| Product Code: ETC7921518 | 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 |
In 2024, Latvia`s small and medium caliber ammunition import market saw a significant concentration of shipments from top exporting countries such as Switzerland, Italy, Estonia, Lithuania, and the UK. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with an 11.97% increase from the previous year. This suggests a potential shift or expansion in Latvia`s ammunition import landscape, warranting further analysis to understand the underlying factors driving this growth.

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 & Medium Caliber Ammunition Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Small & Medium Caliber Ammunition Market - Industry Life Cycle |
3.4 Latvia Small & Medium Caliber Ammunition Market - Porter's Five Forces |
3.5 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Small & Medium Caliber Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing military budget and modernization efforts in Latvia |
4.2.2 Rising demand for small and medium caliber ammunition due to geopolitical tensions in the region |
4.2.3 Growing focus on domestic production and self-sustainability in defense capabilities |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements for the manufacturing and trade of ammunition |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Competition from international ammunition suppliers offering lower prices |
5 Latvia Small & Medium Caliber Ammunition Market Trends |
6 Latvia Small & Medium Caliber Ammunition Market, By Types |
6.1 Latvia Small & Medium Caliber Ammunition Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 7.62 x 39 mm, 2021- 2031F |
6.1.4 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 7.62 x 54 mm, 2021- 2031F |
6.1.5 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 30 x 165 mm, 2021- 2031F |
6.1.6 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 23 x 115 mm, 2021- 2031F |
6.1.7 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 23 x 152 mm, 2021- 2031F |
6.1.8 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By 12.7 x 108 mm, 2021- 2031F |
6.1.9 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Latvia Small & Medium Caliber Ammunition Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Small & Medium Caliber Ammunition Market Import-Export Trade Statistics |
7.1 Latvia Small & Medium Caliber Ammunition Market Export to Major Countries |
7.2 Latvia Small & Medium Caliber Ammunition Market Imports from Major Countries |
8 Latvia Small & Medium Caliber Ammunition Market Key Performance Indicators |
8.1 Percentage increase in government spending on defense and procurement of ammunition |
8.2 Number of military modernization projects initiated or completed |
8.3 Rate of growth in domestic production capacity for small and medium caliber ammunition |
9 Latvia Small & Medium Caliber Ammunition Market - Opportunity Assessment |
9.1 Latvia Small & Medium Caliber Ammunition Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Small & Medium Caliber Ammunition Market - Competitive Landscape |
10.1 Latvia Small & Medium Caliber Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Latvia Small & Medium Caliber Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |