| Product Code: ETC5189315 | 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 hydraulic hoist import market saw a significant increase in concentration in 2024, with top exporting countries being Germany, Belgium, Italy, Estonia, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained robust at 12.91%. This data indicates a steady demand for hydraulic hoists in Latvia, with key players from European countries dominating the export market.

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 Hydraulic Hoist Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hydraulic Hoist Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hydraulic Hoist Market - Industry Life Cycle |
3.4 Latvia Hydraulic Hoist Market - Porter's Five Forces |
3.5 Latvia Hydraulic Hoist Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Hydraulic Hoist Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hydraulic Hoist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient material handling solutions in industries |
4.2.2 Growing construction and infrastructure development projects in Latvia |
4.2.3 Adoption of advanced technologies in hydraulic hoists for improved performance |
4.3 Market Restraints |
4.3.1 High initial investment cost for hydraulic hoists |
4.3.2 Lack of skilled labor for operating and maintaining hydraulic hoists |
4.3.3 Regulatory challenges and compliance requirements impacting market growth |
5 Latvia Hydraulic Hoist Market Trends |
6 Latvia Hydraulic Hoist Market Segmentations |
6.1 Latvia Hydraulic Hoist Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hydraulic Hoist Market Revenues & Volume, By Chain, 2021-2031F |
6.1.3 Latvia Hydraulic Hoist Market Revenues & Volume, By Lever, 2021-2031F |
6.2 Latvia Hydraulic Hoist Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hydraulic Hoist Market Revenues & Volume, By Metal Processing, 2021-2031F |
6.2.3 Latvia Hydraulic Hoist Market Revenues & Volume, By Cement, 2021-2031F |
6.2.4 Latvia Hydraulic Hoist Market Revenues & Volume, By Automtive, 2021-2031F |
6.2.5 Latvia Hydraulic Hoist Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.6 Latvia Hydraulic Hoist Market Revenues & Volume, By Mining, 2021-2031F |
6.2.7 Latvia Hydraulic Hoist Market Revenues & Volume, By Construction, 2021-2031F |
7 Latvia Hydraulic Hoist Market Import-Export Trade Statistics |
7.1 Latvia Hydraulic Hoist Market Export to Major Countries |
7.2 Latvia Hydraulic Hoist Market Imports from Major Countries |
8 Latvia Hydraulic Hoist Market Key Performance Indicators |
8.1 Average utilization rate of hydraulic hoists in industries |
8.2 Rate of adoption of automation and IoT technologies in hydraulic hoists |
8.3 Number of new product innovations and technological advancements in the hydraulic hoist market |
9 Latvia Hydraulic Hoist Market - Opportunity Assessment |
9.1 Latvia Hydraulic Hoist Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Hydraulic Hoist Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hydraulic Hoist Market - Competitive Landscape |
10.1 Latvia Hydraulic Hoist Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hydraulic Hoist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |