| Product Code: ETC5042217 | 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`s bituminous coal import market in 2024 saw consistent dominance from Kazakhstan, Poland, Spain, Germany, and Lithuania. Despite a slight decline in growth rate from 2023 to 2024, the cumulative annual growth rate (CAGR) over the period 2020-2024 remained strong at 16.08%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. This trend suggests a stable reliance on key exporting countries, highlighting the importance of monitoring market dynamics and potential diversification strategies for Latvia`s bituminous coal imports.

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 Bituminous Coal Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bituminous Coal Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bituminous Coal Market - Industry Life Cycle |
3.4 Latvia Bituminous Coal Market - Porter's Five Forces |
3.5 Latvia Bituminous Coal Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Bituminous Coal Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Bituminous Coal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy sources in Latvia |
4.2.2 Government initiatives promoting the use of domestic coal |
4.2.3 Growth in industrial activities driving demand for bituminous coal |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations impacting coal usage |
4.3.2 Competition from alternative energy sources like natural gas and renewables |
5 Latvia Bituminous Coal Market Trends |
6 Latvia Bituminous Coal Market Segmentations |
6.1 Latvia Bituminous Coal Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bituminous Coal Market Revenues & Volume, By Gas Coal, 2021-2031F |
6.1.3 Latvia Bituminous Coal Market Revenues & Volume, By Fat Coal, 2021-2031F |
6.1.4 Latvia Bituminous Coal Market Revenues & Volume, By Lean Coal, 2021-2031F |
6.1.5 Latvia Bituminous Coal Market Revenues & Volume, By Long Flame Coal, 2021-2031F |
6.1.6 Latvia Bituminous Coal Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Bituminous Coal Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bituminous Coal Market Revenues & Volume, By Electricity Industry, 2021-2031F |
6.2.3 Latvia Bituminous Coal Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.4 Latvia Bituminous Coal Market Revenues & Volume, By Cement Industry, 2021-2031F |
6.2.5 Latvia Bituminous Coal Market Revenues & Volume, By Steel Industry, 2021-2031F |
6.2.6 Latvia Bituminous Coal Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Bituminous Coal Market Import-Export Trade Statistics |
7.1 Latvia Bituminous Coal Market Export to Major Countries |
7.2 Latvia Bituminous Coal Market Imports from Major Countries |
8 Latvia Bituminous Coal Market Key Performance Indicators |
8.1 Average selling price of bituminous coal in Latvia |
8.2 Number of coal-fired power plants using bituminous coal in the country |
8.3 Import/export volume of bituminous coal in Latvia |
8.4 Employment levels in the coal mining industry |
8.5 Investment in infrastructure for coal transportation and storage |
9 Latvia Bituminous Coal Market - Opportunity Assessment |
9.1 Latvia Bituminous Coal Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Bituminous Coal Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Bituminous Coal Market - Competitive Landscape |
10.1 Latvia Bituminous Coal Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bituminous Coal 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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