| Product Code: ETC7914811 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The MRO import shipments to Latvia in 2024 were primarily sourced from neighboring countries such as Estonia, Lithuania, and Poland, as well as from key EU nations like France and Spain. The shift from high to moderate concentration in the HHI index indicates a more diversified import market. However, the negative CAGR and significant decline in growth rate from 2023 to 2024 suggest challenges and potential market contraction in the MRO sector. Monitoring the evolving trends and exploring new strategies will be crucial for stakeholders in navigating the changing landscape of MRO imports 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 MRO Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia MRO Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia MRO Market - Industry Life Cycle |
3.4 Latvia MRO Market - Porter's Five Forces |
3.5 Latvia MRO Market Revenues & Volume Share, By MRO Type, 2021 & 2031F |
4 Latvia MRO Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for maintenance, repair, and overhaul (MRO) services in the aviation sector in Latvia |
4.2.2 Growing focus on infrastructure development and modernization in the country |
4.2.3 Rising adoption of advanced technologies and automation in MRO processes |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up MRO facilities and acquiring advanced equipment |
4.3.2 Lack of skilled workforce and training programs in the MRO industry in Latvia |
5 Latvia MRO Market Trends |
6 Latvia MRO Market, By Types |
6.1 Latvia MRO Market, By MRO Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia MRO Market Revenues & Volume, By MRO Type, 2021- 2031F |
6.1.3 Latvia MRO Market Revenues & Volume, By Industrial MRO, 2021- 2031F |
6.1.4 Latvia MRO Market Revenues & Volume, By Electrical MRO, 2021- 2031F |
6.1.5 Latvia MRO Market Revenues & Volume, By Facility MRO, 2021- 2031F |
7 Latvia MRO Market Import-Export Trade Statistics |
7.1 Latvia MRO Market Export to Major Countries |
7.2 Latvia MRO Market Imports from Major Countries |
8 Latvia MRO Market Key Performance Indicators |
8.1 Average turnaround time for MRO services |
8.2 Percentage of on-time project completions |
8.3 Rate of adoption of digital tools and automation in MRO processes |
8.4 Customer satisfaction scores for MRO services |
8.5 Percentage of repeat business from existing clients |
9 Latvia MRO Market - Opportunity Assessment |
9.1 Latvia MRO Market Opportunity Assessment, By MRO Type, 2021 & 2031F |
10 Latvia MRO Market - Competitive Landscape |
10.1 Latvia MRO Market Revenue Share, By Companies, 2024 |
10.2 Latvia MRO Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |