| 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 |
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.

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 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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