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

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia External Gear Pump Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia External Gear Pump Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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