| Product Code: ETC7922898 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in TFT LCD panel import shipments with top exporting countries including China, Poland, Slovakia, Lithuania, and the Netherlands. The market showed moderate concentration with a consistent Compound Annual Growth Rate (CAGR) of 16.91% from 2020 to 2024. Furthermore, the growth rate in 2024 alone was notable at 7.44%, indicating a positive trend in the import of TFT LCD panels 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 TFT LCD Panel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia TFT LCD Panel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia TFT LCD Panel Market - Industry Life Cycle |
3.4 Latvia TFT LCD Panel Market - Porter's Five Forces |
3.5 Latvia TFT LCD Panel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia TFT LCD Panel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia TFT LCD Panel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for TFT LCD panels in various applications such as smartphones, tablets, TVs, and automotive displays. |
4.2.2 Technological advancements leading to higher resolution and energy-efficient TFT LCD panels. |
4.2.3 Growing investments in the electronics manufacturing sector in Latvia. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of TFT LCD panels. |
4.3.2 Intense competition from other display technologies such as OLED, impacting market growth. |
4.3.3 Economic uncertainties affecting consumer spending on electronic devices. |
5 Latvia TFT LCD Panel Market Trends |
6 Latvia TFT LCD Panel Market, By Types |
6.1 Latvia TFT LCD Panel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia TFT LCD Panel Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia TFT LCD Panel Market Revenues & Volume, By Small-Sized, 2021- 2031F |
6.1.4 Latvia TFT LCD Panel Market Revenues & Volume, By Medium-Sized, 2021- 2031F |
6.1.5 Latvia TFT LCD Panel Market Revenues & Volume, By Large-Sized, 2021- 2031F |
6.2 Latvia TFT LCD Panel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia TFT LCD Panel Market Revenues & Volume, By Televisions, 2021- 2031F |
6.2.3 Latvia TFT LCD Panel Market Revenues & Volume, By Smart Phones & Tablets, 2021- 2031F |
6.2.4 Latvia TFT LCD Panel Market Revenues & Volume, By Desktops & Laptops, 2021- 2031F |
6.2.5 Latvia TFT LCD Panel Market Revenues & Volume, By Wearable Devices, 2021- 2031F |
6.2.6 Latvia TFT LCD Panel Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia TFT LCD Panel Market Import-Export Trade Statistics |
7.1 Latvia TFT LCD Panel Market Export to Major Countries |
7.2 Latvia TFT LCD Panel Market Imports from Major Countries |
8 Latvia TFT LCD Panel Market Key Performance Indicators |
8.1 Average selling price (ASP) of TFT LCD panels in the Latvian market. |
8.2 Adoption rate of TFT LCD panels in emerging applications and industries. |
8.3 Rate of technological innovation and product development in the Latvian TFT LCD panel market. |
9 Latvia TFT LCD Panel Market - Opportunity Assessment |
9.1 Latvia TFT LCD Panel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia TFT LCD Panel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia TFT LCD Panel Market - Competitive Landscape |
10.1 Latvia TFT LCD Panel Market Revenue Share, By Companies, 2024 |
10.2 Latvia TFT LCD Panel 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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