| Product Code: ETC5821179 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
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 Yacht Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yacht Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yacht Market - Industry Life Cycle |
3.4 Latvia Yacht Market - Porter's Five Forces |
3.5 Latvia Yacht Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Yacht Market Revenues & Volume Share, By Length, 2021 & 2031F |
4 Latvia Yacht Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among individuals in Latvia, leading to higher spending on leisure activities such as yachting. |
4.2.2 Growing popularity of yacht tourism in Latvia, attracting tourists and locals alike to explore the country's coastal areas. |
4.2.3 Government initiatives and investments in developing marine infrastructure and promoting recreational boating activities. |
4.3 Market Restraints |
4.3.1 Seasonal nature of yachting in Latvia, with limited activity during the colder months affecting overall market growth. |
4.3.2 High initial costs and ongoing maintenance expenses associated with yacht ownership, potentially limiting the market size. |
4.3.3 Environmental regulations and sustainability concerns impacting yacht operations and usage in Latvia. |
5 Latvia Yacht Market Trends |
6 Latvia Yacht Market Segmentations |
6.1 Latvia Yacht Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yacht Market Revenues & Volume, By Super yacht, 2021-2031F |
6.1.3 Latvia Yacht Market Revenues & Volume, By Flybridge yacht, 2021-2031F |
6.1.4 Latvia Yacht Market Revenues & Volume, By Sport yacht, 2021-2031F |
6.1.5 Latvia Yacht Market Revenues & Volume, By Long range yacht, 2021-2031F |
6.1.6 Latvia Yacht Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Yacht Market, By Length |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yacht Market Revenues & Volume, By Up to 20 ft, 2021-2031F |
6.2.3 Latvia Yacht Market Revenues & Volume, By 20 to 50 ft, 2021-2031F |
6.2.4 Latvia Yacht Market Revenues & Volume, By Above 50 ft, 2021-2031F |
7 Latvia Yacht Market Import-Export Trade Statistics |
7.1 Latvia Yacht Market Export to Major Countries |
7.2 Latvia Yacht Market Imports from Major Countries |
8 Latvia Yacht Market Key Performance Indicators |
8.1 Average number of yacht registrations per year in Latvia. |
8.2 Utilization rate of marinas and docking facilities along the Latvian coast. |
8.3 Number of yacht charter bookings and revenue generated from yacht rental services. |
8.4 Customer satisfaction scores and feedback from yacht owners and tourists using yachting services in Latvia. |
8.5 Percentage of yacht clubs and associations reporting an increase in membership and participation in yachting events. |
9 Latvia Yacht Market - Opportunity Assessment |
9.1 Latvia Yacht Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Yacht Market Opportunity Assessment, By Length, 2021 & 2031F |
10 Latvia Yacht Market - Competitive Landscape |
10.1 Latvia Yacht Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yacht 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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