| Product Code: ETC5094619 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see significant imports of cigarette lighters, with top contributing countries including Germany, Netherlands, Poland, Lithuania, and China. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) indicated a slight decrease in concentration in 2024. The industry experienced a notable decline in growth, with a Compound Annual Growth Rate (CAGR) of -18.05% from 2020 to 2024 and a drastic growth rate decrease of -75.71% from 2023 to 2024. This suggests a challenging market environment and potential shifts in consumer behavior or regulations impacting 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 Cigarette Lighters Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cigarette Lighters Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cigarette Lighters Market - Industry Life Cycle |
3.4 Latvia Cigarette Lighters Market - Porter's Five Forces |
3.5 Latvia Cigarette Lighters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Cigarette Lighters Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Cigarette Lighters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing smoking population in Latvia |
4.2.2 Increasing disposable income leading to higher spending on smoking accessories |
4.2.3 Rising demand for convenience and ease of use products |
4.3 Market Restraints |
4.3.1 Stringent regulations on smoking and tobacco products |
4.3.2 Increasing health awareness and anti-smoking campaigns |
4.3.3 Availability of alternative smoking cessation products |
5 Latvia Cigarette Lighters Market Trends |
6 Latvia Cigarette Lighters Market Segmentations |
6.1 Latvia Cigarette Lighters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cigarette Lighters Market Revenues & Volume, By Liquid Lighters, 2021-2031F |
6.1.3 Latvia Cigarette Lighters Market Revenues & Volume, By Gaseous Lighters, 2021-2031F |
6.1.4 Latvia Cigarette Lighters Market Revenues & Volume, By Gas-liquid Mixing Lighters, 2021-2031F |
6.2 Latvia Cigarette Lighters Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cigarette Lighters Market Revenues & Volume, By Offline Retailers, 2021-2031F |
6.2.3 Latvia Cigarette Lighters Market Revenues & Volume, By Online Retailers, 2021-2031F |
7 Latvia Cigarette Lighters Market Import-Export Trade Statistics |
7.1 Latvia Cigarette Lighters Market Export to Major Countries |
7.2 Latvia Cigarette Lighters Market Imports from Major Countries |
8 Latvia Cigarette Lighters Market Key Performance Indicators |
8.1 Average selling price of cigarette lighters in Latvia |
8.2 Number of new product innovations and launches in the cigarette lighters market |
8.3 Consumer sentiment towards convenience and design features of cigarette lighters |
9 Latvia Cigarette Lighters Market - Opportunity Assessment |
9.1 Latvia Cigarette Lighters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Cigarette Lighters Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Cigarette Lighters Market - Competitive Landscape |
10.1 Latvia Cigarette Lighters Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cigarette Lighters 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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