| Product Code: ETC5588030 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The solid state drives import shipments to Latvia in 2024 were primarily sourced from China, Australia, Slovakia, Hungary, and Taiwan, Province of China. The market shows a low concentration level, indicating diversified sources of imports. Despite a negative growth rate from 2023 to 2024, the overall compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 0.59%. This suggests a stable market for solid state drives in Latvia, with potential for continued growth and development 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 Drives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solid State Drives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solid State Drives Market - Industry Life Cycle |
3.4 Latvia Solid State Drives Market - Porter's Five Forces |
3.5 Latvia Solid State Drives Market Revenues & Volume Share, By Form Factor , 2021 & 2031F |
3.6 Latvia Solid State Drives Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Solid State Drives Market Revenues & Volume Share, By Interface , 2021 & 2031F |
3.8 Latvia Solid State Drives Market Revenues & Volume Share, By Storage? , 2021 & 2031F |
3.9 Latvia Solid State Drives Market Revenues & Volume Share, By End-User? , 2021 & 2031F |
4 Latvia Solid State Drives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance storage solutions in consumer electronics and data centers. |
4.2.2 Growing adoption of cloud computing and big data analytics requiring faster data processing speeds. |
4.2.3 Technological advancements leading to higher storage capacities and improved performance of solid state drives. |
4.3 Market Restraints |
4.3.1 High initial cost compared to traditional hard disk drives may deter price-sensitive consumers. |
4.3.2 Limited awareness and education about the benefits of solid state drives among potential customers. |
4.3.3 Potential supply chain disruptions impacting the availability of components and finished products. |
5 Latvia Solid State Drives Market Trends |
6 Latvia Solid State Drives Market Segmentations |
6.1 Latvia Solid State Drives Market, By Form Factor |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solid State Drives Market Revenues & Volume, By 1.8? |
6.1.3 Latvia Solid State Drives Market Revenues & Volume, By 3.5? |
6.1.4 Latvia Solid State Drives Market Revenues & Volume, By M.2, 2021-2031F |
6.1.5 Latvia Solid State Drives Market Revenues & Volume, By U.2 (SFF 8639), 2021-2031F |
6.1.6 Latvia Solid State Drives Market Revenues & Volume, By FHHL and HHHL, 2021-2031F |
6.2 Latvia Solid State Drives Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solid State Drives Market Revenues & Volume, By SLC, 2021-2031F |
6.2.3 Latvia Solid State Drives Market Revenues & Volume, By MLC Planar, 2021-2031F |
6.2.4 Latvia Solid State Drives Market Revenues & Volume, By MLC 3D, 2021-2031F |
6.2.5 Latvia Solid State Drives Market Revenues & Volume, By TLC Planar, 2021-2031F |
6.2.6 Latvia Solid State Drives Market Revenues & Volume, By TLC 3D, 2021-2031F |
6.3 Latvia Solid State Drives Market, By Interface |
6.3.1 Overview and Analysis |
6.3.2 Latvia Solid State Drives Market Revenues & Volume, By SATA, 2021-2031F |
6.3.3 Latvia Solid State Drives Market Revenues & Volume, By SAS, 2021-2031F |
6.3.4 Latvia Solid State Drives Market Revenues & Volume, By PCIe, 2021-2031F |
6.4 Latvia Solid State Drives Market, By Storage? |
6.4.1 Overview and Analysis |
6.4.2 Latvia Solid State Drives Market Revenues & Volume, By Under 500 GB, 2021-2031F |
6.4.3 Latvia Solid State Drives Market Revenues & Volume, By 500 GB? ??1 TB, 2021-2031F |
6.4.4 Latvia Solid State Drives Market Revenues & Volume, By 1 TB ? ?? 2 TB, 2021-2031F |
6.4.5 Latvia Solid State Drives Market Revenues & Volume, By Above 2 TB, 2021-2031F |
6.5 Latvia Solid State Drives Market, By End-User? |
6.5.1 Overview and Analysis |
6.5.2 Latvia Solid State Drives Market Revenues & Volume, By Enterprise, 2021-2031F |
6.5.3 Latvia Solid State Drives Market Revenues & Volume, By Client, 2021-2031F |
6.5.4 Latvia Solid State Drives Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.5 Latvia Solid State Drives Market Revenues & Volume, By Automotive, 2021-2031F |
7 Latvia Solid State Drives Market Import-Export Trade Statistics |
7.1 Latvia Solid State Drives Market Export to Major Countries |
7.2 Latvia Solid State Drives Market Imports from Major Countries |
8 Latvia Solid State Drives Market Key Performance Indicators |
8.1 Average read/write speeds of solid state drives in Latvia. |
8.2 Adoption rate of solid state drives in new consumer electronics devices. |
8.3 Number of data centers in Latvia transitioning to solid state drives for storage solutions. |
9 Latvia Solid State Drives Market - Opportunity Assessment |
9.1 Latvia Solid State Drives Market Opportunity Assessment, By Form Factor , 2021 & 2031F |
9.2 Latvia Solid State Drives Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Solid State Drives Market Opportunity Assessment, By Interface , 2021 & 2031F |
9.4 Latvia Solid State Drives Market Opportunity Assessment, By Storage? , 2021 & 2031F |
9.5 Latvia Solid State Drives Market Opportunity Assessment, By End-User? , 2021 & 2031F |
10 Latvia Solid State Drives Market - Competitive Landscape |
10.1 Latvia Solid State Drives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solid State Drives 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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