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Latvia Camera Industry Outlook 2022 - 2026

See how Latvia Camera performed compared to key markets such as the Netherlands, Germany and the United Kingdom.

Key Market Indicators

Latvia's digital camera exports are set to reach €1.2 million by 2026, down from €2.8 million in 2021. This represents a decrease of 13.5% year on year. Since 2013, the country's exports have fallen by 18.2% annually. In 2021, Latvia placed 20th in the rankings, with Cyprus ahead at €2.8 million. Germany, the UK, and Hungary were ranked 2nd, 3rd, and 4th respectively. Meanwhile, Latvia's digital camera imports are set to reach €1.3 million by 2026, down from €4.3 million in 2021. This is a decrease of 19.5% year on year. Since 2013, the country's imports have dropped by 15.9% each year. In 2021, Latvia was 24th in the rankings, with Cyprus ahead at €4.3 million. Germany, the UK, and France were ranked 2nd, 3rd, and 4th respectively.

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Latvia Camera Market Data and Forecasts