| Product Code: ETC10790197 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The petroleum liquid feedstock import shipments to Latvia in 2024 continued to show strong growth, with key exporting countries including Lithuania, Finland, Germany, Estonia, and Kuwait. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive market landscape. The impressive CAGR of 31.21% from 2020 to 2024 highlights the increasing demand for petroleum feedstock in Latvia. The remarkable growth rate of 45.02% from 2023 to 2024 suggests a dynamic market with evolving trends and opportunities for both suppliers and buyers.

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 Petroleum Liquid Feedstock Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Petroleum Liquid Feedstock Market - Industry Life Cycle |
3.4 Latvia Petroleum Liquid Feedstock Market - Porter's Five Forces |
3.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume Share, By Feedstock Type, 2021 & 2031F |
3.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Petroleum Liquid Feedstock Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
3.8 Latvia Petroleum Liquid Feedstock Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Petroleum Liquid Feedstock Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Petroleum Liquid Feedstock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for petroleum products in various industries |
4.2.2 Growth in the transportation sector leading to higher consumption of petroleum liquid feedstock |
4.2.3 Technological advancements in refining processes improving efficiency and output |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the cost of petroleum liquid feedstock |
4.3.2 Environmental concerns and regulations regarding carbon emissions |
4.3.3 Competition from alternative energy sources such as renewables impacting demand |
5 Latvia Petroleum Liquid Feedstock Market Trends |
6 Latvia Petroleum Liquid Feedstock Market, By Types |
6.1 Latvia Petroleum Liquid Feedstock Market, By Feedstock Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Feedstock Type, 2021 - 2031F |
6.1.3 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Naphtha, 2021 - 2031F |
6.1.4 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Gas Oil, 2021 - 2031F |
6.1.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Kerosene, 2021 - 2031F |
6.1.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Straight-Run Gasoline, 2021 - 2031F |
6.1.7 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Residual Oil, 2021 - 2031F |
6.2 Latvia Petroleum Liquid Feedstock Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Crude Oil, 2021 - 2031F |
6.2.3 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Oil Sands, 2021 - 2031F |
6.2.4 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Shale Oil, 2021 - 2031F |
6.2.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Refinery Residues, 2021 - 2031F |
6.2.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Bio-Based Sources, 2021 - 2031F |
6.3 Latvia Petroleum Liquid Feedstock Market, By Processing Method |
6.3.1 Overview and Analysis |
6.3.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Catalytic Cracking, 2021 - 2031F |
6.3.3 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Hydrocracking, 2021 - 2031F |
6.3.4 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Distillation, 2021 - 2031F |
6.3.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Reforming, 2021 - 2031F |
6.3.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Hydrotreating, 2021 - 2031F |
6.4 Latvia Petroleum Liquid Feedstock Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Petrochemical Production, 2021 - 2031F |
6.4.3 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Fuel Production, 2021 - 2031F |
6.4.4 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Jet Fuel, 2021 - 2031F |
6.4.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Blending Component, 2021 - 2031F |
6.4.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.5 Latvia Petroleum Liquid Feedstock Market, By End-Use |
6.5.1 Overview and Analysis |
6.5.2 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Refining Industry, 2021 - 2031F |
6.5.3 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.5.4 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Aviation, 2021 - 2031F |
6.5.5 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.5.6 Latvia Petroleum Liquid Feedstock Market Revenues & Volume, By Power Plants, 2021 - 2031F |
7 Latvia Petroleum Liquid Feedstock Market Import-Export Trade Statistics |
7.1 Latvia Petroleum Liquid Feedstock Market Export to Major Countries |
7.2 Latvia Petroleum Liquid Feedstock Market Imports from Major Countries |
8 Latvia Petroleum Liquid Feedstock Market Key Performance Indicators |
8.1 Refinery utilization rate |
8.2 Average feedstock conversion efficiency |
8.3 Inventory turnover rate |
9 Latvia Petroleum Liquid Feedstock Market - Opportunity Assessment |
9.1 Latvia Petroleum Liquid Feedstock Market Opportunity Assessment, By Feedstock Type, 2021 & 2031F |
9.2 Latvia Petroleum Liquid Feedstock Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Petroleum Liquid Feedstock Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
9.4 Latvia Petroleum Liquid Feedstock Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Petroleum Liquid Feedstock Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Petroleum Liquid Feedstock Market - Competitive Landscape |
10.1 Latvia Petroleum Liquid Feedstock Market Revenue Share, By Companies, 2024 |
10.2 Latvia Petroleum Liquid Feedstock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |