| Product Code: ETC10755445 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to rely heavily on PCB imports, with China, Netherlands, Estonia, Taiwan, and Metropolitan France being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite a moderate compound annual growth rate (CAGR) of 5.4% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024. This suggests a potential slowdown in the demand for PCB imports in Latvia, possibly influenced by various economic factors or changing market dynamics.

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 PCB Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia PCB Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia PCB Market - Industry Life Cycle |
3.4 Latvia PCB Market - Porter's Five Forces |
3.5 Latvia PCB Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia PCB Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia PCB Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia PCB Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Latvia PCB Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia PCB Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia PCB Market Trends |
6 Latvia PCB Market, By Types |
6.1 Latvia PCB Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia PCB Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia PCB Market Revenues & Volume, By Single-Sided PCB, 2021 - 2031F |
6.1.4 Latvia PCB Market Revenues & Volume, By Double-Sided PCB, 2021 - 2031F |
6.1.5 Latvia PCB Market Revenues & Volume, By Multi-Layer PCB, 2021 - 2031F |
6.1.6 Latvia PCB Market Revenues & Volume, By Rigid PCB, 2021 - 2031F |
6.1.7 Latvia PCB Market Revenues & Volume, By Flexible PCB, 2021 - 2031F |
6.2 Latvia PCB Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia PCB Market Revenues & Volume, By FR4, 2021 - 2031F |
6.2.3 Latvia PCB Market Revenues & Volume, By Polyimide, 2021 - 2031F |
6.2.4 Latvia PCB Market Revenues & Volume, By PTFE, 2021 - 2031F |
6.2.5 Latvia PCB Market Revenues & Volume, By Metal Core, 2021 - 2031F |
6.2.6 Latvia PCB Market Revenues & Volume, By Composite, 2021 - 2031F |
6.3 Latvia PCB Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia PCB Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 Latvia PCB Market Revenues & Volume, By Automotive Electronics, 2021 - 2031F |
6.3.4 Latvia PCB Market Revenues & Volume, By Communication Systems, 2021 - 2031F |
6.3.5 Latvia PCB Market Revenues & Volume, By Medical Devices, 2021 - 2031F |
6.3.6 Latvia PCB Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F |
6.4 Latvia PCB Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia PCB Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Latvia PCB Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4.4 Latvia PCB Market Revenues & Volume, By IT & Telecom, 2021 - 2031F |
6.4.5 Latvia PCB Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.6 Latvia PCB Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Latvia PCB Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Latvia PCB Market Revenues & Volume, By Surface-Mount Technology, 2021 - 2031F |
6.5.3 Latvia PCB Market Revenues & Volume, By Through-Hole Technology, 2021 - 2031F |
6.5.4 Latvia PCB Market Revenues & Volume, By Embedded Components, 2021 - 2031F |
6.5.5 Latvia PCB Market Revenues & Volume, By Flexible Circuits, 2021 - 2031F |
6.5.6 Latvia PCB Market Revenues & Volume, By AI-Integrated Boards, 2021 - 2031F |
7 Latvia PCB Market Import-Export Trade Statistics |
7.1 Latvia PCB Market Export to Major Countries |
7.2 Latvia PCB Market Imports from Major Countries |
8 Latvia PCB Market Key Performance Indicators |
9 Latvia PCB Market - Opportunity Assessment |
9.1 Latvia PCB Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia PCB Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia PCB Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia PCB Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Latvia PCB Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia PCB Market - Competitive Landscape |
10.1 Latvia PCB Market Revenue Share, By Companies, 2024 |
10.2 Latvia PCB 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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