| Product Code: ETC7903989 | 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 |
Latvia`s import shipments of agriculture, construction, and mining machinery in 2024 continued to be dominated by neighboring countries such as Estonia and Sweden, as well as key players like Germany, Czechia, and the UK. Despite the growth in the compound annual growth rate (CAGR) from 2020 to 2024 at 10.9%, there was a notable decline in the growth rate from 2023 to 2024 at -34.58%. The Herfindahl-Hirschman Index (HHI) indicated low concentration in the market, suggesting a diverse range of suppliers contributing to Latvia`s import market for machinery in these sectors.

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 Agriculture Construction Mining Machinery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Agriculture Construction Mining Machinery Market - Industry Life Cycle |
3.4 Latvia Agriculture Construction Mining Machinery Market - Porter's Five Forces |
3.5 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Latvia Agriculture Construction Mining Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government investments in infrastructure projects |
4.2.2 Technological advancements in machinery leading to increased efficiency |
4.2.3 Growing demand for agricultural, construction, and mining activities in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Economic uncertainties impacting investment decisions in the sector |
5 Latvia Agriculture Construction Mining Machinery Market Trends |
6 Latvia Agriculture Construction Mining Machinery Market, By Types |
6.1 Latvia Agriculture Construction Mining Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Construction Machinery, 2021- 2031F |
6.1.4 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Agriculture Implements, 2021- 2031F |
6.1.5 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Mining Machinery, 2021- 2031F |
6.1.6 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Oil and Gas Field Machinery, 2021- 2031F |
6.2 Latvia Agriculture Construction Mining Machinery Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Automatic, 2021- 2031F |
6.2.3 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Semi-Automatic, 2021- 2031F |
6.2.4 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Manual, 2021- 2031F |
6.3 Latvia Agriculture Construction Mining Machinery Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Small, 2021- 2031F |
6.3.3 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Medium, 2021- 2031F |
6.3.4 Latvia Agriculture Construction Mining Machinery Market Revenues & Volume, By Large, 2021- 2031F |
7 Latvia Agriculture Construction Mining Machinery Market Import-Export Trade Statistics |
7.1 Latvia Agriculture Construction Mining Machinery Market Export to Major Countries |
7.2 Latvia Agriculture Construction Mining Machinery Market Imports from Major Countries |
8 Latvia Agriculture Construction Mining Machinery Market Key Performance Indicators |
8.1 Average age of machinery fleet in the agriculture, construction, and mining sectors |
8.2 Adoption rate of automation and smart technologies in machinery |
8.3 Utilization rates of machinery in key sectors (agriculture, construction, mining) |
8.4 Maintenance and downtime metrics for machinery in the market |
9 Latvia Agriculture Construction Mining Machinery Market - Opportunity Assessment |
9.1 Latvia Agriculture Construction Mining Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Agriculture Construction Mining Machinery Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Latvia Agriculture Construction Mining Machinery Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Latvia Agriculture Construction Mining Machinery Market - Competitive Landscape |
10.1 Latvia Agriculture Construction Mining Machinery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Agriculture Construction Mining Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |