| Product Code: ETC7921390 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s single cell battery import market continued to see a moderate concentration, with top exporting countries being Estonia, Germany, Poland, Lithuania, and Czechia. The negative Compound Annual Growth Rate (CAGR) of -8.23% from 2020 to 2024 indicates a challenging market environment. Furthermore, the sharp decline in growth rate from 2023 to 2024 at -52.6% suggests a significant slowdown in import demand. It will be crucial for market players to closely monitor these trends and adapt their strategies to navigate the changing landscape effectively.

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 Single Cell Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Single Cell Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Single Cell Battery Market - Industry Life Cycle |
3.4 Latvia Single Cell Battery Market - Porter's Five Forces |
3.5 Latvia Single Cell Battery Market Revenues & Volume Share, By Rechargeability, 2021 & 2031F |
3.6 Latvia Single Cell Battery Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Latvia Single Cell Battery Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Latvia Single Cell Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Single Cell Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices |
4.2.2 Growing adoption of IoT devices and wearables |
4.2.3 Government initiatives promoting energy efficiency and renewable energy sources |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative energy storage solutions |
4.3.3 Environmental concerns regarding battery disposal and recycling |
5 Latvia Single Cell Battery Market Trends |
6 Latvia Single Cell Battery Market, By Types |
6.1 Latvia Single Cell Battery Market, By Rechargeability |
6.1.1 Overview and Analysis |
6.1.2 Latvia Single Cell Battery Market Revenues & Volume, By Rechargeability, 2021- 2031F |
6.1.3 Latvia Single Cell Battery Market Revenues & Volume, By Primary Battery, 2021- 2031F |
6.1.4 Latvia Single Cell Battery Market Revenues & Volume, By Secondary Battery, 2021- 2031F |
6.2 Latvia Single Cell Battery Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Latvia Single Cell Battery Market Revenues & Volume, By Cathode, 2021- 2031F |
6.2.3 Latvia Single Cell Battery Market Revenues & Volume, By Anode, 2021- 2031F |
6.2.4 Latvia Single Cell Battery Market Revenues & Volume, By Solid Electrolyte, 2021- 2031F |
6.2.5 Latvia Single Cell Battery Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Single Cell Battery Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Single Cell Battery Market Revenues & Volume, By Below 20 Mah, 2021- 2031F |
6.3.3 Latvia Single Cell Battery Market Revenues & Volume, By Between 20 Mah, 2021- 2031F |
6.3.4 Latvia Single Cell Battery Market Revenues & Volume, By 500 Mah, 2021- 2031F |
6.3.5 Latvia Single Cell Battery Market Revenues & Volume, By Above 500 Mah, 2021- 2031F |
6.4 Latvia Single Cell Battery Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Single Cell Battery Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.4.3 Latvia Single Cell Battery Market Revenues & Volume, By Electric Vehicles, 2021- 2031F |
6.4.4 Latvia Single Cell Battery Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.4.5 Latvia Single Cell Battery Market Revenues & Volume, By Energy Harvesting, 2021- 2031F |
6.4.6 Latvia Single Cell Battery Market Revenues & Volume, By Wireless Sensors, 2021- 2031F |
6.4.7 Latvia Single Cell Battery Market Revenues & Volume, By Packaging, 2021- 2031F |
7 Latvia Single Cell Battery Market Import-Export Trade Statistics |
7.1 Latvia Single Cell Battery Market Export to Major Countries |
7.2 Latvia Single Cell Battery Market Imports from Major Countries |
8 Latvia Single Cell Battery Market Key Performance Indicators |
8.1 Average selling price (ASP) of single cell batteries |
8.2 Adoption rate of rechargeable single cell batteries |
8.3 Percentage of single cell batteries sourced from sustainable materials |
9 Latvia Single Cell Battery Market - Opportunity Assessment |
9.1 Latvia Single Cell Battery Market Opportunity Assessment, By Rechargeability, 2021 & 2031F |
9.2 Latvia Single Cell Battery Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Latvia Single Cell Battery Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Latvia Single Cell Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Single Cell Battery Market - Competitive Landscape |
10.1 Latvia Single Cell Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Single Cell Battery 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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