Latvia Munition Market (2025-2031) | Value, Segmentation, Outlook, Companies, Forecast, Competitive Landscape, Share, Trends, Growth, Industry, Analysis, Size & Revenue
Market Forecast By Application (Defense, Civil, Coomercial), By Caliber (Small, Medium, Large, Others), By Component (Fuzes & Primers, Propellants, Bases, Projectiles and Warheads, Others), By Product (Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars), By Guidance (Non-guided, Guided), By Lethality (Lethal, Less-Lethal) And Competitive Landscape
| Product Code: ETC7916130 | 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 |
Latvia Munition Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s munition import shipments in 2024 continued to show high concentration with top exporters being Switzerland, Sweden, Italy, Germany, and the USA. Despite a significant negative CAGR of -16.87% from 2020 to 2024, there was a positive growth rate of 9.41% from 2023 to 2024. This indicates some recent improvement in the market, possibly driven by changing geopolitical dynamics or increasing defense expenditures. The consistent presence of key exporting countries highlights the importance of these relationships in meeting Latvia`s munition needs.
Key Highlights of the Report:
- Latvia Munition Market Outlook
- Market Size of Latvia Munition Market, 2024
- Forecast of Latvia Munition Market, 2031
- Historical Data and Forecast of Latvia Munition Revenues & Volume for the Period 2021- 2031
- Latvia Munition Market Trend Evolution
- Latvia Munition Market Drivers and Challenges
- Latvia Munition Price Trends
- Latvia Munition Porter's Five Forces
- Latvia Munition Industry Life Cycle
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Defense for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Civil for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Coomercial for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Caliber for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Small for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Medium for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Large for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Component for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Fuzes & Primers for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Propellants for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Bases for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Projectiles and Warheads for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Bullets for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Aerial Bombs for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Grenades for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Artillery Shells for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Mortars for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Guidance for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Non-guided for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Guided for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Lethality for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Lethal for the Period 2021- 2031
- Historical Data and Forecast of Latvia Munition Market Revenues & Volume By Less-Lethal for the Period 2021- 2031
- Latvia Munition Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Caliber
- Market Opportunity Assessment By Component
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Guidance
- Market Opportunity Assessment By Lethality
- Latvia Munition Top Companies Market Share
- Latvia Munition Competitive Benchmarking By Technical and Operational Parameters
- Latvia Munition Company Profiles
- Latvia Munition Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Munition Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Munition Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Munition Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Munition Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Munition Market - Industry Life Cycle |
3.4 Latvia Munition Market - Porter's Five Forces |
3.5 Latvia Munition Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Munition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.7 Latvia Munition Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Latvia Munition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.9 Latvia Munition Market Revenues & Volume Share, By Guidance, 2021 & 2031F |
3.10 Latvia Munition Market Revenues & Volume Share, By Lethality, 2021 & 2031F |
4 Latvia Munition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget allocation by the Latvian government |
4.2.2 Growing geopolitical tensions in the region leading to higher demand for munitions |
4.2.3 Modernization and upgrade programs of the Latvian armed forces |
4.3 Market Restraints |
4.3.1 Stringent regulations on arms exports and imports |
4.3.2 Dependence on foreign suppliers for advanced munitions technology |
4.3.3 Volatility in raw material prices impacting production costs |
5 Latvia Munition Market Trends |
6 Latvia Munition Market, By Types |
6.1 Latvia Munition Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Munition Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Munition Market Revenues & Volume, By Defense, 2021- 2031F |
6.1.4 Latvia Munition Market Revenues & Volume, By Civil, 2021- 2031F |
6.1.5 Latvia Munition Market Revenues & Volume, By Coomercial, 2021- 2031F |
6.2 Latvia Munition Market, By Caliber |
6.2.1 Overview and Analysis |
6.2.2 Latvia Munition Market Revenues & Volume, By Small, 2021- 2031F |
6.2.3 Latvia Munition Market Revenues & Volume, By Medium, 2021- 2031F |
6.2.4 Latvia Munition Market Revenues & Volume, By Large, 2021- 2031F |
6.2.5 Latvia Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Munition Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Latvia Munition Market Revenues & Volume, By Fuzes & Primers, 2021- 2031F |
6.3.3 Latvia Munition Market Revenues & Volume, By Propellants, 2021- 2031F |
6.3.4 Latvia Munition Market Revenues & Volume, By Bases, 2021- 2031F |
6.3.5 Latvia Munition Market Revenues & Volume, By Projectiles and Warheads, 2021- 2031F |
6.3.6 Latvia Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Munition Market, By Product |
6.4.1 Overview and Analysis |
6.4.2 Latvia Munition Market Revenues & Volume, By Bullets, 2021- 2031F |
6.4.3 Latvia Munition Market Revenues & Volume, By Aerial Bombs, 2021- 2031F |
6.4.4 Latvia Munition Market Revenues & Volume, By Grenades, 2021- 2031F |
6.4.5 Latvia Munition Market Revenues & Volume, By Artillery Shells, 2021- 2031F |
6.4.6 Latvia Munition Market Revenues & Volume, By Mortars, 2021- 2031F |
6.5 Latvia Munition Market, By Guidance |
6.5.1 Overview and Analysis |
6.5.2 Latvia Munition Market Revenues & Volume, By Non-guided, 2021- 2031F |
6.5.3 Latvia Munition Market Revenues & Volume, By Guided, 2021- 2031F |
6.6 Latvia Munition Market, By Lethality |
6.6.1 Overview and Analysis |
6.6.2 Latvia Munition Market Revenues & Volume, By Lethal, 2021- 2031F |
6.6.3 Latvia Munition Market Revenues & Volume, By Less-Lethal, 2021- 2031F |
7 Latvia Munition Market Import-Export Trade Statistics |
7.1 Latvia Munition Market Export to Major Countries |
7.2 Latvia Munition Market Imports from Major Countries |
8 Latvia Munition Market Key Performance Indicators |
8.1 Percentage increase in defense budget allocation for munitions |
8.2 Number of defense agreements signed with other countries for munitions supply |
8.3 Rate of adoption of new munitions technology by the Latvian armed forces |
9 Latvia Munition Market - Opportunity Assessment |
9.1 Latvia Munition Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Munition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.3 Latvia Munition Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Latvia Munition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.5 Latvia Munition Market Opportunity Assessment, By Guidance, 2021 & 2031F |
9.6 Latvia Munition Market Opportunity Assessment, By Lethality, 2021 & 2031F |
10 Latvia Munition Market - Competitive Landscape |
10.1 Latvia Munition Market Revenue Share, By Companies, 2024 |
10.2 Latvia Munition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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