| Product Code: ETC10172149 | 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 | |
Latvia`s import shipments of pre-owned construction equipment in 2024 were primarily sourced from neighboring countries such as Estonia and Sweden, as well as Germany, Czechia, and the UK. Despite the diverse sources, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The industry exhibited strong growth with a compound annual growth rate (CAGR) of 10.9% from 2020 to 2024. However, there was a notable decline in growth rate in 2024, with a decrease of -34.58%, possibly influenced by external factors or shifting market dynamics.

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 Pre-Owned Construction Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pre-Owned Construction Equipment Market - Industry Life Cycle |
3.4 Latvia Pre-Owned Construction Equipment Market - Porter's Five Forces |
3.5 Latvia Pre-Owned Construction Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Latvia Pre-Owned Construction Equipment Market Revenues & Volume Share, By Brand, 2021 & 2031F |
3.7 Latvia Pre-Owned Construction Equipment Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Pre-Owned Construction Equipment Market Revenues & Volume Share, By Condition, 2021 & 2031F |
4 Latvia Pre-Owned Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction activities in Latvia |
4.2.2 Cost-effectiveness of pre-owned construction equipment |
4.2.3 Increasing demand for rental equipment in the construction industry |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting investment in construction projects |
4.3.2 Availability of low-quality or outdated pre-owned equipment in the market |
4.3.3 Regulatory challenges and compliance issues related to pre-owned equipment |
5 Latvia Pre-Owned Construction Equipment Market Trends |
6 Latvia Pre-Owned Construction Equipment Market, By Types |
6.1 Latvia Pre-Owned Construction Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Equipment Type, 2021 - 2031F |
6.1.3 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Excavators, 2021 - 2031F |
6.1.4 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Bulldozers, 2021 - 2031F |
6.1.5 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Cranes, 2021 - 2031F |
6.2 Latvia Pre-Owned Construction Equipment Market, By Brand |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Caterpillar, 2021 - 2031F |
6.2.3 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Komatsu, 2021 - 2031F |
6.2.4 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Volvo, 2021 - 2031F |
6.3 Latvia Pre-Owned Construction Equipment Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Earth Moving, 2021 - 2031F |
6.3.3 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Road Construction, 2021 - 2031F |
6.3.4 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Mining, 2021 - 2031F |
6.4 Latvia Pre-Owned Construction Equipment Market, By Condition |
6.4.1 Overview and Analysis |
6.4.2 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Like New, 2021 - 2031F |
6.4.3 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Refurbished, 2021 - 2031F |
6.4.4 Latvia Pre-Owned Construction Equipment Market Revenues & Volume, By Used, 2021 - 2031F |
7 Latvia Pre-Owned Construction Equipment Market Import-Export Trade Statistics |
7.1 Latvia Pre-Owned Construction Equipment Market Export to Major Countries |
7.2 Latvia Pre-Owned Construction Equipment Market Imports from Major Countries |
8 Latvia Pre-Owned Construction Equipment Market Key Performance Indicators |
8.1 Average age of pre-owned construction equipment in the market |
8.2 Utilization rate of pre-owned equipment in construction projects |
8.3 Maintenance and repair costs of pre-owned equipment |
9 Latvia Pre-Owned Construction Equipment Market - Opportunity Assessment |
9.1 Latvia Pre-Owned Construction Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Latvia Pre-Owned Construction Equipment Market Opportunity Assessment, By Brand, 2021 & 2031F |
9.3 Latvia Pre-Owned Construction Equipment Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Pre-Owned Construction Equipment Market Opportunity Assessment, By Condition, 2021 & 2031F |
10 Latvia Pre-Owned Construction Equipment Market - Competitive Landscape |
10.1 Latvia Pre-Owned Construction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pre-Owned Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |