| Product Code: ETC13088053 | 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 a diverse range of imports of piezoceramic discs, with top exporting countries including Taiwan, Province of China, Metropolitan France, Sweden, Lithuania, and Germany. The market displayed low concentration with a Herfindahl-Hirschman Index (HHI) remaining at a low level. Despite a slight negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a steady 4.06%, indicating a consistent overall growth trend in the importation of piezoceramic discs 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 Piezoceramic Discs Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Piezoceramic Discs Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Piezoceramic Discs Market - Industry Life Cycle |
3.4 Latvia Piezoceramic Discs Market - Porter's Five Forces |
3.5 Latvia Piezoceramic Discs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Piezoceramic Discs Market Revenues & Volume Share, By Material Composition, 2021 & 2031F |
3.7 Latvia Piezoceramic Discs Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Piezoceramic Discs Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Piezoceramic Discs Market Revenues & Volume Share, By Frequency Range, 2021 & 2031F |
4 Latvia Piezoceramic Discs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for piezoceramic discs in consumer electronics and automotive industries |
4.2.2 Technological advancements in piezoceramic materials leading to improved performance |
4.2.3 Growing adoption of piezoceramic discs in healthcare applications |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Intense competition from alternative technologies affecting market growth |
5 Latvia Piezoceramic Discs Market Trends |
6 Latvia Piezoceramic Discs Market, By Types |
6.1 Latvia Piezoceramic Discs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Piezoceramic Discs Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Piezoceramic Discs Market Revenues & Volume, By Lead Zirconate Titanate (PZT), 2021 - 2031F |
6.1.4 Latvia Piezoceramic Discs Market Revenues & Volume, By Barium Titanate, 2021 - 2031F |
6.1.5 Latvia Piezoceramic Discs Market Revenues & Volume, By Lead-Free, 2021 - 2031F |
6.1.6 Latvia Piezoceramic Discs Market Revenues & Volume, By Lithium Niobate, 2021 - 2031F |
6.1.7 Latvia Piezoceramic Discs Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Piezoceramic Discs Market, By Material Composition |
6.2.1 Overview and Analysis |
6.2.2 Latvia Piezoceramic Discs Market Revenues & Volume, By PZT-5A, 2021 - 2031F |
6.2.3 Latvia Piezoceramic Discs Market Revenues & Volume, By BaTiO3, 2021 - 2031F |
6.2.4 Latvia Piezoceramic Discs Market Revenues & Volume, By Sodium Potassium Niobate, 2021 - 2031F |
6.2.5 Latvia Piezoceramic Discs Market Revenues & Volume, By LiNbO3, 2021 - 2031F |
6.2.6 Latvia Piezoceramic Discs Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Piezoceramic Discs Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Piezoceramic Discs Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Latvia Piezoceramic Discs Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Latvia Piezoceramic Discs Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Latvia Piezoceramic Discs Market Revenues & Volume, By Defense, 2021 - 2031F |
6.3.6 Latvia Piezoceramic Discs Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Piezoceramic Discs Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Piezoceramic Discs Market Revenues & Volume, By Ultrasound Imaging, 2021 - 2031F |
6.4.3 Latvia Piezoceramic Discs Market Revenues & Volume, By Parking Sensors, 2021 - 2031F |
6.4.4 Latvia Piezoceramic Discs Market Revenues & Volume, By Vibration Sensors, 2021 - 2031F |
6.4.5 Latvia Piezoceramic Discs Market Revenues & Volume, By Sonar Equipment, 2021 - 2031F |
6.4.6 Latvia Piezoceramic Discs Market Revenues & Volume, By Others, 2021 - 2031F |
6.5 Latvia Piezoceramic Discs Market, By Frequency Range |
6.5.1 Overview and Analysis |
6.5.2 Latvia Piezoceramic Discs Market Revenues & Volume, By Low-Frequency, 2021 - 2031F |
6.5.3 Latvia Piezoceramic Discs Market Revenues & Volume, By Mid-Frequency, 2021 - 2031F |
6.5.4 Latvia Piezoceramic Discs Market Revenues & Volume, By High-Frequency, 2021 - 2031F |
6.5.5 Latvia Piezoceramic Discs Market Revenues & Volume, By Ultra High-Frequency, 2021 - 2031F |
6.5.6 Latvia Piezoceramic Discs Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Piezoceramic Discs Market Import-Export Trade Statistics |
7.1 Latvia Piezoceramic Discs Market Export to Major Countries |
7.2 Latvia Piezoceramic Discs Market Imports from Major Countries |
8 Latvia Piezoceramic Discs Market Key Performance Indicators |
8.1 Research and development investment in new piezoceramic materials |
8.2 Percentage of market share within specific industry segments |
8.3 Number of patents filed for piezoceramic technology advancements |
9 Latvia Piezoceramic Discs Market - Opportunity Assessment |
9.1 Latvia Piezoceramic Discs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Piezoceramic Discs Market Opportunity Assessment, By Material Composition, 2021 & 2031F |
9.3 Latvia Piezoceramic Discs Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Piezoceramic Discs Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Piezoceramic Discs Market Opportunity Assessment, By Frequency Range, 2021 & 2031F |
10 Latvia Piezoceramic Discs Market - Competitive Landscape |
10.1 Latvia Piezoceramic Discs Market Revenue Share, By Companies, 2024 |
10.2 Latvia Piezoceramic Discs 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.
To discover high-growth global markets and optimize your business strategy:
Click Here