| Product Code: ETC7915730 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a decline in the growth rate of mining dump truck imports, with a notable decrease of -18.21% compared to the previous year. Despite this, the country continued to import significantly from top exporting countries such as Metropolitan France, Spain, Netherlands, UK, and Austria. The market concentration, as measured by the HHI, shifted from moderate to low concentration, indicating a more diversified import market. With a strong compound annual growth rate (CAGR) of 14.27% between 2020-2024, the mining dump truck import market in Latvia remains dynamic and competitive.

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 Mining Dump Truck Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mining Dump Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mining Dump Truck Market - Industry Life Cycle |
3.4 Latvia Mining Dump Truck Market - Porter's Five Forces |
3.5 Latvia Mining Dump Truck Market Revenues & Volume Share, By Truck Type, 2021 & 2031F |
3.6 Latvia Mining Dump Truck Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Latvia Mining Dump Truck Market Revenues & Volume Share, By Capacity Type, 2021 & 2031F |
3.8 Latvia Mining Dump Truck Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Latvia Mining Dump Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for mining activities in Latvia |
4.2.2 Growing investments in the mining sector |
4.2.3 Technological advancements in dump trucks leading to higher efficiency and productivity |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Environmental regulations impacting the mining industry |
4.3.3 Economic uncertainties affecting overall investment decisions |
5 Latvia Mining Dump Truck Market Trends |
6 Latvia Mining Dump Truck Market, By Types |
6.1 Latvia Mining Dump Truck Market, By Truck Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mining Dump Truck Market Revenues & Volume, By Truck Type, 2021- 2031F |
6.1.3 Latvia Mining Dump Truck Market Revenues & Volume, By Side dump truck, 2021- 2031F |
6.1.4 Latvia Mining Dump Truck Market Revenues & Volume, By Rear Dump truck, 2021- 2031F |
6.2 Latvia Mining Dump Truck Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mining Dump Truck Market Revenues & Volume, By IC Engine, 2021- 2031F |
6.2.3 Latvia Mining Dump Truck Market Revenues & Volume, By Electric, 2021- 2031F |
6.3 Latvia Mining Dump Truck Market, By Capacity Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Mining Dump Truck Market Revenues & Volume, By Less than 200 metric ton, 2021- 2031F |
6.3.3 Latvia Mining Dump Truck Market Revenues & Volume, By More than 200 metric ton, 2021- 2031F |
6.4 Latvia Mining Dump Truck Market, By Application Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Mining Dump Truck Market Revenues & Volume, By Mining, 2021- 2031F |
6.4.3 Latvia Mining Dump Truck Market Revenues & Volume, By Construction, 2021- 2031F |
6.4.4 Latvia Mining Dump Truck Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Mining Dump Truck Market Import-Export Trade Statistics |
7.1 Latvia Mining Dump Truck Market Export to Major Countries |
7.2 Latvia Mining Dump Truck Market Imports from Major Countries |
8 Latvia Mining Dump Truck Market Key Performance Indicators |
8.1 Average age of dump truck fleet in Latvia |
8.2 Utilization rate of dump trucks in mining operations |
8.3 Adoption rate of autonomous dump trucks in the mining sector |
9 Latvia Mining Dump Truck Market - Opportunity Assessment |
9.1 Latvia Mining Dump Truck Market Opportunity Assessment, By Truck Type, 2021 & 2031F |
9.2 Latvia Mining Dump Truck Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Latvia Mining Dump Truck Market Opportunity Assessment, By Capacity Type, 2021 & 2031F |
9.4 Latvia Mining Dump Truck Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Latvia Mining Dump Truck Market - Competitive Landscape |
10.1 Latvia Mining Dump Truck Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mining Dump Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |