| Product Code: ETC7920190 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia reciprocating compressor import market experienced a significant shift in concentration from 2023 to 2024, moving from low concentration to high concentration. The top exporting countries to Latvia in 2024 were Germany, Poland, Denmark, China, and Lithuania. Despite a negative CAGR of -8.25% from 2020 to 2024, there was a notable growth rate of 14.24% from 2023 to 2024, indicating a recent surge in import activity in this sector. This change in concentration and growth rates suggest evolving dynamics in the Latvia reciprocating compressor market, potentially influenced by various factors such as demand fluctuations, trade policies, and market competition.

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 Reciprocating Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Reciprocating Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Reciprocating Compressor Market - Industry Life Cycle |
3.4 Latvia Reciprocating Compressor Market - Porter's Five Forces |
3.5 Latvia Reciprocating Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Reciprocating Compressor Market Revenues & Volume Share, By Nuber of Stages, 2021 & 2031F |
3.7 Latvia Reciprocating Compressor Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Latvia Reciprocating Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reciprocating compressors in various industries such as oil gas, manufacturing, and automotive sectors. |
4.2.2 Growing emphasis on energy efficiency and sustainability, leading to the adoption of reciprocating compressors in Latvia. |
4.2.3 Government initiatives and investments in infrastructure development projects driving the demand for reciprocating compressors. |
4.3 Market Restraints |
4.3.1 High initial costs associated with reciprocating compressors may hinder their widespread adoption. |
4.3.2 Maintenance and operational costs of reciprocating compressors could be a challenge for some businesses in Latvia. |
4.3.3 Competition from alternative compressor technologies such as rotary screw compressors may limit the growth of the reciprocating compressor market in Latvia. |
5 Latvia Reciprocating Compressor Market Trends |
6 Latvia Reciprocating Compressor Market, By Types |
6.1 Latvia Reciprocating Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Reciprocating Compressor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Reciprocating Compressor Market Revenues & Volume, By Single-acting Reciprocating Compressor, 2021- 2031F |
6.1.4 Latvia Reciprocating Compressor Market Revenues & Volume, By Double-acting Reciprocating Compressor, 2021- 2031F |
6.1.5 Latvia Reciprocating Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Reciprocating Compressor Market, By Nuber of Stages |
6.2.1 Overview and Analysis |
6.2.2 Latvia Reciprocating Compressor Market Revenues & Volume, By Single Stage, 2021- 2031F |
6.2.3 Latvia Reciprocating Compressor Market Revenues & Volume, By Multi Stage, 2021- 2031F |
6.3 Latvia Reciprocating Compressor Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Reciprocating Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Latvia Reciprocating Compressor Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.3.4 Latvia Reciprocating Compressor Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.5 Latvia Reciprocating Compressor Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Reciprocating Compressor Market Import-Export Trade Statistics |
7.1 Latvia Reciprocating Compressor Market Export to Major Countries |
7.2 Latvia Reciprocating Compressor Market Imports from Major Countries |
8 Latvia Reciprocating Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvements in reciprocating compressors. |
8.2 Adoption rate of reciprocating compressors in key industries. |
8.3 Number of infrastructure projects utilizing reciprocating compressors for various applications. |
9 Latvia Reciprocating Compressor Market - Opportunity Assessment |
9.1 Latvia Reciprocating Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Reciprocating Compressor Market Opportunity Assessment, By Nuber of Stages, 2021 & 2031F |
9.3 Latvia Reciprocating Compressor Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Latvia Reciprocating Compressor Market - Competitive Landscape |
10.1 Latvia Reciprocating Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Reciprocating Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |