| Product Code: ETC11941813 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The end suction pump import shipments in Latvia in 2024 saw a shift in concentration from moderate to low, indicating a more diverse market landscape. Top exporting countries to Latvia, such as Germany, Netherlands, and China, are key players in the industry. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained steady at 5.34%, reflecting a stable market demand for these products. It will be interesting to monitor how these trends continue to evolve 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 End Suction Pump Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia End Suction Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia End Suction Pump Market - Industry Life Cycle |
3.4 Latvia End Suction Pump Market - Porter's Five Forces |
3.5 Latvia End Suction Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia End Suction Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia End Suction Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia End Suction Pump Market Trends |
6 Latvia End Suction Pump Market, By Types |
6.1 Latvia End Suction Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia End Suction Pump Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia End Suction Pump Market Revenues & Volume, By Frame Mounted End Suction Pump, 2021 - 2031F |
6.1.4 Latvia End Suction Pump Market Revenues & Volume, By Close Coupled End Suction Pump, 2021 - 2031F |
6.1.5 Latvia End Suction Pump Market Revenues & Volume, By Lined End Suction Pump, 2021 - 2031F |
6.2 Latvia End Suction Pump Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia End Suction Pump Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Latvia End Suction Pump Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Latvia End Suction Pump Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Latvia End Suction Pump Market Import-Export Trade Statistics |
7.1 Latvia End Suction Pump Market Export to Major Countries |
7.2 Latvia End Suction Pump Market Imports from Major Countries |
8 Latvia End Suction Pump Market Key Performance Indicators |
9 Latvia End Suction Pump Market - Opportunity Assessment |
9.1 Latvia End Suction Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia End Suction Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia End Suction Pump Market - Competitive Landscape |
10.1 Latvia End Suction Pump Market Revenue Share, By Companies, 2024 |
10.2 Latvia End Suction Pump 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.
To discover high-growth global markets and optimize your business strategy:
Click Here