Latvia Rowing Oars Market (2025-2031) | Industry, Analysis, Segmentation, Outlook, Trends, Size & Revenue, Share, Value, Competitive Landscape, Growth, Forecast, Companies

Market Forecast By Material (Carbon, Wooden, Fiberglass, Aluminum, Plastic) And Competitive Landscape
Product Code: ETC7920813 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 Rowing Oars Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of rowing oars to Latvia in 2024 saw a diverse mix of top exporting countries, including Sweden, Poland, China, Lithuania, and Russia. The market showed a shift from low to moderate concentration, indicating a more competitive landscape. With a strong compound annual growth rate of 12.38% from 2020 to 2024 and an impressive growth rate of 11.59% in 2024 alone, the rowing oars market in Latvia appears to be on a steady upward trajectory, presenting opportunities for both local businesses and foreign exporters.

Latvia Rowing Oars Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Rowing Oars Market Outlook
  • Market Size of Latvia Rowing Oars Market, 2024
  • Forecast of Latvia Rowing Oars Market, 2031
  • Historical Data and Forecast of Latvia Rowing Oars Revenues & Volume for the Period 2021- 2031
  • Latvia Rowing Oars Market Trend Evolution
  • Latvia Rowing Oars Market Drivers and Challenges
  • Latvia Rowing Oars Price Trends
  • Latvia Rowing Oars Porter's Five Forces
  • Latvia Rowing Oars Industry Life Cycle
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Material for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Carbon for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Wooden for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Fiberglass for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Aluminum for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Rowing Oars Market Revenues & Volume By Plastic for the Period 2021- 2031
  • Latvia Rowing Oars Import Export Trade Statistics
  • Market Opportunity Assessment By Material
  • Latvia Rowing Oars Top Companies Market Share
  • Latvia Rowing Oars Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Rowing Oars Company Profiles
  • Latvia Rowing Oars Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Rowing Oars 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 Rowing Oars Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Oars Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Rowing Oars Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Rowing Oars Market - Industry Life Cycle

3.4 Latvia Rowing Oars Market - Porter's Five Forces

3.5 Latvia Rowing Oars Market Revenues & Volume Share, By Material, 2021 & 2031F

4 Latvia Rowing Oars Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing popularity of rowing as a recreational and competitive sport in Latvia

4.2.2 Growing focus on health and fitness, leading to higher demand for rowing equipment

4.2.3 Government initiatives promoting sports and outdoor activities

4.3 Market Restraints

4.3.1 Seasonal nature of rowing, with higher demand during specific times of the year

4.3.2 Limited availability of high-quality raw materials for manufacturing rowing oars

4.3.3 Competition from other water sports equipment impacting market growth

5 Latvia Rowing Oars Market Trends

6 Latvia Rowing Oars Market, By Types

6.1 Latvia Rowing Oars Market, By Material

6.1.1 Overview and Analysis

6.1.2 Latvia Rowing Oars Market Revenues & Volume, By Material, 2021- 2031F

6.1.3 Latvia Rowing Oars Market Revenues & Volume, By Carbon, 2021- 2031F

6.1.4 Latvia Rowing Oars Market Revenues & Volume, By Wooden, 2021- 2031F

6.1.5 Latvia Rowing Oars Market Revenues & Volume, By Fiberglass, 2021- 2031F

6.1.6 Latvia Rowing Oars Market Revenues & Volume, By Aluminum, 2021- 2031F

6.1.7 Latvia Rowing Oars Market Revenues & Volume, By Plastic, 2021- 2031F

7 Latvia Rowing Oars Market Import-Export Trade Statistics

7.1 Latvia Rowing Oars Market Export to Major Countries

7.2 Latvia Rowing Oars Market Imports from Major Countries

8 Latvia Rowing Oars Market Key Performance Indicators

8.1 Average utilization rate of rowing clubs and facilities

8.2 Number of rowing events and competitions held annually in Latvia

8.3 Percentage of population engaging in rowing activities

8.4 Innovation rate in rowing oar design and technology adoption

8.5 Customer satisfaction and feedback on the quality and performance of rowing oars

9 Latvia Rowing Oars Market - Opportunity Assessment

9.1 Latvia Rowing Oars Market Opportunity Assessment, By Material, 2021 & 2031F

10 Latvia Rowing Oars Market - Competitive Landscape

10.1 Latvia Rowing Oars Market Revenue Share, By Companies, 2024

10.2 Latvia Rowing Oars Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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