| Product Code: ETC7909793 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia continued to rely heavily on dry natural gas imports, with Lithuania, Finland, Estonia, Poland, and Russia being the top exporting countries. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced a significant compound annual growth rate (CAGR) of 32.16% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -53.78%, indicating potential shifts or challenges in the market dynamics. Continued monitoring and strategic adaptation may be necessary for stakeholders in the Latvia dry natural gas import sector.
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 Dry Natural Gas Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dry Natural Gas Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dry Natural Gas Market - Industry Life Cycle |
3.4 Latvia Dry Natural Gas Market - Porter's Five Forces |
3.5 Latvia Dry Natural Gas Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Dry Natural Gas Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Dry Natural Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural gas as a cleaner energy source |
4.2.2 Government initiatives promoting the use of natural gas for heating and power generation |
4.2.3 Growing industrial sector leading to higher natural gas consumption |
4.3 Market Restraints |
4.3.1 Price volatility in the global natural gas market |
4.3.2 Infrastructure limitations for natural gas distribution |
4.3.3 Competition from alternative energy sources like renewables |
5 Latvia Dry Natural Gas Market Trends |
6 Latvia Dry Natural Gas Market, By Types |
6.1 Latvia Dry Natural Gas Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dry Natural Gas Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Latvia Dry Natural Gas Market Revenues & Volume, By Offshore, 2021- 2031F |
6.1.4 Latvia Dry Natural Gas Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2 Latvia Dry Natural Gas Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dry Natural Gas Market Revenues & Volume, By Electric Power, 2021- 2031F |
6.2.3 Latvia Dry Natural Gas Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.4 Latvia Dry Natural Gas Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.5 Latvia Dry Natural Gas Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.6 Latvia Dry Natural Gas Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.7 Latvia Dry Natural Gas Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Dry Natural Gas Market Import-Export Trade Statistics |
7.1 Latvia Dry Natural Gas Market Export to Major Countries |
7.2 Latvia Dry Natural Gas Market Imports from Major Countries |
8 Latvia Dry Natural Gas Market Key Performance Indicators |
8.1 Number of new residential and industrial natural gas connections |
8.2 Investment in natural gas infrastructure development |
8.3 Percentage of energy generated from natural gas in Latvia's total energy mix |
9 Latvia Dry Natural Gas Market - Opportunity Assessment |
9.1 Latvia Dry Natural Gas Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Dry Natural Gas Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Dry Natural Gas Market - Competitive Landscape |
10.1 Latvia Dry Natural Gas Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dry Natural Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |