| Product Code: ETC4974121 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia continued to rely heavily on needle imports, with Germany, Denmark, China, Turkey, and Poland being the top exporting countries. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a negative compound annual growth rate (CAGR) of -2.21% from 2020 to 2024, there was a slight uptick in growth with a rate of 0.18% from 2023 to 2024. The dynamics of the needle import market in Latvia suggest a continued reliance on key exporting countries while facing challenges in overall market growth.
The Needles market in Latvia is projected to grow at a stable growth rate of 0.48% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Needles Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Needles Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Needles Market - Industry Life Cycle |
3.4 Latvia Needles Market - Porter's Five Forces |
3.5 Latvia Needles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Needles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Needles Market Revenues & Volume Share, By Delivery Mode, 2021 & 2031F |
3.8 Latvia Needles Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 Latvia Needles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring frequent injections |
4.2.2 Advancements in needle manufacturing technologies leading to improved safety and efficiency |
4.2.3 Growing awareness about the importance of needle safety and hygiene |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for needle manufacturing and distribution |
4.3.2 Pricing pressure due to intense market competition |
4.3.3 Limited availability of skilled workforce in the needle manufacturing industry |
5 Latvia Needles Market Trends |
6 Latvia Needles Market Segmentations |
6.1 Latvia Needles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Needles Market Revenues & Volume, By Conventional, 2021-2031F |
6.1.3 Latvia Needles Market Revenues & Volume, By Safety, 2021-2031F |
6.2 Latvia Needles Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Needles Market Revenues & Volume, By Pen, 2021-2031F |
6.2.3 Latvia Needles Market Revenues & Volume, By Suture, 2021-2031F |
6.2.4 Latvia Needles Market Revenues & Volume, By Blood Collection, 2021-2031F |
6.2.5 Latvia Needles Market Revenues & Volume, By Dental, 2021-2031F |
6.2.6 Latvia Needles Market Revenues & Volume, By Ophthalmic, 2021-2031F |
6.2.7 Latvia Needles Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Needles Market, By Delivery Mode |
6.3.1 Overview and Analysis |
6.3.2 Latvia Needles Market Revenues & Volume, By Hypodermic, 2021-2031F |
6.3.3 Latvia Needles Market Revenues & Volume, By Intravenous, 2021-2031F |
6.3.4 Latvia Needles Market Revenues & Volume, By Intramuscular, 2021-2031F |
6.3.5 Latvia Needles Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Needles Market, By Raw Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Needles Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.4.3 Latvia Needles Market Revenues & Volume, By Glass, 2021-2031F |
6.4.4 Latvia Needles Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Needles Market Import-Export Trade Statistics |
7.1 Latvia Needles Market Export to Major Countries |
7.2 Latvia Needles Market Imports from Major Countries |
8 Latvia Needles Market Key Performance Indicators |
8.1 Adoption rate of safety-engineered needles in healthcare facilities |
8.2 Percentage of healthcare professionals trained on safe needle practices |
8.3 Rate of needlestick injuries reported in healthcare settings |
9 Latvia Needles Market - Opportunity Assessment |
9.1 Latvia Needles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Needles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Needles Market Opportunity Assessment, By Delivery Mode, 2021 & 2031F |
9.4 Latvia Needles Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 Latvia Needles Market - Competitive Landscape |
10.1 Latvia Needles Market Revenue Share, By Companies, 2024 |
10.2 Latvia Needles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |