| 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 |