| Product Code: ETC5408765 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia garden bench import market saw significant growth in 2024, with top exporting countries including Lithuania, China, Germany, Poland, and Sweden. The market experienced a shift from low to moderate concentration, indicating increased competition among suppliers. The impressive Compound Annual Growth Rate (CAGR) of 12.55% from 2020 to 2024 highlights the expanding demand for garden benches in Latvia. Moreover, the notable growth rate of 16.59% from 2023 to 2024 suggests a rising trend in import shipments, making it an attractive market for international suppliers looking to capitalize on this upward trajectory.

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 Garden Bench Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Garden Bench Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Garden Bench Market - Industry Life Cycle |
3.4 Latvia Garden Bench Market - Porter's Five Forces |
3.5 Latvia Garden Bench Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Garden Bench Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Garden Bench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for outdoor furniture due to growing popularity of outdoor living spaces. |
4.2.2 Rising trend of home improvement and renovation projects in Latvia. |
4.2.3 Government initiatives promoting green spaces and outdoor activities. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Seasonal demand fluctuations affecting sales during winter months. |
4.3.3 Intense competition from domestic and international garden bench manufacturers. |
5 Latvia Garden Bench Market Trends |
6 Latvia Garden Bench Market Segmentations |
6.1 Latvia Garden Bench Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Garden Bench Market Revenues & Volume, By Wooden, 2021-2031F |
6.1.3 Latvia Garden Bench Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Latvia Garden Bench Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Latvia Garden Bench Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Garden Bench Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Garden Bench Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Garden Bench Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Garden Bench Market Import-Export Trade Statistics |
7.1 Latvia Garden Bench Market Export to Major Countries |
7.2 Latvia Garden Bench Market Imports from Major Countries |
8 Latvia Garden Bench Market Key Performance Indicators |
8.1 Customer satisfaction score for garden bench quality and design. |
8.2 Number of new product innovations introduced in the market. |
8.3 Percentage of market penetration in different regions of Latvia. |
8.4 Average customer retention rate for garden bench purchases. |
8.5 Number of partnerships with landscaping companies or real estate developers for garden bench installations. |
9 Latvia Garden Bench Market - Opportunity Assessment |
9.1 Latvia Garden Bench Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Garden Bench Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Garden Bench Market - Competitive Landscape |
10.1 Latvia Garden Bench Market Revenue Share, By Companies, 2024 |
10.2 Latvia Garden Bench 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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