| Product Code: ETC4691097 | 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 |
Latvia`s helium import market in 2024 continued to be dominated by a few key exporting countries, with Austria, Finland, Sweden, Poland, and Estonia leading the way. Despite a sharp decline in growth rate from 2023 to 2024, the market still demonstrated a strong compound annual growth rate of 16.1% over the 4-year period. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for competition and market dynamics in the future. Monitoring these trends will be crucial for stakeholders in the Latvia helium import industry.

In the Europe region, the Helium market in Latvia is projected to expand at a stable growth rate of 0.43% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Helium Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Helium Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Helium Market - Industry Life Cycle |
3.4 Latvia Helium Market - Porter's Five Forces |
3.5 Latvia Helium Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Helium Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.7 Latvia Helium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Helium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Helium Market Trends |
6 Latvia Helium Market Segmentations |
6.1 Latvia Helium Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Helium Market Revenues & Volume, By Liquid Helium, 2021-2031F |
6.1.3 Latvia Helium Market Revenues & Volume, By Gaseous Helium, 2021-2031F |
6.2 Latvia Helium Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Latvia Helium Market Revenues & Volume, By Aerospace and Aircraft, 2021-2031F |
6.2.3 Latvia Helium Market Revenues & Volume, By Electronics and Semiconductors, 2021-2031F |
6.2.4 Latvia Helium Market Revenues & Volume, By Nuclear Power, 2021-2031F |
6.2.5 Latvia Helium Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.6 Latvia Helium Market Revenues & Volume, By Welding and Metal Fabrication, 2021-2031F |
6.2.7 Latvia Helium Market Revenues & Volume, By Other, 2021-2031F |
6.3 Latvia Helium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Helium Market Revenues & Volume, By Breathing Mixes, 2021-2031F |
6.3.3 Latvia Helium Market Revenues & Volume, By Cryogenics, 2021-2031F |
6.3.4 Latvia Helium Market Revenues & Volume, By Leak Detection, 2021-2031F |
6.3.5 Latvia Helium Market Revenues & Volume, By Pressurizing and Purging, 2021-2031F |
6.3.6 Latvia Helium Market Revenues & Volume, By Welding, 2021-2031F |
6.3.7 Latvia Helium Market Revenues & Volume, By Controlled Atmosphere, 2021-2031F |
7 Latvia Helium Market Import-Export Trade Statistics |
7.1 Latvia Helium Market Export to Major Countries |
7.2 Latvia Helium Market Imports from Major Countries |
8 Latvia Helium Market Key Performance Indicators |
9 Latvia Helium Market - Opportunity Assessment |
9.1 Latvia Helium Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Helium Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.3 Latvia Helium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Helium Market - Competitive Landscape |
10.1 Latvia Helium Market Revenue Share, By Companies, 2024 |
10.2 Latvia Helium 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.
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