| Product Code: ETC4654256 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s carbon import shipments in 2024 continued to see significant growth, with top exporting countries being Germany, Sweden, Poland, Netherlands, and Italy. The market maintained moderate concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 19.8%, showcasing a strong upward trend in imports. Additionally, the growth rate from 2023 to 2024 surged by 67.87%, indicating a rapid acceleration in carbon imports to Latvia. This data suggests a robust and expanding market for carbon imports in the country.

In the Europe region, the Carbon market in Latvia is projected to expand at a stable growth rate of 0.43% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Carbon Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carbon Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carbon Market - Industry Life Cycle |
3.4 Latvia Carbon Market - Porter's Five Forces |
3.5 Latvia Carbon Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Latvia Carbon Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Carbon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent government regulations promoting carbon emissions reduction |
4.2.2 Increasing awareness and concern about climate change among businesses and consumers |
4.2.3 Growing demand for renewable energy sources in Latvia |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing carbon reduction technologies |
4.3.2 Lack of clear carbon pricing mechanisms in the Latvia carbon market |
5 Latvia Carbon Market Trends |
6 Latvia Carbon Market Segmentations |
6.1 Latvia Carbon Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carbon Market Revenues & Volume, By Amorphous Carbon, 2021-2031F |
6.1.3 Latvia Carbon Market Revenues & Volume, By Graphite, 2021-2031F |
6.1.4 Latvia Carbon Market Revenues & Volume, By Diamond, 2021-2031F |
6.2 Latvia Carbon Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carbon Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Latvia Carbon Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Latvia Carbon Market Revenues & Volume, By Engineering Industries, 2021-2031F |
6.2.5 Latvia Carbon Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.6 Latvia Carbon Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Carbon Market Import-Export Trade Statistics |
7.1 Latvia Carbon Market Export to Major Countries |
7.2 Latvia Carbon Market Imports from Major Countries |
8 Latvia Carbon Market Key Performance Indicators |
8.1 Carbon footprint reduction percentage |
8.2 Number of companies adopting carbon offsetting practices |
8.3 Renewable energy consumption growth rate |
9 Latvia Carbon Market - Opportunity Assessment |
9.1 Latvia Carbon Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Latvia Carbon Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Carbon Market - Competitive Landscape |
10.1 Latvia Carbon Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carbon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |