| Product Code: ETC10679029 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw a steady increase in oil and gas fabrication import shipments, with top exporting countries being Poland, Germany, Finland, Sweden, and Belgium. The market remained moderately concentrated with a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.15%, indicating sustained growth in the industry. Furthermore, the growth rate from 2023 to 2024 spiked at an impressive 9.99%, reflecting a promising outlook for the 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 Oil and Gas Fabrication Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Oil and Gas Fabrication Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Oil and Gas Fabrication Market - Industry Life Cycle |
3.4 Latvia Oil and Gas Fabrication Market - Porter's Five Forces |
3.5 Latvia Oil and Gas Fabrication Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Oil and Gas Fabrication Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Oil and Gas Fabrication Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Oil and Gas Fabrication Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for oil and gas products in Latvia |
4.2.2 Growing investments in oil and gas infrastructure |
4.2.3 Favorable government policies supporting the oil and gas industry |
4.3 Market Restraints |
4.3.1 Fluctuations in global oil and gas prices |
4.3.2 Environmental regulations impacting fabrication processes |
4.3.3 Competition from other energy sources like renewables |
5 Latvia Oil and Gas Fabrication Market Trends |
6 Latvia Oil and Gas Fabrication Market, By Types |
6.1 Latvia Oil and Gas Fabrication Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Structural Fabrication, 2021 - 2031F |
6.1.4 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Piping Fabrication, 2021 - 2031F |
6.1.5 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Pressure Vessel Fabrication, 2021 - 2031F |
6.1.6 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Equipment Fabrication, 2021 - 2031F |
6.2 Latvia Oil and Gas Fabrication Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.3 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.4 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Composite, 2021 - 2031F |
6.2.5 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Alloys, 2021 - 2031F |
6.3 Latvia Oil and Gas Fabrication Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Offshore Platforms, 2021 - 2031F |
6.3.3 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Refineries, 2021 - 2031F |
6.3.4 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Pipelines, 2021 - 2031F |
6.3.5 Latvia Oil and Gas Fabrication Market Revenues & Volume, By Storage Tanks, 2021 - 2031F |
7 Latvia Oil and Gas Fabrication Market Import-Export Trade Statistics |
7.1 Latvia Oil and Gas Fabrication Market Export to Major Countries |
7.2 Latvia Oil and Gas Fabrication Market Imports from Major Countries |
8 Latvia Oil and Gas Fabrication Market Key Performance Indicators |
8.1 Utilization rate of oil and gas fabrication facilities |
8.2 Number of new oil and gas projects in development |
8.3 Percentage of revenue invested in research and development for innovative fabrication technologies |
9 Latvia Oil and Gas Fabrication Market - Opportunity Assessment |
9.1 Latvia Oil and Gas Fabrication Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Oil and Gas Fabrication Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Oil and Gas Fabrication Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Oil and Gas Fabrication Market - Competitive Landscape |
10.1 Latvia Oil and Gas Fabrication Market Revenue Share, By Companies, 2024 |
10.2 Latvia Oil and Gas Fabrication Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |