, the growth rate in 2024 alone registered at -18.52%. This data suggests a challenging year for the Latvian market in terms of memory integrated circuits imports, highlighting the need for strategic adaptation and market diversification.

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 Memory Integrated Circuits Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Memory Integrated Circuits Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Memory Integrated Circuits Market - Industry Life Cycle |
3.4 Latvia Memory Integrated Circuits Market - Porter's Five Forces |
3.5 Latvia Memory Integrated Circuits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Memory Integrated Circuits Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Memory Integrated Circuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices and gadgets in Latvia |
4.2.2 Growth of the automotive industry in Latvia leading to higher demand for memory integrated circuits |
4.2.3 Technological advancements and innovations in memory integrated circuits |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up memory integrated circuit manufacturing facilities |
4.3.2 Fluctuating prices of raw materials impacting production costs |
4.3.3 Competition from established international memory integrated circuit manufacturers |
5 Latvia Memory Integrated Circuits Market Trends |
6 Latvia Memory Integrated Circuits Market Segmentations |
6.1 Latvia Memory Integrated Circuits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Memory Integrated Circuits Market Revenues & Volume, By DRAM, 2021-2031F |
6.1.3 Latvia Memory Integrated Circuits Market Revenues & Volume, By Flash, 2021-2031F |
6.1.4 Latvia Memory Integrated Circuits Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Latvia Memory Integrated Circuits Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Memory Integrated Circuits Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.2.3 Latvia Memory Integrated Circuits Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Latvia Memory Integrated Circuits Market Revenues & Volume, By IT & Telecommunication, 2021-2031F |
6.2.5 Latvia Memory Integrated Circuits Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Latvia Memory Integrated Circuits Market Revenues & Volume, By Other End-user, 2021-2031F |
7 Latvia Memory Integrated Circuits Market Import-Export Trade Statistics |
7.1 Latvia Memory Integrated Circuits Market Export to Major Countries |
7.2 Latvia Memory Integrated Circuits Market Imports from Major Countries |
8 Latvia Memory Integrated Circuits Market Key Performance Indicators |
8.1 Research and development investment in memory integrated circuits |
8.2 Number of patents filed for memory integrated circuit technologies |
8.3 Adoption rate of memory integrated circuits in emerging applications in Latvia |
9 Latvia Memory Integrated Circuits Market - Opportunity Assessment |
9.1 Latvia Memory Integrated Circuits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Memory Integrated Circuits Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Memory Integrated Circuits Market - Competitive Landscape |
10.1 Latvia Memory Integrated Circuits Market Revenue Share, By Companies, 2024 |
10.2 Latvia Memory Integrated Circuits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |