| Product Code: ETC5775427 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw significant imports of booster compressors with top exporting countries being Poland, Germany, Lithuania, China, and Italy. The market remained competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.91% from 2020 to 2024, there was a sharp decline in growth rate from 2023 to 2024 at -31.15%. This indicates a potential shift in market dynamics or external factors impacting import trends in the booster compressor industry 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 Booster Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Booster Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Booster Compressor Market - Industry Life Cycle |
3.4 Latvia Booster Compressor Market - Porter's Five Forces |
3.5 Latvia Booster Compressor Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.6 Latvia Booster Compressor Market Revenues & Volume Share, By Stage, 2021 & 2031F |
3.7 Latvia Booster Compressor Market Revenues & Volume Share, By Pressure Rating, 2021 & 2031F |
4 Latvia Booster Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for booster compressors in industries such as oil gas, manufacturing, and construction in Latvia |
4.2.2 Growing emphasis on energy efficiency and sustainability driving the adoption of advanced booster compressor technologies |
4.2.3 Government initiatives and regulations promoting the use of booster compressors for reducing greenhouse gas emissions |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing booster compressors |
4.3.2 Fluctuating raw material prices impacting the manufacturing costs of booster compressors |
4.3.3 Limited awareness and technical expertise among end-users regarding the benefits and applications of booster compressors |
5 Latvia Booster Compressor Market Trends |
6 Latvia Booster Compressor Market Segmentations |
6.1 Latvia Booster Compressor Market, By Cooling Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Booster Compressor Market Revenues & Volume, By Air, 2021-2031F |
6.1.3 Latvia Booster Compressor Market Revenues & Volume, By Water, 2021-2031F |
6.2 Latvia Booster Compressor Market, By Stage |
6.2.1 Overview and Analysis |
6.2.2 Latvia Booster Compressor Market Revenues & Volume, By Single, 2021-2031F |
6.2.3 Latvia Booster Compressor Market Revenues & Volume, By Double, 2021-2031F |
6.2.4 Latvia Booster Compressor Market Revenues & Volume, By Multi, 2021-2031F |
6.3 Latvia Booster Compressor Market, By Pressure Rating |
6.3.1 Overview and Analysis |
6.3.2 Latvia Booster Compressor Market Revenues & Volume, By 14-40 bar, 2021-2031F |
6.3.3 Latvia Booster Compressor Market Revenues & Volume, By 41-100, 2021-2031F |
6.3.4 Latvia Booster Compressor Market Revenues & Volume, By 101-350, 2021-2031F |
6.3.5 Latvia Booster Compressor Market Revenues & Volume, By >350, 2021-2031F |
7 Latvia Booster Compressor Market Import-Export Trade Statistics |
7.1 Latvia Booster Compressor Market Export to Major Countries |
7.2 Latvia Booster Compressor Market Imports from Major Countries |
8 Latvia Booster Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of booster compressors in Latvia |
8.2 Adoption rate of advanced booster compressor technologies in key industries |
8.3 Percentage of greenhouse gas emission reduction attributed to the use of booster compressors |
9 Latvia Booster Compressor Market - Opportunity Assessment |
9.1 Latvia Booster Compressor Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.2 Latvia Booster Compressor Market Opportunity Assessment, By Stage, 2021 & 2031F |
9.3 Latvia Booster Compressor Market Opportunity Assessment, By Pressure Rating, 2021 & 2031F |
10 Latvia Booster Compressor Market - Competitive Landscape |
10.1 Latvia Booster Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Booster Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |