| Product Code: ETC7920864 | 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 SLI batteries to Latvia in 2024 continued to show steady growth, with top exporting countries including Czechia, Poland, Germany, Lithuania, and Finland. The market remained moderately concentrated, as indicated by the HHI. The impressive compound annual growth rate (CAGR) of 16.14% from 2020 to 2024 highlights the increasing demand for SLI batteries in Latvia. Moreover, the notable growth rate of 26.41% from 2023 to 2024 suggests a promising outlook for the industry in the coming years.

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 SLI Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia SLI Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia SLI Battery Market - Industry Life Cycle |
3.4 Latvia SLI Battery Market - Porter's Five Forces |
3.5 Latvia SLI Battery Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia SLI Battery Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia SLI Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Growing awareness about the benefits of SLI batteries |
4.2.3 Government initiatives promoting the use of eco-friendly energy solutions |
4.3 Market Restraints |
4.3.1 High initial cost of SLI batteries |
4.3.2 Limited availability of recycling facilities for SLI batteries |
5 Latvia SLI Battery Market Trends |
6 Latvia SLI Battery Market, By Types |
6.1 Latvia SLI Battery Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia SLI Battery Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia SLI Battery Market Revenues & Volume, By Flooded, 2021- 2031F |
6.1.4 Latvia SLI Battery Market Revenues & Volume, By EFB, 2021- 2031F |
6.1.5 Latvia SLI Battery Market Revenues & Volume, By VRLA (AGM and GEL), 2021- 2031F |
6.2 Latvia SLI Battery Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia SLI Battery Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Latvia SLI Battery Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 Latvia SLI Battery Market Import-Export Trade Statistics |
7.1 Latvia SLI Battery Market Export to Major Countries |
7.2 Latvia SLI Battery Market Imports from Major Countries |
8 Latvia SLI Battery Market Key Performance Indicators |
8.1 Number of electric vehicles registered in Latvia |
8.2 Percentage increase in sales of SLI batteries year-over-year |
8.3 Number of government incentives and subsidies supporting the adoption of eco-friendly energy solutions |
8.4 Average lifespan of SLI batteries in the market |
8.5 Percentage of SLI batteries being recycled properly |
9 Latvia SLI Battery Market - Opportunity Assessment |
9.1 Latvia SLI Battery Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia SLI Battery Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia SLI Battery Market - Competitive Landscape |
10.1 Latvia SLI Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia SLI Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |