Latvia External Gear Pump Market (2025-2031) | Analysis, Growth, Outlook, Companies, Size & Revenue, Segmentation, Trends, Share, Industry, Value, Forecast, Competitive Landscape

Name: Latvia External Gear Pump Market (2025-2031) | Analysis & Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: External Gear Pump Market, Latvia External Gear Pump Market, Latvia External Gear Pump Market Revenues, Latvia External Gear Pump Market Share, Latvia External Gear Pump Market Size, Latvia External Gear Pump Market Outlook, Latvia External Gear Pump Market Report, Latvia External Gear Pump Market Competition, Latvia External Gear Pump Market Overview, Latvia External Gear Pump Market Trends, Latvia External Gear Pump Market Forecast

Market Forecast By Product Type (Motorless, Electric, Two Shaft), By End Use (Construction, Chemical Processing, Material Handling, Mining, Automotive Manufacturing, Others) And Competitive Landscape

Product Code: ETC7910693	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Latvia External Gear Pump Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a shift in the concentration of external gear pump imports, moving from low to moderate concentration. Despite a negative growth rate of -7.85% in 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 2.5%. Key exporting countries to Latvia included Germany, Poland, Italy, Sweden, and the Netherlands. This indicates a diverse import market for external gear pumps in Latvia, with potential opportunities for market expansion and strategic partnerships in the coming years.

Latvia External Gear Pump Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia External Gear Pump Market Outlook
Market Size of Latvia External Gear Pump Market, 2024
Forecast of Latvia External Gear Pump Market, 2031
Historical Data and Forecast of Latvia External Gear Pump Revenues & Volume for the Period 2021- 2031
Latvia External Gear Pump Market Trend Evolution
Latvia External Gear Pump Market Drivers and Challenges
Latvia External Gear Pump Price Trends
Latvia External Gear Pump Porter's Five Forces
Latvia External Gear Pump Industry Life Cycle
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Product Type for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Motorless for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Electric for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Two Shaft for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By End Use for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Construction for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Chemical Processing for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Material Handling for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Mining for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Automotive Manufacturing for the Period 2021- 2031
Historical Data and Forecast of Latvia External Gear Pump Market Revenues & Volume By Others for the Period 2021- 2031
Latvia External Gear Pump Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By End Use
Latvia External Gear Pump Top Companies Market Share
Latvia External Gear Pump Competitive Benchmarking By Technical and Operational Parameters
Latvia External Gear Pump Company Profiles
Latvia External Gear Pump Key Strategic Recommendations

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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 External Gear Pump Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia External Gear Pump Market Revenues & Volume, 2021 & 2031F

3.3 Latvia External Gear Pump Market - Industry Life Cycle

3.4 Latvia External Gear Pump Market - Porter's Five Forces

3.5 Latvia External Gear Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Latvia External Gear Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Latvia External Gear Pump Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for efficient and reliable pumping solutions in various industries

4.2.2 Growing focus on energy efficiency and sustainability in manufacturing processes

4.2.3 Rising investments in infrastructure development projects in Latvia

4.3 Market Restraints

4.3.1 Intense competition from other types of pumps such as centrifugal pumps

4.3.2 Impact of economic fluctuations and uncertainties on investment decisions in the market

5 Latvia External Gear Pump Market Trends

6 Latvia External Gear Pump Market, By Types

6.1 Latvia External Gear Pump Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Latvia External Gear Pump Market Revenues & Volume, By Product Type, 2021- 2031F

6.1.3 Latvia External Gear Pump Market Revenues & Volume, By Motorless, 2021- 2031F

6.1.4 Latvia External Gear Pump Market Revenues & Volume, By Electric, 2021- 2031F

6.1.5 Latvia External Gear Pump Market Revenues & Volume, By Two Shaft, 2021- 2031F

6.2 Latvia External Gear Pump Market, By End Use

6.2.1 Overview and Analysis

6.2.2 Latvia External Gear Pump Market Revenues & Volume, By Construction, 2021- 2031F

6.2.3 Latvia External Gear Pump Market Revenues & Volume, By Chemical Processing, 2021- 2031F

6.2.4 Latvia External Gear Pump Market Revenues & Volume, By Material Handling, 2021- 2031F

6.2.5 Latvia External Gear Pump Market Revenues & Volume, By Mining, 2021- 2031F

6.2.6 Latvia External Gear Pump Market Revenues & Volume, By Automotive Manufacturing, 2021- 2031F

6.2.7 Latvia External Gear Pump Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia External Gear Pump Market Import-Export Trade Statistics

7.1 Latvia External Gear Pump Market Export to Major Countries

7.2 Latvia External Gear Pump Market Imports from Major Countries

8 Latvia External Gear Pump Market Key Performance Indicators

8.1 Average order value per customer

8.2 Percentage of repeat customers

8.3 Number of new product innovations introduced

8.4 Customer satisfaction ratings

8.5 Market penetration rate in key industries such as construction, manufacturing, and agriculture

9 Latvia External Gear Pump Market - Opportunity Assessment

9.1 Latvia External Gear Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Latvia External Gear Pump Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Latvia External Gear Pump Market - Competitive Landscape

10.1 Latvia External Gear Pump Market Revenue Share, By Companies, 2024

10.2 Latvia External Gear Pump Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa External Gear Pump Market

Germany External Gear Pump Market

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Global External Gear Pump Market

Hungary External Gear Pump Market

India External Gear Pump Market

Indonesia External Gear Pump Market

Middle East External Gear Pump Market

North America External Gear Pump Market

Export potential assessment - trade Analytics for 2030

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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