| Product Code: ETC5778752 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant growth rate decline in 2024, Latvia`s portable generator import market continued to thrive with a high concentration level indicated by the Herfindahl-Hirschman Index (HHI). The top exporters to Latvia, including Metropolitan France, Italy, Estonia, Lithuania, and Poland, played a crucial role in driving the impressive Compound Annual Growth Rate (CAGR) of 24.08% from 2020 to 2024. This data suggests a competitive landscape in the portable generator market in Latvia, with opportunities for further expansion and strategic partnerships in the coming years.

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 Portable Generator Market Overview |
3.1 Latvia Country Macro Economic Indicators | 3.2 Latvia Portable Generator Market Revenues & Volume, 2021 & 2031F | 3.3 Latvia Portable Generator Market - Industry Life Cycle | 3.4 Latvia Portable Generator Market - Porter's Five Forces | 3.5 Latvia Portable Generator Market Revenues & Volume Share, By Application, 2021 & 2031F | 3.6 Latvia Portable Generator Market Revenues & Volume Share, By Fuel, 2021 & 2031F | 3.7 Latvia Portable Generator Market Revenues & Volume Share, By Power Rating, 2021 & 2031F | 4 Latvia Portable Generator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable power sources in outdoor activities and recreational events |
4.2.2 Growing need for backup power solutions due to frequent power outages |
4.2.3 Rising adoption of portable generators in construction and industrial sectors |
4.3 Market Restraints |
4.3.1 High initial investment cost of portable generators |
4.3.2 Environmental concerns and regulations regarding emissions and noise levels |
4.3.3 Availability of alternative power sources such as solar panels impacting market growth | 5 Latvia Portable Generator Market Trends | 6 Latvia Portable Generator Market, By Types | 6.1 Latvia Portable Generator Market, By Application |
6.1.1 Overview and Analysis | 6.1.2 Latvia Portable Generator Market Revenues & Volume, By Application, 2021-2031F | 6.1.3 Latvia Portable Generator Market Revenues & Volume, By Emergency, 2021-2031F | 6.1.4 Latvia Portable Generator Market Revenues & Volume, By Prime/Continuous, 2021-2031F | 6.2 Latvia Portable Generator Market, By Fuel |
6.2.1 Overview and Analysis | 6.2.2 Latvia Portable Generator Market Revenues & Volume, By Gasoline, 2021-2031F | 6.2.3 Latvia Portable Generator Market Revenues & Volume, By Diesel, 2021-2031F | 6.2.4 Latvia Portable Generator Market Revenues & Volume, By Natural Gas, 2021-2031F | 6.2.5 Latvia Portable Generator Market Revenues & Volume, By Others, 2021-2031F | 6.3 Latvia Portable Generator Market, By Power Rating |
6.3.1 Overview and Analysis | 6.3.2 Latvia Portable Generator Market Revenues & Volume, By Below 5 kW, 2021-2031F | 6.3.3 Latvia Portable Generator Market Revenues & Volume, By 5 ? ?? 10 kW, 2021-2031F | 6.3.4 Latvia Portable Generator Market Revenues & Volume, By 10 ? ?? 20 kW, 2021-2031F | 7 Latvia Portable Generator Market Import-Export Trade Statistics | 7.1 Latvia Portable Generator Market Export to Major Countries | 7.2 Latvia Portable Generator Market Imports from Major Countries | 8 Latvia Portable Generator Market Key Performance Indicators | 9 Latvia Portable Generator Market - Opportunity Assessment | 9.1 Latvia Portable Generator Market Opportunity Assessment, By Application, 2021 & 2031F | 9.2 Latvia Portable Generator Market Opportunity Assessment, By Fuel, 2021 & 2031F | 9.3 Latvia Portable Generator Market Opportunity Assessment, By Power Rating, 2021 & 2031F | 10 Latvia Portable Generator Market - Competitive Landscape | 10.1 Latvia Portable Generator Market Revenue Share, By Companies, 2024 | 10.2 Latvia Portable Generator 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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