| Product Code: ETC7911617 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports of forestry machinery, with top suppliers including Finland, Sweden, Germany, Estonia, and Lithuania. The industry exhibited high concentration levels, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a notable compound annual growth rate (CAGR) of 34.58% from 2020 to 2024, there was a slight downturn in growth from 2023 to 2024, with a rate of -6.76%. This data suggests a dynamic market landscape with potential shifts in supply dynamics influencing the forestry machinery sector in Latvia.

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 Forestry Machinery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Forestry Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Forestry Machinery Market - Industry Life Cycle |
3.4 Latvia Forestry Machinery Market - Porter's Five Forces |
3.5 Latvia Forestry Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Forestry Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Forestry Machinery Market Trends |
6 Latvia Forestry Machinery Market, By Types |
6.1 Latvia Forestry Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Forestry Machinery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Forestry Machinery Market Revenues & Volume, By Skidders, 2021- 2031F |
6.1.4 Latvia Forestry Machinery Market Revenues & Volume, By Forwarders, 2021- 2031F |
6.1.5 Latvia Forestry Machinery Market Revenues & Volume, By Bunchers, 2021- 2031F |
6.1.6 Latvia Forestry Machinery Market Revenues & Volume, By Swing Machines, 2021- 2031F |
6.1.7 Latvia Forestry Machinery Market Revenues & Volume, By Harvesters, 2021- 2031F |
6.1.8 Latvia Forestry Machinery Market Revenues & Volume, By Loaders, 2021- 2031F |
7 Latvia Forestry Machinery Market Import-Export Trade Statistics |
7.1 Latvia Forestry Machinery Market Export to Major Countries |
7.2 Latvia Forestry Machinery Market Imports from Major Countries |
8 Latvia Forestry Machinery Market Key Performance Indicators |
9 Latvia Forestry Machinery Market - Opportunity Assessment |
9.1 Latvia Forestry Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Forestry Machinery Market - Competitive Landscape |
10.1 Latvia Forestry Machinery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Forestry Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |