| Product Code: ETC10402933 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The recreational rowing boats import market in Latvia continues to show strong growth, with a high concentration of imports from top countries such as Czechia, Germany, Romania, Estonia, and Belgium in 2024. The Herfindahl-Hirschman Index (HHI) indicates a very high level of concentration in the market. The compound annual growth rate (CAGR) from 2020 to 2024 is impressive at 19.97%, demonstrating sustained expansion. Although the growth rate slightly slowed in 2024 with a rate of 0.3%, the overall trend suggests a thriving market for recreational rowing boats 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 Recreational Rowing Boats Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Recreational Rowing Boats Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Recreational Rowing Boats Market - Industry Life Cycle |
3.4 Latvia Recreational Rowing Boats Market - Porter's Five Forces |
3.5 Latvia Recreational Rowing Boats Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Recreational Rowing Boats Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Recreational Rowing Boats Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.8 Latvia Recreational Rowing Boats Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Recreational Rowing Boats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of outdoor recreational activities |
4.2.2 Growth in disposable income of the population |
4.2.3 Rising interest in fitness and wellness trends |
4.3 Market Restraints |
4.3.1 Seasonal variations in weather affecting demand |
4.3.2 High initial cost of purchasing rowing boats |
4.3.3 Limited availability of suitable water bodies for rowing |
5 Latvia Recreational Rowing Boats Market Trends |
6 Latvia Recreational Rowing Boats Market, By Types |
6.1 Latvia Recreational Rowing Boats Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Recreational Rowing Boats Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Recreational Rowing Boats Market Revenues & Volume, By Single Scull, 2021 - 2031F |
6.1.4 Latvia Recreational Rowing Boats Market Revenues & Volume, By Double Scull, 2021 - 2031F |
6.1.5 Latvia Recreational Rowing Boats Market Revenues & Volume, By Quad Scull, 2021 - 2031F |
6.1.6 Latvia Recreational Rowing Boats Market Revenues & Volume, By Coastal Rowing Boats, 2021 - 2031F |
6.2 Latvia Recreational Rowing Boats Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Recreational Rowing Boats Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.2.3 Latvia Recreational Rowing Boats Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.4 Latvia Recreational Rowing Boats Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.5 Latvia Recreational Rowing Boats Market Revenues & Volume, By Polyethylene, 2021 - 2031F |
6.3 Latvia Recreational Rowing Boats Market, By Propulsion Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Recreational Rowing Boats Market Revenues & Volume, By Manual, 2021 - 2031F |
6.3.3 Latvia Recreational Rowing Boats Market Revenues & Volume, By Rowing, 2021 - 2031F |
6.3.4 Latvia Recreational Rowing Boats Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.3.5 Latvia Recreational Rowing Boats Market Revenues & Volume, By Motor-Assisted, 2021 - 2031F |
6.4 Latvia Recreational Rowing Boats Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Recreational Rowing Boats Market Revenues & Volume, By Personal Use, 2021 - 2031F |
6.4.3 Latvia Recreational Rowing Boats Market Revenues & Volume, By Sports Teams, 2021 - 2031F |
6.4.4 Latvia Recreational Rowing Boats Market Revenues & Volume, By Racing, 2021 - 2031F |
6.4.5 Latvia Recreational Rowing Boats Market Revenues & Volume, By Adventure Tourism, 2021 - 2031F |
7 Latvia Recreational Rowing Boats Market Import-Export Trade Statistics |
7.1 Latvia Recreational Rowing Boats Market Export to Major Countries |
7.2 Latvia Recreational Rowing Boats Market Imports from Major Countries |
8 Latvia Recreational Rowing Boats Market Key Performance Indicators |
8.1 Average number of participants in rowing events |
8.2 Number of rowing clubs and associations in Latvia |
8.3 Participation rate in rowing competitions |
8.4 Average age of recreational rowers |
8.5 Frequency of rowing boat rentals |
9 Latvia Recreational Rowing Boats Market - Opportunity Assessment |
9.1 Latvia Recreational Rowing Boats Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Recreational Rowing Boats Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Recreational Rowing Boats Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.4 Latvia Recreational Rowing Boats Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Recreational Rowing Boats Market - Competitive Landscape |
10.1 Latvia Recreational Rowing Boats Market Revenue Share, By Companies, 2024 |
10.2 Latvia Recreational Rowing Boats Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |