| Product Code: ETC7920812 | 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 |
Latvia`s rowing machines import market saw a significant increase in diversity in 2024, with Italy, Lithuania, Poland, China, and Slovakia emerging as the top exporting countries. The market concentration, as measured by the HHI, decreased from low to very low in 2024, indicating a more competitive landscape. With a strong compound annual growth rate (CAGR) of 7.11% from 2020 to 2024 and a notable growth rate of 24.08% in 2024, the Latvia rowing machines import market is showing promising signs of expansion and opportunity for both domestic consumers and international suppliers.

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 Rowing Machines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rowing Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rowing Machines Market - Industry Life Cycle |
3.4 Latvia Rowing Machines Market - Porter's Five Forces |
3.5 Latvia Rowing Machines Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Rowing Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of physical fitness and home workouts |
4.2.2 Growing focus on overall health and wellness among the population |
4.2.3 Rise in disposable income leading to higher spending on home fitness equipment |
4.3 Market Restraints |
4.3.1 Limited space in homes for larger fitness equipment like rowing machines |
4.3.2 High initial cost of purchasing rowing machines may deter some potential customers |
4.3.3 Availability of alternative forms of exercise equipment in the market |
5 Latvia Rowing Machines Market Trends |
6 Latvia Rowing Machines Market, By Types |
6.1 Latvia Rowing Machines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rowing Machines Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Rowing Machines Market Revenues & Volume, By Air, 2021- 2031F |
6.1.4 Latvia Rowing Machines Market Revenues & Volume, By Water, 2021- 2031F |
6.1.5 Latvia Rowing Machines Market Revenues & Volume, By Magnetic, 2021- 2031F |
6.1.6 Latvia Rowing Machines Market Revenues & Volume, By Hydraulic, 2021- 2031F |
7 Latvia Rowing Machines Market Import-Export Trade Statistics |
7.1 Latvia Rowing Machines Market Export to Major Countries |
7.2 Latvia Rowing Machines Market Imports from Major Countries |
8 Latvia Rowing Machines Market Key Performance Indicators |
8.1 Average monthly website traffic to online stores selling rowing machines |
8.2 Number of social media mentions and engagements related to rowing machines in Latvia |
8.3 Percentage increase in the number of gyms and fitness centers offering rowing machine classes |
9 Latvia Rowing Machines Market - Opportunity Assessment |
9.1 Latvia Rowing Machines Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Rowing Machines Market - Competitive Landscape |
10.1 Latvia Rowing Machines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rowing Machines 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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