Latvia Primary Battery Market (2025-2031) | Industry, Analysis, Companies, Value, Forecast, Revenue, Growth, Trends, Share, Outlook, Segmentation & Size
Market Forecast By Type (Primary Alkaline Battery, Primary Lithium Battery, Other Types) And Competitive Landscape
| Product Code: ETC5133721 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Primary Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw primary battery import shipments primarily coming from neighboring countries like Lithuania, Germany, Poland, and Estonia, as well as China. The Herfindahl-Hirschman Index (HHI) indicated a shift from high to moderate concentration, pointing towards a more diversified import market. However, the compound annual growth rate (CAGR) from 2020 to 2024 was negative at -11.64%, with a sharp decline in growth rate from 2023 to 2024 at -44.87%. This suggests a challenging market environment for primary battery imports in Latvia, indicating the need for strategic adjustments and market analysis.
Primary Battery Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, Latvia's Primary Battery market is forecasted to achieve a high growth rate of 10.10%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Primary Battery Market Outlook
- Market Size of Latvia Primary Battery Market, 2024
- Forecast of Latvia Primary Battery Market, 2031
- Historical Data and Forecast of Latvia Primary Battery Revenues & Volume for the Period 2021-2031
- Latvia Primary Battery Market Trend Evolution
- Latvia Primary Battery Market Drivers and Challenges
- Latvia Primary Battery Price Trends
- Latvia Primary Battery Porter`s Five Forces
- Latvia Primary Battery Industry Life Cycle
- Historical Data and Forecast of Latvia Primary Battery Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Primary Battery Market Revenues & Volume By Primary Alkaline Battery for the Period 2021-2031
- Historical Data and Forecast of Latvia Primary Battery Market Revenues & Volume By Primary Lithium Battery for the Period 2021-2031
- Historical Data and Forecast of Latvia Primary Battery Market Revenues & Volume By Other Types for the Period 2021-2031
- Latvia Primary Battery Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Latvia Primary Battery Top Companies Market Share
- Latvia Primary Battery Competitive Benchmarking By Technical and Operational Parameters
- Latvia Primary Battery Company Profiles
- Latvia Primary Battery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Primary Battery Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Primary Battery Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Primary Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Primary Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Primary Battery Market - Industry Life Cycle |
3.4 Latvia Primary Battery Market - Porter's Five Forces |
3.5 Latvia Primary Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Primary Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of portable electronic devices requiring primary batteries |
4.2.2 Growing demand for primary batteries in the automotive industry for key fobs and remote controls |
4.2.3 Rising usage of primary batteries in medical devices due to advancements in healthcare technology |
4.3 Market Restraints |
4.3.1 Environmental concerns regarding the disposal of primary batteries |
4.3.2 Competition from rechargeable batteries impacting market growth |
4.3.3 Volatility in raw material prices affecting production costs |
5 Latvia Primary Battery Market Trends |
6 Latvia Primary Battery Market Segmentations |
6.1 Latvia Primary Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Primary Battery Market Revenues & Volume, By Primary Alkaline Battery, 2021-2031F |
6.1.3 Latvia Primary Battery Market Revenues & Volume, By Primary Lithium Battery, 2021-2031F |
6.1.4 Latvia Primary Battery Market Revenues & Volume, By Other Types, 2021-2031F |
7 Latvia Primary Battery Market Import-Export Trade Statistics |
7.1 Latvia Primary Battery Market Export to Major Countries |
7.2 Latvia Primary Battery Market Imports from Major Countries |
8 Latvia Primary Battery Market Key Performance Indicators |
8.1 Average selling price (ASP) of primary batteries |
8.2 Adoption rate of primary batteries in emerging applications |
8.3 Investment in research and development for primary battery technology innovation |
9 Latvia Primary Battery Market - Opportunity Assessment |
9.1 Latvia Primary Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Primary Battery Market - Competitive Landscape |
10.1 Latvia Primary Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Primary Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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