| Product Code: ETC7920185 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a significant influx of rechargeable battery imports, with top exporting countries including Germany, China, Netherlands, Czechia, and Slovenia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competition. The impressive compound annual growth rate (CAGR) of 45.05% from 2020 to 2024 highlights the strong demand for rechargeable batteries in Latvia. Moreover, the notable growth rate of 17.99% from 2023 to 2024 underscores the continued momentum in the market, signaling opportunities for both domestic and international suppliers to capitalize on this trend.

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 Rechargeable Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rechargeable Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rechargeable Battery Market - Industry Life Cycle |
3.4 Latvia Rechargeable Battery Market - Porter's Five Forces |
3.5 Latvia Rechargeable Battery Market Revenues & Volume Share, By Battery, 2021 & 2031F |
3.6 Latvia Rechargeable Battery Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Latvia Rechargeable Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Rechargeable Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Technological advancements leading to higher energy density in rechargeable batteries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting battery production costs |
4.3.2 Lack of proper recycling infrastructure for rechargeable batteries |
4.3.3 Competition from non-rechargeable battery alternatives |
5 Latvia Rechargeable Battery Market Trends |
6 Latvia Rechargeable Battery Market, By Types |
6.1 Latvia Rechargeable Battery Market, By Battery |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rechargeable Battery Market Revenues & Volume, By Battery, 2021- 2031F |
6.1.3 Latvia Rechargeable Battery Market Revenues & Volume, By Lead-Acid Batteries, 2021- 2031F |
6.1.4 Latvia Rechargeable Battery Market Revenues & Volume, By Li-ion Batteries, 2021- 2031F |
6.1.5 Latvia Rechargeable Battery Market Revenues & Volume, By NiMH Batteries, 2021- 2031F |
6.1.6 Latvia Rechargeable Battery Market Revenues & Volume, By NiCd Batteries, 2021- 2031F |
6.1.7 Latvia Rechargeable Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Rechargeable Battery Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rechargeable Battery Market Revenues & Volume, By 150 - 1000 mAh, 2021- 2031F |
6.2.3 Latvia Rechargeable Battery Market Revenues & Volume, By 1300 - 2700 mAh, 2021- 2031F |
6.2.4 Latvia Rechargeable Battery Market Revenues & Volume, By 3000 - 4000 mAh, 2021- 2031F |
6.2.5 Latvia Rechargeable Battery Market Revenues & Volume, By 4000 - 6000 mAh, 2021- 2031F |
6.2.6 Latvia Rechargeable Battery Market Revenues & Volume, By 6000 - 10000 mAh, 2021- 2031F |
6.2.7 Latvia Rechargeable Battery Market Revenues & Volume, By More than 10000 mAh, 2021- 2031F |
6.3 Latvia Rechargeable Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rechargeable Battery Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.3 Latvia Rechargeable Battery Market Revenues & Volume, By Industrial Applications, 2021- 2031F |
6.3.4 Latvia Rechargeable Battery Market Revenues & Volume, By Automobile Applications, 2021- 2031F |
6.3.5 Latvia Rechargeable Battery Market Revenues & Volume, By Defence, 2021- 2031F |
6.3.6 Latvia Rechargeable Battery Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Rechargeable Battery Market Import-Export Trade Statistics |
7.1 Latvia Rechargeable Battery Market Export to Major Countries |
7.2 Latvia Rechargeable Battery Market Imports from Major Countries |
8 Latvia Rechargeable Battery Market Key Performance Indicators |
8.1 Average battery life expectancy |
8.2 Adoption rate of rechargeable batteries in various industries |
8.3 Investment in research and development for battery technology innovation |
9 Latvia Rechargeable Battery Market - Opportunity Assessment |
9.1 Latvia Rechargeable Battery Market Opportunity Assessment, By Battery, 2021 & 2031F |
9.2 Latvia Rechargeable Battery Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Latvia Rechargeable Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Rechargeable Battery Market - Competitive Landscape |
10.1 Latvia Rechargeable Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rechargeable Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |