| Product Code: ETC7908109 | 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 commercial pump import market saw a shift in concentration from moderate to low in 2024, with top exporters being Germany, Netherlands, China, Italy, and Poland. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 5.34%. This suggests a stable market with key players continuing to drive imports into Latvia. The diversity of exporting countries indicates a robust supply chain, offering Latvian businesses a variety of options for commercial pump procurement.

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 Commercial Pumps Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Commercial Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Commercial Pumps Market - Industry Life Cycle |
3.4 Latvia Commercial Pumps Market - Porter's Five Forces |
3.5 Latvia Commercial Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Commercial Pumps Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Commercial Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization in Latvia leading to increased demand for commercial pumps. |
4.2.2 Government investments in infrastructure projects driving the need for commercial pumps. |
4.2.3 Technological advancements in commercial pump systems increasing efficiency and demand. |
4.2.4 Rising awareness about energy-efficient and environmentally friendly pump solutions. |
4.2.5 Increasing focus on water and wastewater management boosting the demand for commercial pumps. |
4.3 Market Restraints |
4.3.1 Economic fluctuations impacting investment in commercial projects and pump purchases. |
4.3.2 High initial costs associated with purchasing and installing commercial pump systems. |
4.3.3 Lack of skilled workforce for maintenance and repair of commercial pumps. |
4.3.4 Regulatory challenges related to environmental standards and certifications affecting market growth. |
4.3.5 Competition from alternative technologies impacting the market share of commercial pumps. |
5 Latvia Commercial Pumps Market Trends |
6 Latvia Commercial Pumps Market, By Types |
6.1 Latvia Commercial Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Commercial Pumps Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Commercial Pumps Market Revenues & Volume, By Single Stage Pumps, 2021- 2031F |
6.1.4 Latvia Commercial Pumps Market Revenues & Volume, By Seal-less and Circulator Pumps, 2021- 2031F |
6.1.5 Latvia Commercial Pumps Market Revenues & Volume, By Multi Stage Pumps, 2021- 2031F |
6.1.6 Latvia Commercial Pumps Market Revenues & Volume, By Submersible Pumps, 2021- 2031F |
6.1.7 Latvia Commercial Pumps Market Revenues & Volume, By Other Types, 2021- 2031F |
6.2 Latvia Commercial Pumps Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Latvia Commercial Pumps Market Revenues & Volume, By Agriculture and Irrigation, 2021- 2031F |
6.2.3 Latvia Commercial Pumps Market Revenues & Volume, By Oil & Gas Industry, 2021- 2031F |
6.2.4 Latvia Commercial Pumps Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.5 Latvia Commercial Pumps Market Revenues & Volume, By Water Treatment, 2021- 2031F |
6.2.6 Latvia Commercial Pumps Market Revenues & Volume, By Mining Industry, 2021- 2031F |
6.2.7 Latvia Commercial Pumps Market Revenues & Volume, By Energy & Power Generation, 2021- 2031F |
6.2.8 Latvia Commercial Pumps Market Revenues & Volume, By Other End-users, 2021- 2031F |
6.2.9 Latvia Commercial Pumps Market Revenues & Volume, By Other End-users, 2021- 2031F |
7 Latvia Commercial Pumps Market Import-Export Trade Statistics |
7.1 Latvia Commercial Pumps Market Export to Major Countries |
7.2 Latvia Commercial Pumps Market Imports from Major Countries |
8 Latvia Commercial Pumps Market Key Performance Indicators |
8.1 Energy efficiency ratings of commercial pump systems. |
8.2 Number of infrastructure projects awarded by the government using commercial pumps. |
8.3 Adoption rate of IoT (Internet of Things) technologies in commercial pump systems. |
8.4 Percentage of commercial pump installations that meet environmental standards. |
8.5 Customer satisfaction and retention rates for commercial pump manufacturers and service providers. |
9 Latvia Commercial Pumps Market - Opportunity Assessment |
9.1 Latvia Commercial Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Commercial Pumps Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Commercial Pumps Market - Competitive Landscape |
10.1 Latvia Commercial Pumps Market Revenue Share, By Companies, 2024 |
10.2 Latvia Commercial Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |