| Product Code: ETC10407925 | 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 reefer container import shipments in 2024 continued to see significant growth, with a notable increase in the number of shipments coming from top exporting countries such as China, Croatia, Lithuania, Czechia, and Germany. The market concentration, measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive market landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was impressive at 13.72%, while the growth rate from 2023 to 2024 stood at 5.73%, highlighting a steady upward trend in reefer container imports to 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 Reefer Container Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Reefer Container Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Reefer Container Market - Industry Life Cycle |
3.4 Latvia Reefer Container Market - Porter's Five Forces |
3.5 Latvia Reefer Container Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Reefer Container Market Revenues & Volume Share, By Cooling Technology, 2021 & 2031F |
3.7 Latvia Reefer Container Market Revenues & Volume Share, By Container Size, 2021 & 2031F |
3.8 Latvia Reefer Container Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Reefer Container Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Reefer Container Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Reefer Container Market Trends |
6 Latvia Reefer Container Market, By Types |
6.1 Latvia Reefer Container Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Reefer Container Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Reefer Container Market Revenues & Volume, By Insulated Containers, 2021 - 2031F |
6.1.4 Latvia Reefer Container Market Revenues & Volume, By Refrigerated Containers, 2021 - 2031F |
6.1.5 Latvia Reefer Container Market Revenues & Volume, By Deep-Freeze Containers, 2021 - 2031F |
6.1.6 Latvia Reefer Container Market Revenues & Volume, By Cryogenic Containers, 2021 - 2031F |
6.1.7 Latvia Reefer Container Market Revenues & Volume, By Hybrid Containers, 2021 - 2031F |
6.2 Latvia Reefer Container Market, By Cooling Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Reefer Container Market Revenues & Volume, By Vapor Compression, 2021 - 2031F |
6.2.3 Latvia Reefer Container Market Revenues & Volume, By Absorption Cooling, 2021 - 2031F |
6.2.4 Latvia Reefer Container Market Revenues & Volume, By Thermoelectric, 2021 - 2031F |
6.2.5 Latvia Reefer Container Market Revenues & Volume, By Liquid Nitrogen, 2021 - 2031F |
6.2.6 Latvia Reefer Container Market Revenues & Volume, By Solar-Powered, 2021 - 2031F |
6.3 Latvia Reefer Container Market, By Container Size |
6.3.1 Overview and Analysis |
6.3.2 Latvia Reefer Container Market Revenues & Volume, By 20 ft, 2021 - 2031F |
6.3.3 Latvia Reefer Container Market Revenues & Volume, By 40 ft, 2021 - 2031F |
6.3.4 Latvia Reefer Container Market Revenues & Volume, By Custom Sizes, 2021 - 2031F |
6.3.5 Latvia Reefer Container Market Revenues & Volume, By 10 ft, 2021 - 2031F |
6.3.6 Latvia Reefer Container Market Revenues & Volume, By 45 ft, 2021 - 2031F |
6.4 Latvia Reefer Container Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Reefer Container Market Revenues & Volume, By Perishable Goods, 2021 - 2031F |
6.4.3 Latvia Reefer Container Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4.4 Latvia Reefer Container Market Revenues & Volume, By Seafood & Meat, 2021 - 2031F |
6.4.5 Latvia Reefer Container Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.4.6 Latvia Reefer Container Market Revenues & Volume, By Floral & Plants, 2021 - 2031F |
6.5 Latvia Reefer Container Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Latvia Reefer Container Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.5.3 Latvia Reefer Container Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.5.4 Latvia Reefer Container Market Revenues & Volume, By Logistics, 2021 - 2031F |
6.5.5 Latvia Reefer Container Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.5.6 Latvia Reefer Container Market Revenues & Volume, By Horticulture, 2021 - 2031F |
7 Latvia Reefer Container Market Import-Export Trade Statistics |
7.1 Latvia Reefer Container Market Export to Major Countries |
7.2 Latvia Reefer Container Market Imports from Major Countries |
8 Latvia Reefer Container Market Key Performance Indicators |
9 Latvia Reefer Container Market - Opportunity Assessment |
9.1 Latvia Reefer Container Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Reefer Container Market Opportunity Assessment, By Cooling Technology, 2021 & 2031F |
9.3 Latvia Reefer Container Market Opportunity Assessment, By Container Size, 2021 & 2031F |
9.4 Latvia Reefer Container Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Reefer Container Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Reefer Container Market - Competitive Landscape |
10.1 Latvia Reefer Container Market Revenue Share, By Companies, 2024 |
10.2 Latvia Reefer Container Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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