| Product Code: ETC11292853 | 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 warehousing import shipments to Latvia in 2024 show a significant increase in concentration, with the top exporting countries being Poland, Lithuania, Austria, Estonia, and Germany. The high Herfindahl-Hirschman Index (HHI) in 2023 has now escalated to very high concentration in 2024, indicating a competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 is a steady 5.67%, while the impressive growth rate from 2023 to 2024 stands at 31.77%. These trends suggest a thriving import market in Latvia`s warehousing sector, with strong contributions from key trading partners.

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 Warehousing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Warehousing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Warehousing Market - Industry Life Cycle |
3.4 Latvia Warehousing Market - Porter's Five Forces |
3.5 Latvia Warehousing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Warehousing Market Revenues & Volume Share, By Storage Type, 2021 & 2031F |
3.7 Latvia Warehousing Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Warehousing Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Warehousing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Warehousing Market Trends |
6 Latvia Warehousing Market, By Types |
6.1 Latvia Warehousing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Warehousing Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Warehousing Market Revenues & Volume, By Public, 2021 - 2031F |
6.1.4 Latvia Warehousing Market Revenues & Volume, By Private, 2021 - 2031F |
6.1.5 Latvia Warehousing Market Revenues & Volume, By Bonded, 2021 - 2031F |
6.1.6 Latvia Warehousing Market Revenues & Volume, By Smart, 2021 - 2031F |
6.1.7 Latvia Warehousing Market Revenues & Volume, By Automated, 2021 - 2031F |
6.2 Latvia Warehousing Market, By Storage Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Warehousing Market Revenues & Volume, By General Storage, 2021 - 2031F |
6.2.3 Latvia Warehousing Market Revenues & Volume, By Cold Storage, 2021 - 2031F |
6.2.4 Latvia Warehousing Market Revenues & Volume, By Hazardous Goods, 2021 - 2031F |
6.2.5 Latvia Warehousing Market Revenues & Volume, By Bulk Storage, 2021 - 2031F |
6.2.6 Latvia Warehousing Market Revenues & Volume, By Rack Storage, 2021 - 2031F |
6.3 Latvia Warehousing Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Warehousing Market Revenues & Volume, By E-commerce, 2021 - 2031F |
6.3.3 Latvia Warehousing Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.4 Latvia Warehousing Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Latvia Warehousing Market Revenues & Volume, By Pharma, 2021 - 2031F |
6.3.6 Latvia Warehousing Market Revenues & Volume, By FMCG, 2021 - 2031F |
6.4 Latvia Warehousing Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Warehousing Market Revenues & Volume, By Inventory Management, 2021 - 2031F |
6.4.3 Latvia Warehousing Market Revenues & Volume, By Distribution, 2021 - 2031F |
6.4.4 Latvia Warehousing Market Revenues & Volume, By Manufacturing Support, 2021 - 2031F |
6.4.5 Latvia Warehousing Market Revenues & Volume, By Supply Chain Optimization, 2021 - 2031F |
6.4.6 Latvia Warehousing Market Revenues & Volume, By Logistics, 2021 - 2031F |
7 Latvia Warehousing Market Import-Export Trade Statistics |
7.1 Latvia Warehousing Market Export to Major Countries |
7.2 Latvia Warehousing Market Imports from Major Countries |
8 Latvia Warehousing Market Key Performance Indicators |
9 Latvia Warehousing Market - Opportunity Assessment |
9.1 Latvia Warehousing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Warehousing Market Opportunity Assessment, By Storage Type, 2021 & 2031F |
9.3 Latvia Warehousing Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Warehousing Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Warehousing Market - Competitive Landscape |
10.1 Latvia Warehousing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Warehousing 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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