Latvia LNG Market (2025-2031) | Competitive Landscape, Analysis, Trends, Forecast, Companies, Share, Size & Revenue, Industry, Segmentation, Outlook, Value, Growth

Market Forecast By LNG Infrastructure (LNG Liquefaction Plants, LNG Regasification Facilities, LNG Shipping), By Application (Transportation Fuel, Power Generation, Other Applications) And Competitive Landscape
Product Code: ETC7914015 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 Lng Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s LNG import market in 2024 continued to be dominated by neighboring countries Estonia, Lithuania, and Poland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a strong level of dominance by these top exporting countries. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the market experienced a notable growth rate of 7.37% from 2023 to 2024. This suggests a steady expansion in LNG import shipments to Latvia, driven by key suppliers in the region.

Latvia Lng Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia LNG Market Outlook
  • Market Size of Latvia LNG Market, 2024
  • Forecast of Latvia LNG Market, 2031
  • Historical Data and Forecast of Latvia LNG Revenues & Volume for the Period 2021- 2031
  • Latvia LNG Market Trend Evolution
  • Latvia LNG Market Drivers and Challenges
  • Latvia LNG Price Trends
  • Latvia LNG Porter's Five Forces
  • Latvia LNG Industry Life Cycle
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By LNG Infrastructure for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By LNG Liquefaction Plants for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By LNG Regasification Facilities for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By LNG Shipping for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By Transportation Fuel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By Power Generation for the Period 2021- 2031
  • Historical Data and Forecast of Latvia LNG Market Revenues & Volume By Other Applications for the Period 2021- 2031
  • Latvia LNG Import Export Trade Statistics
  • Market Opportunity Assessment By LNG Infrastructure
  • Market Opportunity Assessment By Application
  • Latvia LNG Top Companies Market Share
  • Latvia LNG Competitive Benchmarking By Technical and Operational Parameters
  • Latvia LNG Company Profiles
  • Latvia LNG Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia LNG Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia LNG Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 LNG Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia LNG Market Revenues & Volume, 2021 & 2031F

3.3 Latvia LNG Market - Industry Life Cycle

3.4 Latvia LNG Market - Porter's Five Forces

3.5 Latvia LNG Market Revenues & Volume Share, By LNG Infrastructure, 2021 & 2031F

3.6 Latvia LNG Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia LNG Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for cleaner energy sources in Latvia

4.2.2 Government initiatives promoting the use of LNG as a fuel

4.2.3 Growing investments in LNG infrastructure in Latvia

4.3 Market Restraints

4.3.1 High initial investment costs for LNG infrastructure

4.3.2 Fluctuating global LNG prices impacting market competitiveness

5 Latvia LNG Market Trends

6 Latvia LNG Market, By Types

6.1 Latvia LNG Market, By LNG Infrastructure

6.1.1 Overview and Analysis

6.1.2 Latvia LNG Market Revenues & Volume, By LNG Infrastructure, 2021- 2031F

6.1.3 Latvia LNG Market Revenues & Volume, By LNG Liquefaction Plants, 2021- 2031F

6.1.4 Latvia LNG Market Revenues & Volume, By LNG Regasification Facilities, 2021- 2031F

6.1.5 Latvia LNG Market Revenues & Volume, By LNG Shipping, 2021- 2031F

6.2 Latvia LNG Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia LNG Market Revenues & Volume, By Transportation Fuel, 2021- 2031F

6.2.3 Latvia LNG Market Revenues & Volume, By Power Generation, 2021- 2031F

6.2.4 Latvia LNG Market Revenues & Volume, By Other Applications, 2021- 2031F

7 Latvia LNG Market Import-Export Trade Statistics

7.1 Latvia LNG Market Export to Major Countries

7.2 Latvia LNG Market Imports from Major Countries

8 Latvia LNG Market Key Performance Indicators

8.1 Number of LNG fueling stations in Latvia

8.2 Percentage of LNG usage in transportation sector

8.3 Investment in LNG infrastructure development in Latvia

9 Latvia LNG Market - Opportunity Assessment

9.1 Latvia LNG Market Opportunity Assessment, By LNG Infrastructure, 2021 & 2031F

9.2 Latvia LNG Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia LNG Market - Competitive Landscape

10.1 Latvia LNG Market Revenue Share, By Companies, 2024

10.2 Latvia LNG Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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