| Product Code: ETC7914471 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia continues to heavily rely on liquefied natural gas (LNG) imports, with key suppliers being Estonia, Lithuania, and Poland in 2024. Despite a high concentration of supply, the industry experienced a slight decline with a CAGR of -0.06% from 2020 to 2024. However, there was a notable growth rate of 7.37% from 2023 to 2024, indicating a potential shift in the market dynamics. It will be interesting to monitor how Latvia`s LNG import landscape evolves in the coming years amidst changing trends and dynamics in the energy sector.

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 Liquefied Natural Gas (LNG) as a Fuel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Liquefied Natural Gas (LNG) as a Fuel Market - Industry Life Cycle |
3.4 Latvia Liquefied Natural Gas (LNG) as a Fuel Market - Porter's Five Forces |
3.5 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on reducing emissions and transitioning to cleaner fuels |
4.2.2 Government initiatives promoting the use of LNG as a fuel |
4.2.3 Advantages of LNG as a cleaner and cost-effective alternative to traditional fuels |
4.3 Market Restraints |
4.3.1 High initial infrastructure investment required for LNG fueling stations |
4.3.2 Limited availability and accessibility of LNG infrastructure in Latvia |
4.3.3 Fluctuating global LNG prices impacting the competitiveness of LNG as a fuel |
5 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Trends |
6 Latvia Liquefied Natural Gas (LNG) as a Fuel Market, By Types |
6.1 Latvia Liquefied Natural Gas (LNG) as a Fuel Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.1.4 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenues & Volume, By Transportation, 2021- 2031F |
7 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Import-Export Trade Statistics |
7.1 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Export to Major Countries |
7.2 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Imports from Major Countries |
8 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Key Performance Indicators |
8.1 Number of LNG fueling stations in Latvia |
8.2 Investment in LNG infrastructure development |
8.3 Adoption rate of LNG-powered vehicles in the transportation sector |
9 Latvia Liquefied Natural Gas (LNG) as a Fuel Market - Opportunity Assessment |
9.1 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Liquefied Natural Gas (LNG) as a Fuel Market - Competitive Landscape |
10.1 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Liquefied Natural Gas (LNG) as a Fuel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |