| Product Code: ETC7924665 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia white goods import market in 2024 saw a slight decline in growth rate compared to the previous year, with a high concentration level among the top exporting countries. Poland, China, Lithuania, Estonia, and Germany were the key contributors to Latvia`s white goods imports. Despite the decrease in growth rate, the market maintained a healthy CAGR of 6.63% from 2020 to 2024. The competitive landscape remains competitive, indicating a strong presence of major players in the industry.

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 White Goods Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia White Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia White Goods Market - Industry Life Cycle |
3.4 Latvia White Goods Market - Porter's Five Forces |
3.5 Latvia White Goods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia White Goods Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Latvia White Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia White Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growth in urbanization leading to higher demand for white goods |
4.2.3 Technological advancements and innovations in white goods industry |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting manufacturing costs |
4.3.2 Intense competition among white goods manufacturers |
4.3.3 Regulatory challenges and compliance requirements affecting market entry and operations |
5 Latvia White Goods Market Trends |
6 Latvia White Goods Market, By Types |
6.1 Latvia White Goods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia White Goods Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia White Goods Market Revenues & Volume, By Air Conditioner, 2021- 2031F |
6.1.4 Latvia White Goods Market Revenues & Volume, By Refrigerator, 2021- 2031F |
6.1.5 Latvia White Goods Market Revenues & Volume, By Washing Machine, 2021- 2031F |
6.1.6 Latvia White Goods Market Revenues & Volume, By Dishwasher, 2021- 2031F |
6.1.7 Latvia White Goods Market Revenues & Volume, By Microwave Oven, 2021- 2031F |
6.2 Latvia White Goods Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia White Goods Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia White Goods Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Latvia White Goods Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia White Goods Market Revenues & Volume, By Supermarket & Hypermarket, 2021- 2031F |
6.3.3 Latvia White Goods Market Revenues & Volume, By Specialty Store, 2021- 2031F |
6.3.4 Latvia White Goods Market Revenues & Volume, By Retail Store, 2021- 2031F |
6.3.5 Latvia White Goods Market Revenues & Volume, By E-commerce, 2021- 2031F |
6.3.6 Latvia White Goods Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia White Goods Market Import-Export Trade Statistics |
7.1 Latvia White Goods Market Export to Major Countries |
7.2 Latvia White Goods Market Imports from Major Countries |
8 Latvia White Goods Market Key Performance Indicators |
8.1 Average household spending on white goods in Latvia |
8.2 Adoption rate of energy-efficient white goods |
8.3 Consumer sentiment towards purchasing white goods |
8.4 Average lifespan of white goods in households |
8.5 Frequency of white goods upgrades by consumers |
9 Latvia White Goods Market - Opportunity Assessment |
9.1 Latvia White Goods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia White Goods Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Latvia White Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia White Goods Market - Competitive Landscape |
10.1 Latvia White Goods Market Revenue Share, By Companies, 2024 |
10.2 Latvia White Goods 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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