| Product Code: ETC5775560 | 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 |
The Latvia cryogenic valve import market experienced a notable shift in concentration levels, with a transition from moderate to high concentration in 2024. This was driven by increased shipments from top exporting countries such as Finland, Poland, Italy, Spain, and Sweden. The market also demonstrated steady growth with a CAGR of 4.65% from 2020 to 2024, and a growth rate of 2.12% from 2023 to 2024. These trends suggest a growing demand for cryogenic valves in Latvia, indicating potential opportunities for market players in the coming years.

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 Cryogenic Valve Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cryogenic Valve Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cryogenic Valve Market - Industry Life Cycle |
3.4 Latvia Cryogenic Valve Market - Porter's Five Forces |
3.5 Latvia Cryogenic Valve Market Revenues & Volume Share, By Gas, 2021 & 2031F |
3.6 Latvia Cryogenic Valve Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Cryogenic Valve Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Cryogenic Valve Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for cryogenic valves in industries such as healthcare, food processing, and electronics due to their ability to handle low temperatures effectively. |
4.2.2 Increasing investments in LNG (liquefied natural gas) infrastructure and projects in Latvia, driving the demand for cryogenic valves. |
4.2.3 Technological advancements leading to the development of more efficient and durable cryogenic valve solutions. |
4.3 Market Restraints |
4.3.1 High initial costs associated with cryogenic valves may hinder their adoption, especially among small and medium-sized enterprises. |
4.3.2 Strict regulations and standards governing the use of cryogenic valves in Latvia, leading to compliance challenges for manufacturers and users. |
5 Latvia Cryogenic Valve Market Trends |
6 Latvia Cryogenic Valve Market Segmentations |
6.1 Latvia Cryogenic Valve Market, By Gas |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cryogenic Valve Market Revenues & Volume, By LNG, 2021-2031F |
6.1.3 Latvia Cryogenic Valve Market Revenues & Volume, By Oxygen, 2021-2031F |
6.1.4 Latvia Cryogenic Valve Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2 Latvia Cryogenic Valve Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cryogenic Valve Market Revenues & Volume, By Globe, 2021-2031F |
6.2.3 Latvia Cryogenic Valve Market Revenues & Volume, By Gate, 2021-2031F |
6.2.4 Latvia Cryogenic Valve Market Revenues & Volume, By Ball, 2021-2031F |
6.3 Latvia Cryogenic Valve Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cryogenic Valve Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Latvia Cryogenic Valve Market Revenues & Volume, By Food, 2021-2031F |
6.3.4 Latvia Cryogenic Valve Market Revenues & Volume, By Chemicals, 2021-2031F |
7 Latvia Cryogenic Valve Market Import-Export Trade Statistics |
7.1 Latvia Cryogenic Valve Market Export to Major Countries |
7.2 Latvia Cryogenic Valve Market Imports from Major Countries |
8 Latvia Cryogenic Valve Market Key Performance Indicators |
8.1 Percentage increase in the number of LNG projects in Latvia requiring cryogenic valves. |
8.2 Adoption rate of advanced materials and technologies in the manufacturing of cryogenic valves. |
8.3 Number of partnerships and collaborations between cryogenic valve manufacturers and key industries in Latvia. |
8.4 Rate of innovation in cryogenic valve design and functionality. |
8.5 Percentage of compliance with industry standards and regulations by cryogenic valve manufacturers in Latvia. |
9 Latvia Cryogenic Valve Market - Opportunity Assessment |
9.1 Latvia Cryogenic Valve Market Opportunity Assessment, By Gas, 2021 & 2031F |
9.2 Latvia Cryogenic Valve Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Cryogenic Valve Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Cryogenic Valve Market - Competitive Landscape |
10.1 Latvia Cryogenic Valve Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cryogenic Valve Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |