| Product Code: ETC4740972 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s small caliber ammunition import market continued to show strong growth in 2024, with top exporting countries being Italy, Estonia, Lithuania, UK, and Spain. The High Herfindahl-Hirschman Index (HHI) indicates a high level of market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 18.14%, reflecting the increasing demand for small caliber ammunition in Latvia. Furthermore, the growth rate from 2023 to 2024 surged to 28.89%, underscoring a significant uptick in import shipments during the period.
| 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 Small Caliber Ammunition Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Small Caliber Ammunition Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Small Caliber Ammunition Market - Industry Life Cycle | 
| 3.4 Latvia Small Caliber Ammunition Market - Porter's Five Forces | 
| 3.5 Latvia Small Caliber Ammunition Market Revenues & Volume Share, By Size, 2021 & 2031F | 
| 3.6 Latvia Small Caliber Ammunition Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Small Caliber Ammunition Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for small caliber ammunition due to rising concerns about personal safety and security. | 
| 4.2.2 Military modernization programs driving the procurement of small caliber ammunition. | 
| 4.2.3 Growing popularity of shooting sports and hunting activities in Latvia. | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations and licensing requirements for the purchase and ownership of small caliber ammunition. | 
| 4.3.2 Fluctuations in raw material prices impacting production costs and, in turn, pricing of small caliber ammunition. | 
| 5 Latvia Small Caliber Ammunition Market Trends | 
| 6 Latvia Small Caliber Ammunition Market Segmentations | 
| 6.1 Latvia Small Caliber Ammunition Market, By Size | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Small Caliber Ammunition Market Revenues & Volume, By 5.56mm Caliber, 2021-2031F | 
| 6.1.3 Latvia Small Caliber Ammunition Market Revenues & Volume, By 7.62mm Caliber, 2021-2031F | 
| 6.1.4 Latvia Small Caliber Ammunition Market Revenues & Volume, By 9 mm Caliber, 2021-2031F | 
| 6.1.5 Latvia Small Caliber Ammunition Market Revenues & Volume, By 12.7mm Caliber, 2021-2031F | 
| 6.2 Latvia Small Caliber Ammunition Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Small Caliber Ammunition Market Revenues & Volume, By Military, 2021-2031F | 
| 6.2.3 Latvia Small Caliber Ammunition Market Revenues & Volume, By Law Enforcement, 2021-2031F | 
| 6.2.4 Latvia Small Caliber Ammunition Market Revenues & Volume, By Civilian, 2021-2031F | 
| 7 Latvia Small Caliber Ammunition Market Import-Export Trade Statistics | 
| 7.1 Latvia Small Caliber Ammunition Market Export to Major Countries | 
| 7.2 Latvia Small Caliber Ammunition Market Imports from Major Countries | 
| 8 Latvia Small Caliber Ammunition Market Key Performance Indicators | 
| 8.1 Average utilization rate of small caliber ammunition manufacturing facilities. | 
| 8.2 Percentage of military budget allocated to small caliber ammunition procurement. | 
| 8.3 Number of shooting sports events and competitions organized in Latvia annually. | 
| 9 Latvia Small Caliber Ammunition Market - Opportunity Assessment | 
| 9.1 Latvia Small Caliber Ammunition Market Opportunity Assessment, By Size, 2021 & 2031F | 
| 9.2 Latvia Small Caliber Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Small Caliber Ammunition Market - Competitive Landscape | 
| 10.1 Latvia Small Caliber Ammunition Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Small Caliber Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |