| Product Code: ETC12494197 | 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 |
The Latvia hydrogen electrolyzer import market saw a significant shift in concentration levels from moderate to very low in 2024, with top exporters being Germany, Italy, China, Poland, and Czechia. The compound annual growth rate (CAGR) from 2020 to 2024 was -17.4%, indicating a decline in demand over the period. Additionally, the growth rate from 2023 to 2024 plummeted by -48.67%, reflecting a sharp decrease in import volumes. This data suggests a challenging market environment for hydrogen electrolyzer imports into Latvia, with potential implications for industry stakeholders.

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 Hydrogen Electrolyzer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hydrogen Electrolyzer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hydrogen Electrolyzer Market - Industry Life Cycle |
3.4 Latvia Hydrogen Electrolyzer Market - Porter's Five Forces |
3.5 Latvia Hydrogen Electrolyzer Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Hydrogen Electrolyzer Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Hydrogen Electrolyzer Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Hydrogen Electrolyzer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hydrogen Electrolyzer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Hydrogen Electrolyzer Market Trends |
6 Latvia Hydrogen Electrolyzer Market, By Types |
6.1 Latvia Hydrogen Electrolyzer Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Proton Exchange Membrane Electrolyzer, 2021 - 2031F |
6.1.4 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Alkaline Electrolyzer, 2021 - 2031F |
6.1.5 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Solid Oxide Electrolyzer, 2021 - 2031F |
6.1.6 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Anion Exchange Membrane Electrolyzer, 2021 - 2031F |
6.1.7 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Hybrid Electrolyzer, 2021 - 2031F |
6.2 Latvia Hydrogen Electrolyzer Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By PEM Technology, 2021 - 2031F |
6.2.3 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Alkaline Electrolysis, 2021 - 2031F |
6.2.4 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By High-Temperature Electrolysis, 2021 - 2031F |
6.2.5 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By AEM Technology, 2021 - 2031F |
6.2.6 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Dual Electrolysis Process, 2021 - 2031F |
6.3 Latvia Hydrogen Electrolyzer Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Hydrogen Producers, 2021 - 2031F |
6.3.3 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Chemical Industries, 2021 - 2031F |
6.3.4 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Energy Companies, 2021 - 2031F |
6.3.5 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Fuel Cell Manufacturers, 2021 - 2031F |
6.3.6 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Government Agencies, 2021 - 2031F |
6.4 Latvia Hydrogen Electrolyzer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Green Hydrogen Production, 2021 - 2031F |
6.4.3 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Ammonia Synthesis, 2021 - 2031F |
6.4.4 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Power-to-Gas Systems, 2021 - 2031F |
6.4.5 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Hydrogen Storage, 2021 - 2031F |
6.4.6 Latvia Hydrogen Electrolyzer Market Revenues & Volume, By Renewable Energy Integration, 2021 - 2031F |
7 Latvia Hydrogen Electrolyzer Market Import-Export Trade Statistics |
7.1 Latvia Hydrogen Electrolyzer Market Export to Major Countries |
7.2 Latvia Hydrogen Electrolyzer Market Imports from Major Countries |
8 Latvia Hydrogen Electrolyzer Market Key Performance Indicators |
9 Latvia Hydrogen Electrolyzer Market - Opportunity Assessment |
9.1 Latvia Hydrogen Electrolyzer Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Hydrogen Electrolyzer Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Hydrogen Electrolyzer Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Hydrogen Electrolyzer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hydrogen Electrolyzer Market - Competitive Landscape |
10.1 Latvia Hydrogen Electrolyzer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hydrogen Electrolyzer 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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