Key Market Indicators
Latvian imports of microwave ovens are projected to grow 0.7% year on year until 2026. In 2021, the country imported 47,520 units. Since 2005, Latvian demand for these appliances has increased at a rate of 1.5% year on year. Latvian exports of microwave ovens are expected to see a 2.7% year on year growth until 2026. Last year, the country supplied 37,720 units. Since 2005, Latvian exports of these products have risen by 4.6% annually. In 2021, Latvia was the 25th largest exporter of microwave ovens, behind India, Malaysia, Thailand and Belarus.
