| Product Code: ETC7903879 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The advanced utility boiler import shipments to Latvia in 2024 saw a shift in concentration levels from very high in 2023 to a more moderate level. Top exporting countries such as Germany, Denmark, Sweden, Estonia, and Italy played a significant role in supplying these boilers. Despite a decline in the compound annual growth rate (CAGR) from 2020-24 at -15.82%, the growth rate from 2023-24 experienced a steep decrease of -61.02%. This data suggests a challenging market environment for advanced utility boilers in Latvia, urging stakeholders to closely monitor trends and adapt strategies accordingly.

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 Advanced Utility Boiler Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Advanced Utility Boiler Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Advanced Utility Boiler Market - Industry Life Cycle |
3.4 Latvia Advanced Utility Boiler Market - Porter's Five Forces |
3.5 Latvia Advanced Utility Boiler Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Advanced Utility Boiler Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.7 Latvia Advanced Utility Boiler Market Revenues & Volume Share, By Power Plant, 2021 & 2031F |
4 Latvia Advanced Utility Boiler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and sustainability in Latvia |
4.2.2 Government initiatives promoting the adoption of advanced utility boilers |
4.2.3 Growing demand for district heating systems in urban areas of Latvia |
4.3 Market Restraints |
4.3.1 High initial investment costs for advanced utility boilers |
4.3.2 Lack of skilled workforce for the installation and maintenance of advanced utility boilers |
4.3.3 Regulatory challenges and compliance requirements impacting market growth |
5 Latvia Advanced Utility Boiler Market Trends |
6 Latvia Advanced Utility Boiler Market, By Types |
6.1 Latvia Advanced Utility Boiler Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Advanced Utility Boiler Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Advanced Utility Boiler Market Revenues & Volume, By Subcritical, 2021- 2031F |
6.1.4 Latvia Advanced Utility Boiler Market Revenues & Volume, By Supercritical, 2021- 2031F |
6.1.5 Latvia Advanced Utility Boiler Market Revenues & Volume, By Ultra-Supercritical, 2021- 2031F |
6.1.6 Latvia Advanced Utility Boiler Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Advanced Utility Boiler Market, By Fuel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Advanced Utility Boiler Market Revenues & Volume, By Coal, 2021- 2031F |
6.2.3 Latvia Advanced Utility Boiler Market Revenues & Volume, By Natural Gas, 2021- 2031F |
6.2.4 Latvia Advanced Utility Boiler Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Advanced Utility Boiler Market, By Power Plant |
6.3.1 Overview and Analysis |
6.3.2 Latvia Advanced Utility Boiler Market Revenues & Volume, By Conventional Thermal, 2021- 2031F |
6.3.3 Latvia Advanced Utility Boiler Market Revenues & Volume, By Cogeneration, 2021- 2031F |
6.3.4 Latvia Advanced Utility Boiler Market Revenues & Volume, By Combined Cycle, 2021- 2031F |
6.3.5 Latvia Advanced Utility Boiler Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Advanced Utility Boiler Market Import-Export Trade Statistics |
7.1 Latvia Advanced Utility Boiler Market Export to Major Countries |
7.2 Latvia Advanced Utility Boiler Market Imports from Major Countries |
8 Latvia Advanced Utility Boiler Market Key Performance Indicators |
8.1 Average age of existing utility boiler installations in Latvia |
8.2 Number of government subsidies or incentives supporting advanced utility boiler adoption |
8.3 Percentage of energy consumption from district heating systems in urban areas of Latvia |
9 Latvia Advanced Utility Boiler Market - Opportunity Assessment |
9.1 Latvia Advanced Utility Boiler Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Advanced Utility Boiler Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.3 Latvia Advanced Utility Boiler Market Opportunity Assessment, By Power Plant, 2021 & 2031F |
10 Latvia Advanced Utility Boiler Market - Competitive Landscape |
10.1 Latvia Advanced Utility Boiler Market Revenue Share, By Companies, 2024 |
10.2 Latvia Advanced Utility Boiler Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |