| Product Code: ETC7906705 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s cable drum import shipments in 2024 saw significant growth, with top exporters being China, Sweden, Germany, Estonia, and Austria. The market exhibited low concentration in 2023, which further decreased in 2024, indicating a more diversified import landscape. With a healthy Compound Annual Growth Rate (CAGR) of 3.87% from 2020 to 2024 and an impressive growth rate of 54.77% from 2023 to 2024, the cable drum import market in Latvia is showing resilience and expansion, driven by imports from various key exporting countries.

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 Cable Drum Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cable Drum Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cable Drum Market - Industry Life Cycle |
3.4 Latvia Cable Drum Market - Porter's Five Forces |
3.5 Latvia Cable Drum Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.6 Latvia Cable Drum Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Cable Drum Market Revenues & Volume Share, By Mechanism, 2021 & 2031F |
3.8 Latvia Cable Drum Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Cable Drum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Cable Drum Market Trends |
6 Latvia Cable Drum Market, By Types |
6.1 Latvia Cable Drum Market, By Design |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cable Drum Market Revenues & Volume, By Design, 2021- 2031F |
6.1.3 Latvia Cable Drum Market Revenues & Volume, By Standard, 2021- 2031F |
6.1.4 Latvia Cable Drum Market Revenues & Volume, By Custom, 2021- 2031F |
6.2 Latvia Cable Drum Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cable Drum Market Revenues & Volume, By Wood, 2021- 2031F |
6.2.3 Latvia Cable Drum Market Revenues & Volume, By Plywood, 2021- 2031F |
6.2.4 Latvia Cable Drum Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.5 Latvia Cable Drum Market Revenues & Volume, By Steel, 2021- 2031F |
6.3 Latvia Cable Drum Market, By Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cable Drum Market Revenues & Volume, By Manual, 2021- 2031F |
6.3.3 Latvia Cable Drum Market Revenues & Volume, By Spring Loaded, 2021- 2031F |
6.3.4 Latvia Cable Drum Market Revenues & Volume, By Motorized, 2021- 2031F |
6.4 Latvia Cable Drum Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cable Drum Market Revenues & Volume, By Cable Handling and Transportation, 2021- 2031F |
6.4.3 Latvia Cable Drum Market Revenues & Volume, By Crane Manufacturing, 2021- 2031F |
6.4.4 Latvia Cable Drum Market Revenues & Volume, By Mining Equipment, 2021- 2031F |
6.4.5 Latvia Cable Drum Market Revenues & Volume, By Garages, 2021- 2031F |
7 Latvia Cable Drum Market Import-Export Trade Statistics |
7.1 Latvia Cable Drum Market Export to Major Countries |
7.2 Latvia Cable Drum Market Imports from Major Countries |
8 Latvia Cable Drum Market Key Performance Indicators |
9 Latvia Cable Drum Market - Opportunity Assessment |
9.1 Latvia Cable Drum Market Opportunity Assessment, By Design, 2021 & 2031F |
9.2 Latvia Cable Drum Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Cable Drum Market Opportunity Assessment, By Mechanism, 2021 & 2031F |
9.4 Latvia Cable Drum Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Cable Drum Market - Competitive Landscape |
10.1 Latvia Cable Drum Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cable Drum 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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