| Product Code: ETC5035168 | 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 |
Latvia`s handball import market saw a shift in concentration levels from low to moderate in 2024, indicating increased competition among top exporting countries like Germany, Belgium, Poland, Lithuania, and Finland. Despite a slight decrease in growth rate from 2023 to 2024, the impressive compound annual growth rate of 14.94% over the 2020-2024 period highlights the overall positive trend in the market. This data suggests a dynamic and evolving landscape for handball imports in Latvia, with opportunities for both local distributors and foreign suppliers to capitalize on the growing demand.

By 2027, the Handball market in Latvia is anticipated to reach a growth rate of 2.87%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Handball Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Handball Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Handball Market - Industry Life Cycle |
3.4 Latvia Handball Market - Porter's Five Forces |
3.5 Latvia Handball Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Handball Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Handball Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity and participation in handball among youth in Latvia |
4.2.2 Increased funding and support from the government for sports development |
4.2.3 Success of Latvian national handball teams in international competitions |
4.3 Market Restraints |
4.3.1 Limited investment in infrastructure for handball facilities |
4.3.2 Lack of sponsorship and commercial opportunities for handball in Latvia |
4.3.3 Competition from other popular sports like basketball and ice hockey in Latvia |
5 Latvia Handball Market Trends |
6 Latvia Handball Market Segmentations |
6.1 Latvia Handball Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Handball Market Revenues & Volume, By For Male, 2021-2031F |
6.1.3 Latvia Handball Market Revenues & Volume, By For Female, 2021-2031F |
6.1.4 Latvia Handball Market Revenues & Volume, By For Children, 2021-2031F |
6.2 Latvia Handball Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Handball Market Revenues & Volume, By Competition, 2021-2031F |
6.2.3 Latvia Handball Market Revenues & Volume, By Training, 2021-2031F |
6.2.4 Latvia Handball Market Revenues & Volume, By Recreational Activities, 2021-2031F |
6.2.5 Latvia Handball Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Handball Market Import-Export Trade Statistics |
7.1 Latvia Handball Market Export to Major Countries |
7.2 Latvia Handball Market Imports from Major Countries |
8 Latvia Handball Market Key Performance Indicators |
8.1 Number of registered handball players in Latvia |
8.2 Percentage increase in government funding allocated to handball development |
8.3 Attendance at local handball matches in Latvia |
9 Latvia Handball Market - Opportunity Assessment |
9.1 Latvia Handball Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Handball Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Handball Market - Competitive Landscape |
10.1 Latvia Handball Market Revenue Share, By Companies, 2024 |
10.2 Latvia Handball 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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