| Product Code: ETC4646143 | 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 |
The energy-saving and fluorescent import shipments to Latvia experienced significant growth in 2024, with top exporting countries including Lithuania, Poland, Metropolitan France, Netherlands, and China. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 intensified in 2024, indicating a competitive marketplace. The impressive compound annual growth rate (CAGR) of 47.69% from 2020 to 2024 demonstrates the increasing demand for energy-efficient products in Latvia. Additionally, the notable growth rate of 28.45% from 2023 to 2024 suggests a continuous upward trajectory in the importation of energy-saving and fluorescent products in the Latvian market.

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 Energy Saving & Fluorescent Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Energy Saving & Fluorescent Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Energy Saving & Fluorescent Market - Industry Life Cycle |
3.4 Latvia Energy Saving & Fluorescent Market - Porter's Five Forces |
3.5 Latvia Energy Saving & Fluorescent Market Revenues & Volume Share, By Sources, 2021 & 2031F |
3.6 Latvia Energy Saving & Fluorescent Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Energy Saving & Fluorescent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and regulations promoting energy efficiency |
4.2.2 Increasing awareness among consumers about the benefits of energy-saving products |
4.2.3 Technological advancements leading to more efficient fluorescent lighting solutions |
4.3 Market Restraints |
4.3.1 High initial costs of energy-saving and fluorescent products |
4.3.2 Lack of consumer education about the long-term cost savings of energy-efficient products |
4.3.3 Competition from traditional lighting technologies |
5 Latvia Energy Saving & Fluorescent Market Trends |
6 Latvia Energy Saving & Fluorescent Market Segmentations |
6.1 Latvia Energy Saving & Fluorescent Market, By Sources |
6.1.1 Overview and Analysis |
6.1.2 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By High-Intensity Discharge Lamps (HID), 2021-2031F |
6.1.3 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By Linear Fluorescent Lamps (LFL), 2021-2031F |
6.1.4 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By Light Emitting Diodes (LED)? , 2021-2031F |
6.2 Latvia Energy Saving & Fluorescent Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By Residential, 2021-2031F |
6.2.4 Latvia Energy Saving & Fluorescent Market Revenues & Volume, By Government, 2021-2031F |
7 Latvia Energy Saving & Fluorescent Market Import-Export Trade Statistics |
7.1 Latvia Energy Saving & Fluorescent Market Export to Major Countries |
7.2 Latvia Energy Saving & Fluorescent Market Imports from Major Countries |
8 Latvia Energy Saving & Fluorescent Market Key Performance Indicators |
8.1 Energy consumption reduction rate in residential and commercial sectors |
8.2 Adoption rate of energy-saving and fluorescent products in the market |
8.3 Investment in research and development for more advanced energy-efficient lighting solutions |
9 Latvia Energy Saving & Fluorescent Market - Opportunity Assessment |
9.1 Latvia Energy Saving & Fluorescent Market Opportunity Assessment, By Sources, 2021 & 2031F |
9.2 Latvia Energy Saving & Fluorescent Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Energy Saving & Fluorescent Market - Competitive Landscape |
10.1 Latvia Energy Saving & Fluorescent Market Revenue Share, By Companies, 2024 |
10.2 Latvia Energy Saving & Fluorescent 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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