| Product Code: ETC5888344 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The automotive pumps import market in Latvia saw significant growth in 2024, with top exporting countries being Poland, Germany, Finland, Sweden, and Belgium. The market displayed moderate concentration with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.15%, indicating sustained expansion. Furthermore, the impressive growth rate of 9.99% from 2023 to 2024 highlights the increasing demand for automotive pumps in Latvia. This data suggests a promising outlook for the automotive pumps import market in the country.

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 Automotive Pumps Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Pumps Market - Industry Life Cycle |
3.4 Latvia Automotive Pumps Market - Porter's Five Forces |
3.5 Latvia Automotive Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Pumps Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Pumps Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Latvia Automotive Pumps Market Revenues & Volume Share, By Displacement, 2021 & 2031F |
3.9 Latvia Automotive Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Latvia Automotive Pumps Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Automotive Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in Latvia |
4.2.2 Growing automotive production and sales in the region |
4.2.3 Technological advancements leading to the development of more efficient automotive pumps |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting pump manufacturing costs |
4.3.2 Stringent regulations related to emissions and fuel efficiency standards |
4.3.3 Competition from alternative fuel technologies impacting traditional pump demand |
5 Latvia Automotive Pumps Market Trends |
6 Latvia Automotive Pumps Market Segmentations |
6.1 Latvia Automotive Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Pumps Market Revenues & Volume, By Fuel pump, 2021-2031F |
6.1.3 Latvia Automotive Pumps Market Revenues & Volume, By Fuel injection pump, 2021-2031F |
6.1.4 Latvia Automotive Pumps Market Revenues & Volume, By Water pump, 2021-2031F |
6.1.5 Latvia Automotive Pumps Market Revenues & Volume, By Windshield pump, 2021-2031F |
6.1.6 Latvia Automotive Pumps Market Revenues & Volume, By Steering pump, 2021-2031F |
6.1.7 Latvia Automotive Pumps Market Revenues & Volume, By Transmission oil pump, 2021-2031F |
6.1.9 Latvia Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021-2031F |
6.1.10 Latvia Automotive Pumps Market Revenues & Volume, By Headlight washer pump, 2021-2031F |
6.2 Latvia Automotive Pumps Market, By Electric Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Pumps Market Revenues & Volume, By BEV, 2021-2031F |
6.2.3 Latvia Automotive Pumps Market Revenues & Volume, By FCEV, 2021-2031F |
6.2.4 Latvia Automotive Pumps Market Revenues & Volume, By HEV, 2021-2031F |
6.2.5 Latvia Automotive Pumps Market Revenues & Volume, By PHEV, 2021-2031F |
6.3 Latvia Automotive Pumps Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Pumps Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.3.3 Latvia Automotive Pumps Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.3.4 Latvia Automotive Pumps Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
6.3.5 Latvia Automotive Pumps Market Revenues & Volume, By Based on technology, 2021-2031F |
6.3.6 Latvia Automotive Pumps Market Revenues & Volume, By Electric, 2021-2031F |
6.3.7 Latvia Automotive Pumps Market Revenues & Volume, By Mechanical, 2021-2031F |
6.4 Latvia Automotive Pumps Market, By Displacement |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Pumps Market Revenues & Volume, By Variable displacement, 2021-2031F |
6.4.3 Latvia Automotive Pumps Market Revenues & Volume, By Fixed displacement, 2021-2031F |
6.4.4 Latvia Automotive Pumps Market Revenues & Volume, By Based on off-highway vehicles, 2021-2031F |
6.4.5 Latvia Automotive Pumps Market Revenues & Volume, By Construction equipment, 2021-2031F |
6.4.6 Latvia Automotive Pumps Market Revenues & Volume, By Mining equipment, 2021-2031F |
6.5 Latvia Automotive Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Automotive Pumps Market Revenues & Volume, By Body & Interior, 2021-2031F |
6.5.3 Latvia Automotive Pumps Market Revenues & Volume, By Engine & HVAC, 2021-2031F |
6.5.4 Latvia Automotive Pumps Market Revenues & Volume, By Powertrain, 2021-2031F |
6.6 Latvia Automotive Pumps Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 Latvia Automotive Pumps Market Revenues & Volume, By OEM, 2021-2031F |
6.6.3 Latvia Automotive Pumps Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Latvia Automotive Pumps Market Import-Export Trade Statistics |
7.1 Latvia Automotive Pumps Market Export to Major Countries |
7.2 Latvia Automotive Pumps Market Imports from Major Countries |
8 Latvia Automotive Pumps Market Key Performance Indicators |
8.1 Average age of vehicles in Latvia (indicating potential replacement demand for automotive pumps) |
8.2 Number of automotive pump patents filed in the region (reflecting innovation and technological advancements) |
8.3 Adoption rate of electric vehicles in Latvia (impacting the demand for traditional automotive pumps) |
9 Latvia Automotive Pumps Market - Opportunity Assessment |
9.1 Latvia Automotive Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Pumps Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Pumps Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Latvia Automotive Pumps Market Opportunity Assessment, By Displacement, 2021 & 2031F |
9.5 Latvia Automotive Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Latvia Automotive Pumps Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Automotive Pumps Market - Competitive Landscape |
10.1 Latvia Automotive Pumps Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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