| Product Code: ETC7923606 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the import shipments of lead acid batteries for two-wheelers in Latvia continued to show promising growth, with a notable CAGR of 16.14% from 2020 to 2024. The top exporting countries such as Czechia, Poland, Germany, Lithuania, and Finland played a significant role in supplying these batteries to Latvia. The moderate concentration level indicated by the HHI suggests a competitive market landscape. Moreover, the impressive growth rate of 26.41% from 2023 to 2024 highlights the increasing demand for two-wheeler batteries in the Latvian market.

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 Two Wheeler Lead Acid Batteries Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Two Wheeler Lead Acid Batteries Market - Industry Life Cycle |
3.4 Latvia Two Wheeler Lead Acid Batteries Market - Porter's Five Forces |
3.5 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Two Wheeler Lead Acid Batteries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for two-wheelers in Latvia |
4.2.2 Growing focus on environmental sustainability leading to higher adoption of lead acid batteries |
4.2.3 Government initiatives promoting the use of electric vehicles and supporting battery technology development |
4.3 Market Restraints |
4.3.1 Competition from alternative battery technologies such as lithium-ion batteries |
4.3.2 Fluctuating raw material prices impacting battery manufacturing costs |
4.3.3 Limited availability of recycling infrastructure for lead acid batteries |
5 Latvia Two Wheeler Lead Acid Batteries Market Trends |
6 Latvia Two Wheeler Lead Acid Batteries Market, By Types |
6.1 Latvia Two Wheeler Lead Acid Batteries Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, By VRLA Batteries, 2021- 2031F |
6.1.4 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, By Flooded Batteries, 2021- 2031F |
6.2 Latvia Two Wheeler Lead Acid Batteries Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, By Motorcycles, 2021- 2031F |
6.2.3 Latvia Two Wheeler Lead Acid Batteries Market Revenues & Volume, By Scooters, 2021- 2031F |
7 Latvia Two Wheeler Lead Acid Batteries Market Import-Export Trade Statistics |
7.1 Latvia Two Wheeler Lead Acid Batteries Market Export to Major Countries |
7.2 Latvia Two Wheeler Lead Acid Batteries Market Imports from Major Countries |
8 Latvia Two Wheeler Lead Acid Batteries Market Key Performance Indicators |
8.1 Average lifespan of lead acid batteries in two-wheelers |
8.2 Recycling rate of lead acid batteries in the market |
8.3 Adoption rate of electric two-wheelers using lead acid batteries |
9 Latvia Two Wheeler Lead Acid Batteries Market - Opportunity Assessment |
9.1 Latvia Two Wheeler Lead Acid Batteries Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Two Wheeler Lead Acid Batteries Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Two Wheeler Lead Acid Batteries Market - Competitive Landscape |
10.1 Latvia Two Wheeler Lead Acid Batteries Market Revenue Share, By Companies, 2024 |
10.2 Latvia Two Wheeler Lead Acid Batteries Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |