| Product Code: ETC7908446 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s container import shipments in 2024 continued to showcase high concentration with top exporting countries being Estonia, Lithuania, Poland, Finland, and Germany. Despite a negative Compound Annual Growth Rate (CAGR) of -1.73% from 2020 to 2024, the market experienced a further decline in growth rate from 2023 to 2024, recording -5.97%. The sustained dominance of neighboring countries in Latvia`s import market suggests strong regional trade ties, while the declining growth rates signal potential challenges or shifts in market dynamics that importers and stakeholders should monitor closely for strategic planning.

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 Container Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Container Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Container Market - Industry Life Cycle |
3.4 Latvia Container Market - Porter's Five Forces |
3.5 Latvia Container Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Container Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Container Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing trade activities in Latvia |
4.2.2 Growing focus on efficient logistics and supply chain management |
4.2.3 Government initiatives to boost infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating fuel prices impacting transportation costs |
4.3.2 Regulatory challenges related to environmental standards |
4.3.3 Competition from alternative transportation modes like rail and road |
5 Latvia Container Market Trends |
6 Latvia Container Market, By Types |
6.1 Latvia Container Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Container Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Container Market Revenues & Volume, By 20 Feet, 2021- 2031F |
6.1.4 Latvia Container Market Revenues & Volume, By 40 Feet, 2021- 2031F |
6.1.5 Latvia Container Market Revenues & Volume, By 45 Feet, 2021- 2031F |
6.2 Latvia Container Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Container Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Latvia Container Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.4 Latvia Container Market Revenues & Volume, By Industrial Goods, 2021- 2031F |
6.2.5 Latvia Container Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.6 Latvia Container Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Container Market Import-Export Trade Statistics |
7.1 Latvia Container Market Export to Major Countries |
7.2 Latvia Container Market Imports from Major Countries |
8 Latvia Container Market Key Performance Indicators |
8.1 Average turnaround time at Latvian ports |
8.2 Number of new shipping routes serviced by Latvian ports |
8.3 Utilization rate of container terminal capacity |
8.4 Average container dwell time at ports |
8.5 Efficiency of intermodal transportation connections |
9 Latvia Container Market - Opportunity Assessment |
9.1 Latvia Container Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Container Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Container Market - Competitive Landscape |
10.1 Latvia Container Market Revenue Share, By Companies, 2024 |
10.2 Latvia Container 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.
To discover high-growth global markets and optimize your business strategy:
Click Here