| Product Code: ETC4924246 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to rely on imports of heating radiators, with top suppliers being Poland, Turkey, Germany, Estonia, and Lithuania. Despite a high concentration of suppliers, the industry experienced a decline in both the compound annual growth rate (CAGR) from 2020-24 at -4.6% and the growth rate from 2023-24 at -9.1%. This indicates a challenging market environment for heating radiator imports in Latvia, suggesting potential shifts in demand or competitive pressures impacting the industry.

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 Heating Radiator Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Heating Radiator Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Heating Radiator Market - Industry Life Cycle |
3.4 Latvia Heating Radiator Market - Porter's Five Forces |
3.5 Latvia Heating Radiator Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Heating Radiator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Heating Radiator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions |
4.2.2 Government initiatives promoting sustainable heating technologies |
4.2.3 Growth in the construction industry leading to higher demand for heating radiators |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from alternative heating technologies such as underfloor heating systems |
4.3.3 Economic downturn affecting consumer spending on home improvement products |
5 Latvia Heating Radiator Market Trends |
6 Latvia Heating Radiator Market Segmentations |
6.1 Latvia Heating Radiator Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Heating Radiator Market Revenues & Volume, By Hydronic Heating Radiator, 2021-2031F |
6.1.3 Latvia Heating Radiator Market Revenues & Volume, By Electric Heating Radiator, 2021-2031F |
6.2 Latvia Heating Radiator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Heating Radiator Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Heating Radiator Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Latvia Heating Radiator Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Heating Radiator Market Import-Export Trade Statistics |
7.1 Latvia Heating Radiator Market Export to Major Countries |
7.2 Latvia Heating Radiator Market Imports from Major Countries |
8 Latvia Heating Radiator Market Key Performance Indicators |
8.1 Energy efficiency rating of heating radiators |
8.2 Number of government subsidies or incentives for energy-efficient heating solutions |
8.3 Construction industry growth rate in Latvia |
8.4 Adoption rate of smart heating controls with heating radiators |
8.5 Average age of heating systems in residential buildings |
9 Latvia Heating Radiator Market - Opportunity Assessment |
9.1 Latvia Heating Radiator Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Heating Radiator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Heating Radiator Market - Competitive Landscape |
10.1 Latvia Heating Radiator Market Revenue Share, By Companies, 2024 |
10.2 Latvia Heating Radiator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |