Latvia Refrigeration Compressor Market (2025-2031) | Outlook, Revenue, Value, Industry, Trends, Growth, Forecast, Analysis, Size, Segmentation, Companies & Share
Market Forecast By Type (Reciprocating Compressor, Screw Compressor, Centrifugal Compressor, Rotary Compressor, Scroll Compressor, Others), By Application (Domestic, Commercial), By Used (Co2, R290, R410a, Others), By Industry (Food And Beverages, Logistics And Transportation, Chemical, Pharmaceutical, Automobile, Others) And Competitive Landscape
| Product Code: ETC5209797 | 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 Refrigeration Compressor Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia continued to see strong import shipments of refrigeration compressors, with top exporting countries including Lithuania, Metropolitan France, Germany, Italy, and Czechia. The High Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports in the market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.81%, showing steady growth in demand. Notably, the growth rate from 2023 to 2024 surged to 15.38%, reflecting a significant uptick in import activity for refrigeration compressors in Latvia.
Refrigeration Compressor Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
Latvia's Refrigeration Compressor market is anticipated to experience a stable growth rate of 4.37% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Refrigeration Compressor Market Outlook
- Market Size of Latvia Refrigeration Compressor Market, 2024
- Forecast of Latvia Refrigeration Compressor Market, 2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Revenues & Volume for the Period 2021-2031
- Latvia Refrigeration Compressor Market Trend Evolution
- Latvia Refrigeration Compressor Market Drivers and Challenges
- Latvia Refrigeration Compressor Price Trends
- Latvia Refrigeration Compressor Porter`s Five Forces
- Latvia Refrigeration Compressor Industry Life Cycle
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Reciprocating Compressor for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Screw Compressor for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Centrifugal Compressor for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Rotary Compressor for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Scroll Compressor for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Domestic for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Used for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Co2 for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By R290 for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By R410a for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Industry for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Food And Beverages for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Logistics And Transportation for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Chemical for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Refrigeration Compressor Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Used
- Market Opportunity Assessment By Industry
- Latvia Refrigeration Compressor Top Companies Market Share
- Latvia Refrigeration Compressor Competitive Benchmarking By Technical and Operational Parameters
- Latvia Refrigeration Compressor Company Profiles
- Latvia Refrigeration Compressor Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Refrigeration Compressor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Refrigeration Compressor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Refrigeration Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Refrigeration Compressor Market - Industry Life Cycle |
3.4 Latvia Refrigeration Compressor Market - Porter's Five Forces |
3.5 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F |
3.8 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Refrigeration Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient refrigeration systems |
4.2.2 Growth in the food and beverage industry in Latvia |
4.2.3 Advancements in technology leading to the development of more efficient refrigeration compressors |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting manufacturing costs |
4.3.2 Stringent environmental regulations related to refrigerants used in compressors |
4.3.3 Competition from substitute products like absorption refrigeration systems |
5 Latvia Refrigeration Compressor Market Trends |
6 Latvia Refrigeration Compressor Market Segmentations |
6.1 Latvia Refrigeration Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021-2031F |
6.1.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021-2031F |
6.1.4 Latvia Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021-2031F |
6.1.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021-2031F |
6.1.6 Latvia Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021-2031F |
6.1.7 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Refrigeration Compressor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021-2031F |
6.2.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021-2031F |
6.3 Latvia Refrigeration Compressor Market, By Used |
6.3.1 Overview and Analysis |
6.3.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Co2, 2021-2031F |
6.3.3 Latvia Refrigeration Compressor Market Revenues & Volume, By R290, 2021-2031F |
6.3.4 Latvia Refrigeration Compressor Market Revenues & Volume, By R410a, 2021-2031F |
6.3.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Refrigeration Compressor Market, By Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021-2031F |
6.4.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021-2031F |
6.4.4 Latvia Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021-2031F |
6.4.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.4.6 Latvia Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021-2031F |
6.4.7 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Refrigeration Compressor Market Import-Export Trade Statistics |
7.1 Latvia Refrigeration Compressor Market Export to Major Countries |
7.2 Latvia Refrigeration Compressor Market Imports from Major Countries |
8 Latvia Refrigeration Compressor Market Key Performance Indicators |
8.1 Energy efficiency ratio (EER) of refrigeration compressors in the market |
8.2 Adoption rate of eco-friendly refrigerants in refrigeration compressors |
8.3 Number of patents filed for innovative compressor technologies in Latvia |
9 Latvia Refrigeration Compressor Market - Opportunity Assessment |
9.1 Latvia Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F |
9.4 Latvia Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Refrigeration Compressor Market - Competitive Landscape |
10.1 Latvia Refrigeration Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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