| Product Code: ETC10340149 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The solid propulsion import shipments of rockets in Latvia saw a significant increase in concentration levels in 2024, with Lithuania, Poland, Turkey, Switzerland, and Estonia being the top exporting countries. The high concentration indicates a strong market presence of these suppliers. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 is quite impressive at 21.64%, suggesting a positive trend in the industry over the years. The dynamic shifts in concentration levels and growth rates indicate a constantly evolving market for solid propulsion imports 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 Rocket Solid Propulsion Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rocket Solid Propulsion Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rocket Solid Propulsion Market - Industry Life Cycle |
3.4 Latvia Rocket Solid Propulsion Market - Porter's Five Forces |
3.5 Latvia Rocket Solid Propulsion Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rocket Solid Propulsion Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Latvia Rocket Solid Propulsion Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Rocket Solid Propulsion Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Rocket Solid Propulsion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for satellite launches and space exploration missions |
4.2.2 Technological advancements in rocket propulsion systems |
4.2.3 Government investments in the aerospace industry |
4.3 Market Restraints |
4.3.1 High development and production costs |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Limited skilled workforce in the aerospace sector |
5 Latvia Rocket Solid Propulsion Market Trends |
6 Latvia Rocket Solid Propulsion Market, By Types |
6.1 Latvia Rocket Solid Propulsion Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Tactical, 2021 - 2031F |
6.1.4 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Strategic, 2021 - 2031F |
6.1.5 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Rocket Solid Propulsion Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Composite Propellant, 2021 - 2031F |
6.2.3 Latvia Rocket Solid Propulsion Market Revenues & Volume, By HTPB-Based, 2021 - 2031F |
6.2.4 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Rocket Solid Propulsion Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Military, 2021 - 2031F |
6.3.3 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Space Agencies, 2021 - 2031F |
6.3.4 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Rocket Solid Propulsion Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Missile Systems, 2021 - 2031F |
6.4.3 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Satellite Launches, 2021 - 2031F |
6.4.4 Latvia Rocket Solid Propulsion Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Rocket Solid Propulsion Market Import-Export Trade Statistics |
7.1 Latvia Rocket Solid Propulsion Market Export to Major Countries |
7.2 Latvia Rocket Solid Propulsion Market Imports from Major Countries |
8 Latvia Rocket Solid Propulsion Market Key Performance Indicators |
8.1 Research and development investment in new propulsion technologies |
8.2 Number of successful satellite launches using Latvia rocket solid propulsion systems |
8.3 Rate of adoption of environmentally-friendly propulsion solutions |
8.4 Availability of government funding for aerospace projects |
8.5 Percentage increase in the number of aerospace engineering graduates |
9 Latvia Rocket Solid Propulsion Market - Opportunity Assessment |
9.1 Latvia Rocket Solid Propulsion Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rocket Solid Propulsion Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Latvia Rocket Solid Propulsion Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Rocket Solid Propulsion Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Rocket Solid Propulsion Market - Competitive Landscape |
10.1 Latvia Rocket Solid Propulsion Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rocket Solid Propulsion 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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