| Product Code: ETC10290229 | 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 |
In 2024, Latvia`s import shipments of solid state drives continued to see a diverse mix of suppliers, with China, Australia, Slovakia, Hungary, and Taiwan, Province of China being the top exporting countries. The market showed a low concentration level, indicating a healthy level of competition among suppliers. Despite a slight decline in growth rate from the previous year, the overall compound annual growth rate (CAGR) remained positive at 0.59% for the period of 2020-2024. This suggests a stable demand for solid state drives in Latvia, with opportunities for continued market expansion 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 Solid State Drive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solid State Drive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solid State Drive Market - Industry Life Cycle |
3.4 Latvia Solid State Drive Market - Porter's Five Forces |
3.5 Latvia Solid State Drive Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Solid State Drive Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
3.7 Latvia Solid State Drive Market Revenues & Volume Share, By Interface, 2021 & 2031F |
3.8 Latvia Solid State Drive Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Solid State Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Solid State Drive Market Trends |
6 Latvia Solid State Drive Market, By Types |
6.1 Latvia Solid State Drive Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solid State Drive Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Solid State Drive Market Revenues & Volume, By SATA SSD, 2021 - 2031F |
6.1.4 Latvia Solid State Drive Market Revenues & Volume, By NVMe SSD, 2021 - 2031F |
6.1.5 Latvia Solid State Drive Market Revenues & Volume, By External SSD, 2021 - 2031F |
6.1.6 Latvia Solid State Drive Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Solid State Drive Market, By Form Factor |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solid State Drive Market Revenues & Volume, By 2.5 inch, 2021 - 2031F |
6.2.3 Latvia Solid State Drive Market Revenues & Volume, By M.2, 2021 - 2031F |
6.2.4 Latvia Solid State Drive Market Revenues & Volume, By USB 3.2, 2021 - 2031F |
6.2.5 Latvia Solid State Drive Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Solid State Drive Market, By Interface |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solid State Drive Market Revenues & Volume, By SATA III, 2021 - 2031F |
6.3.3 Latvia Solid State Drive Market Revenues & Volume, By PCIe 4.0, 2021 - 2031F |
6.3.4 Latvia Solid State Drive Market Revenues & Volume, By Thunderbolt, 2021 - 2031F |
6.3.5 Latvia Solid State Drive Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Solid State Drive Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Solid State Drive Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.3 Latvia Solid State Drive Market Revenues & Volume, By Enterprise Storage, 2021 - 2031F |
6.4.4 Latvia Solid State Drive Market Revenues & Volume, By Gaming, 2021 - 2031F |
6.4.5 Latvia Solid State Drive Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Solid State Drive Market Import-Export Trade Statistics |
7.1 Latvia Solid State Drive Market Export to Major Countries |
7.2 Latvia Solid State Drive Market Imports from Major Countries |
8 Latvia Solid State Drive Market Key Performance Indicators |
9 Latvia Solid State Drive Market - Opportunity Assessment |
9.1 Latvia Solid State Drive Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Solid State Drive Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
9.3 Latvia Solid State Drive Market Opportunity Assessment, By Interface, 2021 & 2031F |
9.4 Latvia Solid State Drive Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Solid State Drive Market - Competitive Landscape |
10.1 Latvia Solid State Drive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solid State Drive 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.
To discover high-growth global markets and optimize your business strategy:
Click Here