| Product Code: ETC12963253 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia saw an increase in the concentration of NAND-based multi-chip package imports, with top exporting countries being Taiwan, Czechia, Poland, Germany, and China. Despite a negative CAGR of -8.39% from 2020 to 2024, the growth rate in 2024 improved slightly with a decrease of -22.27% compared to the previous year. This shift in concentration indicates evolving market dynamics and highlights the competitive landscape in the NAND-based multi-chip package industry in Latvia.

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 NAND-Based Multi-Chip Packages Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia NAND-Based Multi-Chip Packages Market - Industry Life Cycle |
3.4 Latvia NAND-Based Multi-Chip Packages Market - Porter's Five Forces |
3.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume Share, By Package Type, 2021 & 2031F |
3.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume Share, By Memory Type, 2021 & 2031F |
3.7 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
4 Latvia NAND-Based Multi-Chip Packages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for compact and high-performance electronic devices |
4.2.2 Growing adoption of advanced technologies such as Internet of Things (IoT) and artificial intelligence (AI) |
4.2.3 Rise in the usage of consumer electronics and smart devices |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up manufacturing facilities |
4.3.2 Technological challenges in integrating multiple chips in a single package |
4.3.3 Lack of skilled workforce in the field of semiconductor packaging |
5 Latvia NAND-Based Multi-Chip Packages Market Trends |
6 Latvia NAND-Based Multi-Chip Packages Market, By Types |
6.1 Latvia NAND-Based Multi-Chip Packages Market, By Package Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Package Type, 2021 - 2031F |
6.1.3 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Embedded MCP, 2021 - 2031F |
6.1.4 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Stacked MCP, 2021 - 2031F |
6.1.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Hybrid MCP, 2021 - 2031F |
6.1.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Custom MCP, 2021 - 2031F |
6.1.7 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Low-Power MCP, 2021 - 2031F |
6.2 Latvia NAND-Based Multi-Chip Packages Market, By Memory Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By 3D NAND, 2021 - 2031F |
6.2.3 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By TLC NAND, 2021 - 2031F |
6.2.4 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By SLC NAND, 2021 - 2031F |
6.2.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By QLC NAND, 2021 - 2031F |
6.2.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By MLC NAND, 2021 - 2031F |
6.3 Latvia NAND-Based Multi-Chip Packages Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Smartphones, 2021 - 2031F |
6.3.3 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Laptops, 2021 - 2031F |
6.3.4 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By SSDs, 2021 - 2031F |
6.3.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By IoT Devices, 2021 - 2031F |
6.3.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Servers, 2021 - 2031F |
6.4 Latvia NAND-Based Multi-Chip Packages Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Stacking, 2021 - 2031F |
6.4.3 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Die Integration, 2021 - 2031F |
6.4.4 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Advanced Packaging, 2021 - 2031F |
6.4.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By Multi-Layer Design, 2021 - 2031F |
6.4.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By High-Speed Interface, 2021 - 2031F |
6.5 Latvia NAND-Based Multi-Chip Packages Market, By Form Factor |
6.5.1 Overview and Analysis |
6.5.2 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By BGA, 2021 - 2031F |
6.5.3 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By CSP, 2021 - 2031F |
6.5.4 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By MCM, 2021 - 2031F |
6.5.5 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By FBGA, 2021 - 2031F |
6.5.6 Latvia NAND-Based Multi-Chip Packages Market Revenues & Volume, By POP, 2021 - 2031F |
7 Latvia NAND-Based Multi-Chip Packages Market Import-Export Trade Statistics |
7.1 Latvia NAND-Based Multi-Chip Packages Market Export to Major Countries |
7.2 Latvia NAND-Based Multi-Chip Packages Market Imports from Major Countries |
8 Latvia NAND-Based Multi-Chip Packages Market Key Performance Indicators |
8.1 Average package size reduction percentage per year |
8.2 Number of new product launches utilizing multi-chip packages |
8.3 Percentage increase in research and development expenditure on semiconductor packaging technologies |
9 Latvia NAND-Based Multi-Chip Packages Market - Opportunity Assessment |
9.1 Latvia NAND-Based Multi-Chip Packages Market Opportunity Assessment, By Package Type, 2021 & 2031F |
9.2 Latvia NAND-Based Multi-Chip Packages Market Opportunity Assessment, By Memory Type, 2021 & 2031F |
9.3 Latvia NAND-Based Multi-Chip Packages Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia NAND-Based Multi-Chip Packages Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia NAND-Based Multi-Chip Packages Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
10 Latvia NAND-Based Multi-Chip Packages Market - Competitive Landscape |
10.1 Latvia NAND-Based Multi-Chip Packages Market Revenue Share, By Companies, 2024 |
10.2 Latvia NAND-Based Multi-Chip Packages 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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