| Product Code: ETC5106190 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s accumulator import shipments in 2024 saw significant growth with top suppliers being Czechia, Poland, Lithuania, Germany, and Finland. The market remained competitive with low concentration indicated by the HHI. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 12.2%, while the growth rate from 2023 to 2024 accelerated to 15.71%, indicating a positive trend in the import market for accumulators in Latvia. This data suggests a healthy demand and diversification of sources for this essential component in various industries.
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 Accumulator Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Accumulator Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Accumulator Market - Industry Life Cycle |
3.4 Latvia Accumulator Market - Porter's Five Forces |
3.5 Latvia Accumulator Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Accumulator Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Accumulator Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Accumulator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Latvia |
4.2.2 Growing adoption of renewable energy sources in the country |
4.2.3 Government initiatives promoting energy storage solutions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Limited availability of skilled workforce in the energy storage sector |
4.3.3 Stringent environmental regulations impacting production processes |
5 Latvia Accumulator Market Trends |
6 Latvia Accumulator Market Segmentations |
6.1 Latvia Accumulator Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Accumulator Market Revenues & Volume, By Bladder Accumulator, 2021-2031F |
6.1.3 Latvia Accumulator Market Revenues & Volume, By Piston Accumulator, 2021-2031F |
6.1.4 Latvia Accumulator Market Revenues & Volume, By Diaphragm Accumulator, 2021-2031F |
6.2 Latvia Accumulator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Accumulator Market Revenues & Volume, By Automobile Industry, 2021-2031F |
6.2.3 Latvia Accumulator Market Revenues & Volume, By Construction and Agricultural, 2021-2031F |
6.2.4 Latvia Accumulator Market Revenues & Volume, By Machinery, 2021-2031F |
6.2.5 Latvia Accumulator Market Revenues & Volume, By Plastics Industry, 2021-2031F |
6.2.6 Latvia Accumulator Market Revenues & Volume, By Marine Industry, 2021-2031F |
6.2.7 Latvia Accumulator Market Revenues & Volume, By Oil and Gas Industry, 2021-2031F |
6.3 Latvia Accumulator Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Accumulator Market Revenues & Volume, By Direct Channel, 2021-2031F |
6.3.3 Latvia Accumulator Market Revenues & Volume, By Indirect Channel, 2021-2031F |
7 Latvia Accumulator Market Import-Export Trade Statistics |
7.1 Latvia Accumulator Market Export to Major Countries |
7.2 Latvia Accumulator Market Imports from Major Countries |
8 Latvia Accumulator Market Key Performance Indicators |
8.1 Average price of raw materials used in accumulator manufacturing |
8.2 Number of new energy storage projects initiated in Latvia |
8.3 Percentage of energy consumption from renewable sources in the country |
9 Latvia Accumulator Market - Opportunity Assessment |
9.1 Latvia Accumulator Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Accumulator Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Accumulator Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Accumulator Market - Competitive Landscape |
10.1 Latvia Accumulator Market Revenue Share, By Companies, 2024 |
10.2 Latvia Accumulator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |