| Product Code: ETC7908515 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of controllable pitch marine propellers in 2024 were primarily sourced from leading exporters such as Germany, Poland, Italy, Sweden, and Denmark. The market saw a shift from high concentration in 2023 to moderate concentration in 2024, indicating increased competition among suppliers. Despite a negative compound annual growth rate of -2.85% from 2020 to 2024, the growth rate improved slightly in 2024 with a decline of -10.75% compared to the previous year. This data suggests a challenging market environment with opportunities for growth and diversification in the coming years.

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 Controllable Pitch Marine Propeller Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Controllable Pitch Marine Propeller Market - Industry Life Cycle |
3.4 Latvia Controllable Pitch Marine Propeller Market - Porter's Five Forces |
3.5 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume Share, By Number of Blades, 2021 & 2031F |
3.6 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
4 Latvia Controllable Pitch Marine Propeller Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient marine propulsion systems |
4.2.2 Growing maritime industry in Latvia |
4.2.3 Technological advancements in controllable pitch marine propellers |
4.3 Market Restraints |
4.3.1 High initial investment cost of controllable pitch marine propellers |
4.3.2 Regulatory challenges and compliance requirements in the maritime sector |
5 Latvia Controllable Pitch Marine Propeller Market Trends |
6 Latvia Controllable Pitch Marine Propeller Market, By Types |
6.1 Latvia Controllable Pitch Marine Propeller Market, By Number of Blades |
6.1.1 Overview and Analysis |
6.1.2 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Number of Blades, 2021- 2031F |
6.1.3 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Two and Three Blades, 2021- 2031F |
6.1.4 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Four Blades, 2021- 2031F |
6.1.5 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Five Blades, 2021- 2031F |
6.2 Latvia Controllable Pitch Marine Propeller Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Passenger Vessels, 2021- 2031F |
6.2.3 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Commercial/Cargo Vessels, 2021- 2031F |
6.3 Latvia Controllable Pitch Marine Propeller Market, By Ship Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Tug and Push Boats, 2021- 2031F |
6.3.3 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Ferries, 2021- 2031F |
6.3.4 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Ice Breakers, 2021- 2031F |
6.3.5 Latvia Controllable Pitch Marine Propeller Market Revenues & Volume, By Other Ship Types, 2021- 2031F |
7 Latvia Controllable Pitch Marine Propeller Market Import-Export Trade Statistics |
7.1 Latvia Controllable Pitch Marine Propeller Market Export to Major Countries |
7.2 Latvia Controllable Pitch Marine Propeller Market Imports from Major Countries |
8 Latvia Controllable Pitch Marine Propeller Market Key Performance Indicators |
8.1 Average fuel savings achieved by vessels using controllable pitch marine propellers |
8.2 Adoption rate of controllable pitch marine propellers in the Latvian maritime market |
8.3 Number of new product innovations and patents in controllable pitch marine propeller technology |
9 Latvia Controllable Pitch Marine Propeller Market - Opportunity Assessment |
9.1 Latvia Controllable Pitch Marine Propeller Market Opportunity Assessment, By Number of Blades, 2021 & 2031F |
9.2 Latvia Controllable Pitch Marine Propeller Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Controllable Pitch Marine Propeller Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
10 Latvia Controllable Pitch Marine Propeller Market - Competitive Landscape |
10.1 Latvia Controllable Pitch Marine Propeller Market Revenue Share, By Companies, 2024 |
10.2 Latvia Controllable Pitch Marine Propeller Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |