| Product Code: ETC7919721 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The process piping import shipments to Latvia in 2024 continued to see a high concentration of imports from top exporting countries such as Austria, Lithuania, Denmark, Poland, and Germany. The Herfindahl-Hirschman Index (HHI) indicated a significant increase in market concentration from 2023 to 2024, suggesting a more competitive landscape. The impressive compound annual growth rate (CAGR) of 28.19% from 2020 to 2024 demonstrates a strong demand for process piping in Latvia. Moreover, the growth rate of 14.73% from 2023 to 2024 highlights a continued upward trajectory in import volumes for this industry.
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 Process Piping Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Process Piping Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Process Piping Market - Industry Life Cycle  | 
3.4 Latvia Process Piping Market - Porter's Five Forces  | 
3.5 Latvia Process Piping Market Revenues & Volume Share, By Product, 2021 & 2031F  | 
3.6 Latvia Process Piping Market Revenues & Volume Share, By End-use, 2021 & 2031F  | 
4 Latvia Process Piping Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing industrialization in Latvia leading to higher demand for process piping  | 
4.2.2 Growth in the construction sector driving the need for process piping installations  | 
4.2.3 Increasing investments in infrastructure projects boosting the process piping market  | 
4.3 Market Restraints  | 
4.3.1 Fluctuating raw material prices impacting the cost of process piping production  | 
4.3.2 Stringent regulations and standards affecting the manufacturing and installation of process piping systems  | 
5 Latvia Process Piping Market Trends  | 
6 Latvia Process Piping Market, By Types  | 
6.1 Latvia Process Piping Market, By Product  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Process Piping Market Revenues & Volume, By Product, 2021- 2031F  | 
6.1.3 Latvia Process Piping Market Revenues & Volume, By Steam Process Piping, 2021- 2031F  | 
6.1.4 Latvia Process Piping Market Revenues & Volume, By Wastewater Piping, 2021- 2031F  | 
6.1.5 Latvia Process Piping Market Revenues & Volume, By Crude Oil Piping, 2021- 2031F  | 
6.1.6 Latvia Process Piping Market Revenues & Volume, By Acid Piping, 2021- 2031F  | 
6.1.7 Latvia Process Piping Market Revenues & Volume, By Refrigerant Piping, 2021- 2031F  | 
6.1.8 Latvia Process Piping Market Revenues & Volume, By Fuel Transfer Piping, 2021- 2031F  | 
6.2 Latvia Process Piping Market, By End-use  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Process Piping Market Revenues & Volume, By Oil Refineries, 2021- 2031F  | 
6.2.3 Latvia Process Piping Market Revenues & Volume, By Food and Beverage Manufacturing, 2021- 2031F  | 
6.2.4 Latvia Process Piping Market Revenues & Volume, By Paper Mills, 2021- 2031F  | 
6.2.5 Latvia Process Piping Market Revenues & Volume, By Power Plants, 2021- 2031F  | 
6.2.6 Latvia Process Piping Market Revenues & Volume, By Chemical Processing, 2021- 2031F  | 
7 Latvia Process Piping Market Import-Export Trade Statistics  | 
7.1 Latvia Process Piping Market Export to Major Countries  | 
7.2 Latvia Process Piping Market Imports from Major Countries  | 
8 Latvia Process Piping Market Key Performance Indicators  | 
8.1 Number of new industrial projects in Latvia  | 
8.2 Percentage increase in infrastructure investments  | 
8.3 Adoption rate of advanced process piping technologies  | 
8.4 Average project completion time for process piping installations  | 
8.5 Number of partnerships and collaborations in the process piping industry  | 
9 Latvia Process Piping Market - Opportunity Assessment  | 
9.1 Latvia Process Piping Market Opportunity Assessment, By Product, 2021 & 2031F  | 
9.2 Latvia Process Piping Market Opportunity Assessment, By End-use, 2021 & 2031F  | 
10 Latvia Process Piping Market - Competitive Landscape  | 
10.1 Latvia Process Piping Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Process Piping Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 
13 Disclaimer  |