| Product Code: ETC7911332 | 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 import shipments of flow diverters in 2024 were mainly sourced from Germany, Poland, Lithuania, Finland, and Italy, reflecting a diverse supply chain. Despite this, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low, indicating a competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was steady at 2.52%, with a notable growth spurt in 2024, as the growth rate rose to 3.89% compared to the previous year. This suggests a positive trend in the flow diverters market in Latvia, driven by imports from key European 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 Flow Diverters Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flow Diverters Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flow Diverters Market - Industry Life Cycle |
3.4 Latvia Flow Diverters Market - Porter's Five Forces |
3.5 Latvia Flow Diverters Market Revenues & Volume Share, By Diameter Size, 2021 & 2031F |
4 Latvia Flow Diverters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Flow Diverters Market Trends |
6 Latvia Flow Diverters Market, By Types |
6.1 Latvia Flow Diverters Market, By Diameter Size |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flow Diverters Market Revenues & Volume, By Diameter Size, 2021- 2031F |
6.1.3 Latvia Flow Diverters Market Revenues & Volume, By 2-3 mm, 2021- 2031F |
6.1.4 Latvia Flow Diverters Market Revenues & Volume, By 3-4 mm, 2021- 2031F |
6.1.5 Latvia Flow Diverters Market Revenues & Volume, By 4-5 mm, 2021- 2031F |
6.1.6 Latvia Flow Diverters Market Revenues & Volume, By >5 mm, 2021- 2031F |
7 Latvia Flow Diverters Market Import-Export Trade Statistics |
7.1 Latvia Flow Diverters Market Export to Major Countries |
7.2 Latvia Flow Diverters Market Imports from Major Countries |
8 Latvia Flow Diverters Market Key Performance Indicators |
9 Latvia Flow Diverters Market - Opportunity Assessment |
9.1 Latvia Flow Diverters Market Opportunity Assessment, By Diameter Size, 2021 & 2031F |
10 Latvia Flow Diverters Market - Competitive Landscape |
10.1 Latvia Flow Diverters Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flow Diverters 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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