| Product Code: ETC12832117 | 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 |
In 2024, Latvia saw a diverse range of industrial water pump imports from top exporting countries such as Germany, Netherlands, China, Italy, and Poland. The market displayed a shift from moderate to low concentration, indicating increased competition and potential for market expansion. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 5.34% over the period 2020-2024 highlights sustained market development. This trend suggests a competitive landscape with opportunities for further growth and innovation in the industrial water pump 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 Industrial Water Pump Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Water Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Industrial Water Pump Market - Industry Life Cycle |
3.4 Latvia Industrial Water Pump Market - Porter's Five Forces |
3.5 Latvia Industrial Water Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Industrial Water Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Industrial Water Pump Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Latvia Industrial Water Pump Market Revenues & Volume Share, By Operation Mode, 2021 & 2031F |
4 Latvia Industrial Water Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrial activities in Latvia leading to higher demand for water pumps |
4.2.2 Growing focus on water conservation and efficiency in industrial processes |
4.2.3 Government initiatives promoting sustainable water management practices |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced industrial water pump technologies |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Technical challenges in maintaining and servicing industrial water pump systems |
5 Latvia Industrial Water Pump Market Trends |
6 Latvia Industrial Water Pump Market, By Types |
6.1 Latvia Industrial Water Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Water Pump Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Industrial Water Pump Market Revenues & Volume, By Centrifugal Pumps, 2021 - 2031F |
6.1.4 Latvia Industrial Water Pump Market Revenues & Volume, By Positive Displacement Pumps, 2021 - 2031F |
6.1.5 Latvia Industrial Water Pump Market Revenues & Volume, By Submersible Pumps, 2021 - 2031F |
6.2 Latvia Industrial Water Pump Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Water Pump Market Revenues & Volume, By Water Supply, 2021 - 2031F |
6.2.3 Latvia Industrial Water Pump Market Revenues & Volume, By Wastewater Treatment, 2021 - 2031F |
6.2.4 Latvia Industrial Water Pump Market Revenues & Volume, By Irrigation, 2021 - 2031F |
6.3 Latvia Industrial Water Pump Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Water Pump Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.3 Latvia Industrial Water Pump Market Revenues & Volume, By Chemical Processing, 2021 - 2031F |
6.3.4 Latvia Industrial Water Pump Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.4 Latvia Industrial Water Pump Market, By Operation Mode |
6.4.1 Overview and Analysis |
6.4.2 Latvia Industrial Water Pump Market Revenues & Volume, By Electric Pumps, 2021 - 2031F |
6.4.3 Latvia Industrial Water Pump Market Revenues & Volume, By Diesel Pumps, 2021 - 2031F |
7 Latvia Industrial Water Pump Market Import-Export Trade Statistics |
7.1 Latvia Industrial Water Pump Market Export to Major Countries |
7.2 Latvia Industrial Water Pump Market Imports from Major Countries |
8 Latvia Industrial Water Pump Market Key Performance Indicators |
8.1 Energy efficiency of industrial water pumps in use |
8.2 Adoption rate of smart water pump technologies in industries |
8.3 Percentage of industrial water pumps meeting environmental regulations and standards |
9 Latvia Industrial Water Pump Market - Opportunity Assessment |
9.1 Latvia Industrial Water Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Industrial Water Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Industrial Water Pump Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Latvia Industrial Water Pump Market Opportunity Assessment, By Operation Mode, 2021 & 2031F |
10 Latvia Industrial Water Pump Market - Competitive Landscape |
10.1 Latvia Industrial Water Pump Market Revenue Share, By Companies, 2024 |
10.2 Latvia Industrial Water Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |