| Product Code: ETC4801886 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s two wheeler import market saw a significant increase in concentration in 2024, with top exporting countries including Austria, Estonia, Germany, China, and Poland. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 10.08%. This data suggests a competitive market landscape with a higher degree of concentration among key exporting countries, indicating potential opportunities and challenges for market players in the industry.
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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Two Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Two Wheeler Market - Industry Life Cycle |
3.4 Latvia Two Wheeler Market - Porter's Five Forces |
3.5 Latvia Two Wheeler Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Two Wheeler Market Revenues & Volume Share, By Engine Capacity, 2021 & 2031F |
4 Latvia Two Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and traffic congestion leading to greater demand for two-wheelers as a convenient mode of transportation. |
4.2.2 Rising disposable income levels in Latvia, enabling more consumers to afford and purchase two-wheelers. |
4.2.3 Growing awareness about the benefits of using two-wheelers for commuting, such as fuel efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Stringent government regulations regarding emissions and safety standards for two-wheelers, which may increase manufacturing costs. |
4.3.2 Seasonal variations in weather conditions in Latvia, affecting the demand for two-wheelers during harsh winter months. |
4.3.3 Competition from other modes of transportation like public buses and cars, impacting the market penetration of two-wheelers. |
5 Latvia Two Wheeler Market Trends |
6 Latvia Two Wheeler Market Segmentations |
6.1 Latvia Two Wheeler Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Two Wheeler Market Revenues & Volume, By Motorcycle, 2021-2031F |
6.1.3 Latvia Two Wheeler Market Revenues & Volume, By Scooter/Moped, 2021-2031F |
6.2 Latvia Two Wheeler Market, By Engine Capacity |
6.2.1 Overview and Analysis |
6.2.2 Latvia Two Wheeler Market Revenues & Volume, By Up to 125cc, 2021-2031F |
6.2.3 Latvia Two Wheeler Market Revenues & Volume, By 126-250cc, 2021-2031F |
6.2.4 Latvia Two Wheeler Market Revenues & Volume, By 251-500cc, 2021-2031F |
6.2.5 Latvia Two Wheeler Market Revenues & Volume, By Above 500cc, 2021-2031F |
7 Latvia Two Wheeler Market Import-Export Trade Statistics |
7.1 Latvia Two Wheeler Market Export to Major Countries |
7.2 Latvia Two Wheeler Market Imports from Major Countries |
8 Latvia Two Wheeler Market Key Performance Indicators |
8.1 Average daily usage of two-wheelers in urban areas. |
8.2 Rate of adoption of electric two-wheelers in the market. |
8.3 Number of new entrants or players in the two-wheeler market offering innovative products or services. |
8.4 Customer satisfaction levels with after-sales service and maintenance of two-wheelers. |
9 Latvia Two Wheeler Market - Opportunity Assessment |
9.1 Latvia Two Wheeler Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Two Wheeler Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 Latvia Two Wheeler Market - Competitive Landscape |
10.1 Latvia Two Wheeler Market Revenue Share, By Companies, 2024 |
10.2 Latvia Two Wheeler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |