Latvia Refrigeration Compressor Market (2025-2031) | Outlook, Revenue, Value, Industry, Trends, Growth, Forecast, Analysis, Size, Segmentation, Companies & Share

Name: Latvia Refrigeration Compressor Market (2025-2031) | Share & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Type (Reciprocating Compressor, Screw Compressor, Centrifugal Compressor, Rotary Compressor, Scroll Compressor, Others), By Application (Domestic, Commercial), By Used (Co2, R290, R410a, Others), By Industry (Food And Beverages, Logistics And Transportation, Chemical, Pharmaceutical, Automobile, Others) And Competitive Landscape

Product Code: ETC5209797	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Refrigeration Compressor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see strong import shipments of refrigeration compressors, with top exporting countries including Lithuania, Metropolitan France, Germany, Italy, and Czechia. The High Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports in the market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.81%, showing steady growth in demand. Notably, the growth rate from 2023 to 2024 surged to 15.38%, reflecting a significant uptick in import activity for refrigeration compressors in Latvia.

Latvia Refrigeration Compressor Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Refrigeration Compressor Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Latvia's Refrigeration Compressor market is anticipated to experience a stable growth rate of 4.37% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

Refrigeration Compressor Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Refrigeration Compressor Market Outlook
Market Size of Latvia Refrigeration Compressor Market, 2024
Forecast of Latvia Refrigeration Compressor Market, 2031
Historical Data and Forecast of Latvia Refrigeration Compressor Revenues & Volume for the Period 2021-2031
Latvia Refrigeration Compressor Market Trend Evolution
Latvia Refrigeration Compressor Market Drivers and Challenges
Latvia Refrigeration Compressor Price Trends
Latvia Refrigeration Compressor Porter`s Five Forces
Latvia Refrigeration Compressor Industry Life Cycle
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Reciprocating Compressor for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Screw Compressor for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Centrifugal Compressor for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Rotary Compressor for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Scroll Compressor for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Domestic for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Commercial for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Used for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Co2 for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By R290 for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By R410a for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Industry for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Food And Beverages for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Logistics And Transportation for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Chemical for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Automobile for the Period 2021-2031
Historical Data and Forecast of Latvia Refrigeration Compressor Market Revenues & Volume By Others for the Period 2021-2031
Latvia Refrigeration Compressor Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Used
Market Opportunity Assessment By Industry
Latvia Refrigeration Compressor Top Companies Market Share
Latvia Refrigeration Compressor Competitive Benchmarking By Technical and Operational Parameters
Latvia Refrigeration Compressor Company Profiles
Latvia Refrigeration Compressor Key Strategic Recommendations

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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 Refrigeration Compressor Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Refrigeration Compressor Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Refrigeration Compressor Market - Industry Life Cycle

3.4 Latvia Refrigeration Compressor Market - Porter's Five Forces

3.5 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Used, 2021 & 2031F

3.8 Latvia Refrigeration Compressor Market Revenues & Volume Share, By Industry, 2021 & 2031F

4 Latvia Refrigeration Compressor Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient refrigeration systems

4.2.2 Growth in the food and beverage industry in Latvia

4.2.3 Advancements in technology leading to the development of more efficient refrigeration compressors

4.3 Market Restraints

4.3.1 Fluctuating raw material prices affecting manufacturing costs

4.3.2 Stringent environmental regulations related to refrigerants used in compressors

4.3.3 Competition from substitute products like absorption refrigeration systems

5 Latvia Refrigeration Compressor Market Trends

6 Latvia Refrigeration Compressor Market Segmentations

6.1 Latvia Refrigeration Compressor Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Reciprocating Compressor, 2021-2031F

6.1.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Screw Compressor, 2021-2031F

6.1.4 Latvia Refrigeration Compressor Market Revenues & Volume, By Centrifugal Compressor, 2021-2031F

6.1.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Rotary Compressor, 2021-2031F

6.1.6 Latvia Refrigeration Compressor Market Revenues & Volume, By Scroll Compressor, 2021-2031F

6.1.7 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Refrigeration Compressor Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Domestic, 2021-2031F

6.2.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Commercial, 2021-2031F

6.3 Latvia Refrigeration Compressor Market, By Used

6.3.1 Overview and Analysis

6.3.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Co2, 2021-2031F

6.3.3 Latvia Refrigeration Compressor Market Revenues & Volume, By R290, 2021-2031F

6.3.4 Latvia Refrigeration Compressor Market Revenues & Volume, By R410a, 2021-2031F

6.3.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Refrigeration Compressor Market, By Industry

6.4.1 Overview and Analysis

6.4.2 Latvia Refrigeration Compressor Market Revenues & Volume, By Food And Beverages, 2021-2031F

6.4.3 Latvia Refrigeration Compressor Market Revenues & Volume, By Logistics And Transportation, 2021-2031F

6.4.4 Latvia Refrigeration Compressor Market Revenues & Volume, By Chemical, 2021-2031F

6.4.5 Latvia Refrigeration Compressor Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.4.6 Latvia Refrigeration Compressor Market Revenues & Volume, By Automobile, 2021-2031F

6.4.7 Latvia Refrigeration Compressor Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Refrigeration Compressor Market Import-Export Trade Statistics

7.1 Latvia Refrigeration Compressor Market Export to Major Countries

7.2 Latvia Refrigeration Compressor Market Imports from Major Countries

8 Latvia Refrigeration Compressor Market Key Performance Indicators

8.1 Energy efficiency ratio (EER) of refrigeration compressors in the market

8.2 Adoption rate of eco-friendly refrigerants in refrigeration compressors

8.3 Number of patents filed for innovative compressor technologies in Latvia

9 Latvia Refrigeration Compressor Market - Opportunity Assessment

9.1 Latvia Refrigeration Compressor Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Refrigeration Compressor Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Refrigeration Compressor Market Opportunity Assessment, By Used, 2021 & 2031F

9.4 Latvia Refrigeration Compressor Market Opportunity Assessment, By Industry, 2021 & 2031F

10 Latvia Refrigeration Compressor Market - Competitive Landscape

10.1 Latvia Refrigeration Compressor Market Revenue Share, By Companies, 2024

10.2 Latvia Refrigeration Compressor Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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