| Product Code: ETC10281973 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of solar panel mounting structures to Latvia in 2024 continued to show a high concentration, with a significant increase from the previous year. Poland, Lithuania, Austria, Estonia, and Germany were the top exporting countries to Latvia. The compound annual growth rate (CAGR) for the period 2020-2024 was a steady 5.67%, while the growth rate from 2023 to 2024 surged impressively by 31.77%. This data indicates a growing demand for solar energy infrastructure in Latvia, with key suppliers expanding their market share in the country.

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 Solar Panel Mounting Structure Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solar Panel Mounting Structure Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solar Panel Mounting Structure Market - Industry Life Cycle |
3.4 Latvia Solar Panel Mounting Structure Market - Porter's Five Forces |
3.5 Latvia Solar Panel Mounting Structure Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Solar Panel Mounting Structure Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Solar Panel Mounting Structure Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Solar Panel Mounting Structure Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Solar Panel Mounting Structure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Solar Panel Mounting Structure Market Trends |
6 Latvia Solar Panel Mounting Structure Market, By Types |
6.1 Latvia Solar Panel Mounting Structure Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Fixed Mounting, 2021 - 2031F |
6.1.4 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Adjustable Mounting, 2021 - 2031F |
6.1.5 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Tracking Mounting, 2021 - 2031F |
6.1.6 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Solar Panel Mounting Structure Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.3 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.4 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Galvanized Iron, 2021 - 2031F |
6.2.5 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Solar Panel Mounting Structure Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Rooftop, 2021 - 2031F |
6.3.3 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Ground Mounted, 2021 - 2031F |
6.3.4 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Floating Solar, 2021 - 2031F |
6.3.5 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Solar Panel Mounting Structure Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Latvia Solar Panel Mounting Structure Market Revenues & Volume, By Utility Scale, 2021 - 2031F |
7 Latvia Solar Panel Mounting Structure Market Import-Export Trade Statistics |
7.1 Latvia Solar Panel Mounting Structure Market Export to Major Countries |
7.2 Latvia Solar Panel Mounting Structure Market Imports from Major Countries |
8 Latvia Solar Panel Mounting Structure Market Key Performance Indicators |
9 Latvia Solar Panel Mounting Structure Market - Opportunity Assessment |
9.1 Latvia Solar Panel Mounting Structure Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Solar Panel Mounting Structure Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Solar Panel Mounting Structure Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Solar Panel Mounting Structure Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Solar Panel Mounting Structure Market - Competitive Landscape |
10.1 Latvia Solar Panel Mounting Structure Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solar Panel Mounting Structure 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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