| Product Code: ETC5040355 | 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 |
The Latvia squash balls import market saw a significant shift in 2024, with top exporting countries being Germany, Poland, China, Sweden, and Lithuania. The industry experienced a notable increase in market concentration, transitioning from low to high concentration within a year. This shift is reflected in the impressive Compound Annual Growth Rate (CAGR) of 22.94% from 2020 to 2024. Moreover, the remarkable growth rate of 91.67% from 2023 to 2024 indicates a surge in demand for squash balls in Latvia, presenting lucrative opportunities for market players.

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 Squash Balls Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Squash Balls Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Squash Balls Market - Industry Life Cycle |
3.4 Latvia Squash Balls Market - Porter's Five Forces |
3.5 Latvia Squash Balls Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Squash Balls Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Squash Balls Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of squash as a recreational and competitive sport in Latvia |
4.2.2 Growing health and fitness awareness leading to higher participation in sports like squash |
4.2.3 Rising disposable income levels allowing for increased spending on sports equipment |
4.3 Market Restraints |
4.3.1 Limited awareness about squash as a sport compared to more mainstream sports like football or basketball |
4.3.2 Lack of adequate infrastructure and facilities for playing squash in Latvia |
4.3.3 Competition from other sports equipment manufacturers and brands |
5 Latvia Squash Balls Market Trends |
6 Latvia Squash Balls Market Segmentations |
6.1 Latvia Squash Balls Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Squash Balls Market Revenues & Volume, By Double Yellow Dot, 2021-2031F |
6.1.3 Latvia Squash Balls Market Revenues & Volume, By Single Yellow Dot, 2021-2031F |
6.1.4 Latvia Squash Balls Market Revenues & Volume, By Red Dot, 2021-2031F |
6.1.5 Latvia Squash Balls Market Revenues & Volume, By Blue Dot, 2021-2031F |
6.2 Latvia Squash Balls Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Squash Balls Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Latvia Squash Balls Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Latvia Squash Balls Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.5 Latvia Squash Balls Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Squash Balls Market Import-Export Trade Statistics |
7.1 Latvia Squash Balls Market Export to Major Countries |
7.2 Latvia Squash Balls Market Imports from Major Countries |
8 Latvia Squash Balls Market Key Performance Indicators |
8.1 Number of squash courts in Latvia |
8.2 Participation rate in squash competitions and events |
8.3 Number of squash clubs and associations in the country |
9 Latvia Squash Balls Market - Opportunity Assessment |
9.1 Latvia Squash Balls Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Squash Balls Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Squash Balls Market - Competitive Landscape |
10.1 Latvia Squash Balls Market Revenue Share, By Companies, 2024 |
10.2 Latvia Squash Balls 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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