| Product Code: ETC5129731 | 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 micro battery import market in 2024 continued to be dominated by neighboring countries such as Estonia, Germany, Poland, Lithuania, and Czechia. Despite a decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -8.23%, the market saw a significant drop in growth rate from 2023 to 2024 at -52.6%. The Herfindahl-Hirschman Index (HHI) indicated a moderate level of market concentration in 2024, reflecting a competitive landscape for micro battery imports in Latvia.

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 Micro Battery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Micro Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Micro Battery Market - Industry Life Cycle |
3.4 Latvia Micro Battery Market - Porter's Five Forces |
3.5 Latvia Micro Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Micro Battery Market Revenues & Volume Share, By Rechargeability, 2021 & 2031F |
3.7 Latvia Micro Battery Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Latvia Micro Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Micro Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices |
4.2.2 Growing adoption of IoT devices |
4.2.3 Technological advancements leading to higher energy efficiency in micro batteries |
4.3 Market Restraints |
4.3.1 Intense competition in the micro battery market |
4.3.2 Fluctuating prices of raw materials |
4.3.3 Stringent regulations regarding battery disposal and recycling |
5 Latvia Micro Battery Market Trends |
6 Latvia Micro Battery Market Segmentations |
6.1 Latvia Micro Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Micro Battery Market Revenues & Volume, By Button Battery, 2021-2031F |
6.1.3 Latvia Micro Battery Market Revenues & Volume, By Thin-film Battery, 2021-2031F |
6.1.4 Latvia Micro Battery Market Revenues & Volume, By Printed Battery, 2021-2031F |
6.1.5 Latvia Micro Battery Market Revenues & Volume, By Solid-state Chip Battery, 2021-2031F |
6.2 Latvia Micro Battery Market, By Rechargeability |
6.2.1 Overview and Analysis |
6.2.2 Latvia Micro Battery Market Revenues & Volume, By Primary Batteries, 2021-2031F |
6.2.3 Latvia Micro Battery Market Revenues & Volume, By Secondary Batteries, 2021-2031F |
6.3 Latvia Micro Battery Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Micro Battery Market Revenues & Volume, By Below 10 mAh, 2021-2031F |
6.3.3 Latvia Micro Battery Market Revenues & Volume, By Between 10 mAh & 100 mAh, 2021-2031F |
6.3.4 Latvia Micro Battery Market Revenues & Volume, By Above 100 mAh, 2021-2031F |
6.4 Latvia Micro Battery Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Micro Battery Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.3 Latvia Micro Battery Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.4.4 Latvia Micro Battery Market Revenues & Volume, By Smart Packaging, 2021-2031F |
6.4.5 Latvia Micro Battery Market Revenues & Volume, By Smart Cards, 2021-2031F |
6.4.6 Latvia Micro Battery Market Revenues & Volume, By Wireless Sensor Nodes, 2021-2031F |
6.4.7 Latvia Micro Battery Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Micro Battery Market Import-Export Trade Statistics |
7.1 Latvia Micro Battery Market Export to Major Countries |
7.2 Latvia Micro Battery Market Imports from Major Countries |
8 Latvia Micro Battery Market Key Performance Indicators |
8.1 Average battery lifespan |
8.2 Adoption rate of rechargeable micro batteries |
8.3 Energy density of micro batteries |
8.4 RD investment in micro battery technologies |
8.5 Market penetration of micro batteries in emerging sectors such as healthcare or automotive |
9 Latvia Micro Battery Market - Opportunity Assessment |
9.1 Latvia Micro Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Micro Battery Market Opportunity Assessment, By Rechargeability, 2021 & 2031F |
9.3 Latvia Micro Battery Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Latvia Micro Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Micro Battery Market - Competitive Landscape |
10.1 Latvia Micro Battery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Micro Battery 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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