Latvia Rocket & Missile Market (2025-2031) | Segmentation, Growth, Size, Forecast, Value, Outlook, Analysis, Trends, Industry, Revenue, Companies & Share

Market Forecast By Type (Missile, Rocket), By Launch Mode (Surface-to-Surface (SSM), Surface-to-Air (SAM), Air-to-Surface (ASM), Air-to-Air (AAM), Subsea-to-Surface (SuSM)), By Propulsion (Solid Propulsion, Liquid Propulsion, Hybrid Propulsion, Ramjet, Turbojet, Scramjet) And Competitive Landscape
Product Code: ETC4709318 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 Rocket & Missile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s rocket and missile import shipments in 2024 continued to show strong growth, with top exporting countries including Germany, Norway, Finland, Estonia, and Belgium. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 45.75%, with a notable growth rate of 48.91% from 2023 to 2024. This data suggests a robust and dynamic market for rocket and missile imports in Latvia, driven by strategic partnerships with key exporting nations.

Latvia Rocket & Missile Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Rocket & Missile Market Outlook
  • Market Size of Latvia Rocket & Missile Market, 2024
  • Forecast of Latvia Rocket & Missile Market, 2031
  • Historical Data and Forecast of Latvia Rocket & Missile Revenues & Volume for the Period 2021-2031
  • Latvia Rocket & Missile Market Trend Evolution
  • Latvia Rocket & Missile Market Drivers and Challenges
  • Latvia Rocket & Missile Price Trends
  • Latvia Rocket & Missile Porter`s Five Forces
  • Latvia Rocket & Missile Industry Life Cycle
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Missile for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Rocket for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Launch Mode for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Surface-to-Surface (SSM) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Surface-to-Air (SAM) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Air-to-Surface (ASM) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Air-to-Air (AAM) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Subsea-to-Surface (SuSM) for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Propulsion for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Solid Propulsion for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Liquid Propulsion for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Hybrid Propulsion for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Ramjet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Turbojet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Rocket & Missile Market Revenues & Volume By Scramjet for the Period 2021-2031
  • Latvia Rocket & Missile Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Launch Mode
  • Market Opportunity Assessment By Propulsion
  • Latvia Rocket & Missile Top Companies Market Share
  • Latvia Rocket & Missile Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Rocket & Missile Company Profiles
  • Latvia Rocket & Missile Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Rocket & Missile 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 Rocket & Missile Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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Export potential assessment - trade Analytics for 2030

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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