| Product Code: ETC12963445 | 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 | |
The Nand flash memory import shipments to Latvia in 2024 saw a diverse mix of top exporting countries including China, Australia, Slovakia, Hungary, and Taiwan. The market concentration, as measured by the HHI, remained low in 2024 compared to the previous year, indicating a competitive landscape. Despite a marginal cumulative annual growth rate of 0.59% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -27.0%. This suggests a fluctuating market environment that may require a closer examination of factors impacting the demand for Nand flash memory 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 Flash Memory Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia NAND Flash Memory Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia NAND Flash Memory Market - Industry Life Cycle |
3.4 Latvia NAND Flash Memory Market - Porter's Five Forces |
3.5 Latvia NAND Flash Memory Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia NAND Flash Memory Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
3.7 Latvia NAND Flash Memory Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia NAND Flash Memory Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 Latvia NAND Flash Memory Market Revenues & Volume Share, By Interface, 2021 & 2031F |
4 Latvia NAND Flash Memory Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices such as smartphones, tablets, and laptops. |
4.2.2 Growth in the automotive sector, where NAND flash memory is used for infotainment systems and ADAS. |
4.2.3 Technological advancements leading to higher storage capacities and faster read/write speeds. |
4.3 Market Restraints |
4.3.1 Price volatility in the NAND flash memory market due to supply-demand imbalances. |
4.3.2 Competition from alternative storage technologies like SSDs and cloud storage solutions. |
4.3.3 Uncertainties in global trade policies impacting the supply chain of NAND flash memory components. |
5 Latvia NAND Flash Memory Market Trends |
6 Latvia NAND Flash Memory Market, By Types |
6.1 Latvia NAND Flash Memory Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia NAND Flash Memory Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia NAND Flash Memory Market Revenues & Volume, By SLC NAND, 2021 - 2031F |
6.1.4 Latvia NAND Flash Memory Market Revenues & Volume, By MLC NAND, 2021 - 2031F |
6.1.5 Latvia NAND Flash Memory Market Revenues & Volume, By TLC NAND, 2021 - 2031F |
6.1.6 Latvia NAND Flash Memory Market Revenues & Volume, By QLC NAND, 2021 - 2031F |
6.1.7 Latvia NAND Flash Memory Market Revenues & Volume, By 3D NAND, 2021 - 2031F |
6.2 Latvia NAND Flash Memory Market, By Form Factor |
6.2.1 Overview and Analysis |
6.2.2 Latvia NAND Flash Memory Market Revenues & Volume, By SSD, 2021 - 2031F |
6.2.3 Latvia NAND Flash Memory Market Revenues & Volume, By USB Drive, 2021 - 2031F |
6.2.4 Latvia NAND Flash Memory Market Revenues & Volume, By Memory Card, 2021 - 2031F |
6.2.5 Latvia NAND Flash Memory Market Revenues & Volume, By Embedded Memory, 2021 - 2031F |
6.2.6 Latvia NAND Flash Memory Market Revenues & Volume, By eMMC, 2021 - 2031F |
6.3 Latvia NAND Flash Memory Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia NAND Flash Memory Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 Latvia NAND Flash Memory Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Latvia NAND Flash Memory Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Latvia NAND Flash Memory Market Revenues & Volume, By IoT Devices, 2021 - 2031F |
6.3.6 Latvia NAND Flash Memory Market Revenues & Volume, By Servers, 2021 - 2031F |
6.4 Latvia NAND Flash Memory Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Latvia NAND Flash Memory Market Revenues & Volume, By 64GB - 512GB, 2021 - 2031F |
6.4.3 Latvia NAND Flash Memory Market Revenues & Volume, By 512GB - 1TB, 2021 - 2031F |
6.4.4 Latvia NAND Flash Memory Market Revenues & Volume, By 1TB - 2TB, 2021 - 2031F |
6.4.5 Latvia NAND Flash Memory Market Revenues & Volume, By Above 2TB, 2021 - 2031F |
6.4.6 Latvia NAND Flash Memory Market Revenues & Volume, By Custom Capacity, 2021 - 2031F |
6.5 Latvia NAND Flash Memory Market, By Interface |
6.5.1 Overview and Analysis |
6.5.2 Latvia NAND Flash Memory Market Revenues & Volume, By PCIe, 2021 - 2031F |
6.5.3 Latvia NAND Flash Memory Market Revenues & Volume, By NVMe, 2021 - 2031F |
6.5.4 Latvia NAND Flash Memory Market Revenues & Volume, By SATA, 2021 - 2031F |
6.5.5 Latvia NAND Flash Memory Market Revenues & Volume, By UFS, 2021 - 2031F |
6.5.6 Latvia NAND Flash Memory Market Revenues & Volume, By SPI, 2021 - 2031F |
7 Latvia NAND Flash Memory Market Import-Export Trade Statistics |
7.1 Latvia NAND Flash Memory Market Export to Major Countries |
7.2 Latvia NAND Flash Memory Market Imports from Major Countries |
8 Latvia NAND Flash Memory Market Key Performance Indicators |
8.1 Average selling price (ASP) of NAND flash memory products. |
8.2 Adoption rate of NAND flash memory in new electronic devices launched in the Latvian market. |
8.3 RD investment in NAND flash memory technology by key players in Latvia. |
9 Latvia NAND Flash Memory Market - Opportunity Assessment |
9.1 Latvia NAND Flash Memory Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia NAND Flash Memory Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
9.3 Latvia NAND Flash Memory Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia NAND Flash Memory Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 Latvia NAND Flash Memory Market Opportunity Assessment, By Interface, 2021 & 2031F |
10 Latvia NAND Flash Memory Market - Competitive Landscape |
10.1 Latvia NAND Flash Memory Market Revenue Share, By Companies, 2024 |
10.2 Latvia NAND Flash Memory 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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