| Product Code: ETC12319477 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s import shipments of horizontal pumping systems in 2024 continued to see a steady influx from top exporting countries such as Germany, Poland, Italy, Netherlands, and Finland. With a moderate concentration as indicated by the Herfindahl-Hirschman Index (HHI), the market displays a balanced competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 6.29% from 2020 to 2024 underscores sustained market expansion. Furthermore, the notable growth rate of 16.23% from 2023 to 2024 signals a robust upward trend in demand for horizontal pumping systems 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 Horizontal Pumping Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Horizontal Pumping Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Horizontal Pumping Systems Market - Industry Life Cycle |
3.4 Latvia Horizontal Pumping Systems Market - Porter's Five Forces |
3.5 Latvia Horizontal Pumping Systems Market Revenues & Volume Share, By Pump Type, 2021 & 2031F |
3.6 Latvia Horizontal Pumping Systems Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Horizontal Pumping Systems Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Horizontal Pumping Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Horizontal Pumping Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Horizontal Pumping Systems Market Trends |
6 Latvia Horizontal Pumping Systems Market, By Types |
6.1 Latvia Horizontal Pumping Systems Market, By Pump Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Pump Type, 2021 - 2031F |
6.1.3 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Multistage Horizontal Pumps, 2021 - 2031F |
6.1.4 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Single-stage Horizontal Pumps, 2021 - 2031F |
6.1.5 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Horizontal Split Case Pumps, 2021 - 2031F |
6.1.6 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Custom Horizontal Pumps, 2021 - 2031F |
6.2 Latvia Horizontal Pumping Systems Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Centrifugal Technology, 2021 - 2031F |
6.2.3 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Positive Displacement, 2021 - 2031F |
6.2.4 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Variable Speed Drive, 2021 - 2031F |
6.2.5 Latvia Horizontal Pumping Systems Market Revenues & Volume, By AI-integrated Pumping, 2021 - 2031F |
6.3 Latvia Horizontal Pumping Systems Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Oil and Gas Industry, 2021 - 2031F |
6.3.3 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Power Generation Sector, 2021 - 2031F |
6.3.4 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Municipal Water Systems, 2021 - 2031F |
6.3.5 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Industrial Manufacturing, 2021 - 2031F |
6.4 Latvia Horizontal Pumping Systems Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Crude Oil and Water Injection, 2021 - 2031F |
6.4.3 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Cooling and Circulation, 2021 - 2031F |
6.4.4 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Water Treatment and Distribution, 2021 - 2031F |
6.4.5 Latvia Horizontal Pumping Systems Market Revenues & Volume, By Chemical and Slurry Processing, 2021 - 2031F |
7 Latvia Horizontal Pumping Systems Market Import-Export Trade Statistics |
7.1 Latvia Horizontal Pumping Systems Market Export to Major Countries |
7.2 Latvia Horizontal Pumping Systems Market Imports from Major Countries |
8 Latvia Horizontal Pumping Systems Market Key Performance Indicators |
9 Latvia Horizontal Pumping Systems Market - Opportunity Assessment |
9.1 Latvia Horizontal Pumping Systems Market Opportunity Assessment, By Pump Type, 2021 & 2031F |
9.2 Latvia Horizontal Pumping Systems Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Horizontal Pumping Systems Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Horizontal Pumping Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Horizontal Pumping Systems Market - Competitive Landscape |
10.1 Latvia Horizontal Pumping Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia Horizontal Pumping Systems 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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