| Product Code: ETC5776757 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The screw compressor import shipments to Latvia in 2024 continued to see high concentration, with Germany, Belgium, Italy, Estonia, and China being the top exporting countries. The Herfindahl-Hirschman Index (HHI) remained at elevated levels, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.47%, showing steady growth. However, the growth rate in 2024 slowed slightly to 0.1%, possibly reflecting market saturation or external factors impacting demand. Monitoring these trends can provide valuable insights for businesses operating in the screw compressor import market 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 Screw Compressor Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Screw Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Screw Compressor Market - Industry Life Cycle |
3.4 Latvia Screw Compressor Market - Porter's Five Forces |
3.5 Latvia Screw Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Screw Compressor Market Revenues & Volume Share, By Stage, 2021 & 2031F |
3.7 Latvia Screw Compressor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Screw Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and environmentally friendly screw compressors in various industries. |
4.2.2 Growing investments in infrastructure development projects in Latvia. |
4.2.3 Adoption of advanced technologies and automation in manufacturing processes driving the demand for screw compressors. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with screw compressors. |
4.3.2 Fluctuating raw material prices impacting the overall cost of production. |
4.3.3 Intense competition among key market players leading to pricing pressures. |
5 Latvia Screw Compressor Market Trends |
6 Latvia Screw Compressor Market Segmentations |
6.1 Latvia Screw Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Screw Compressor Market Revenues & Volume, By Oil-free, 2021-2031F |
6.1.3 Latvia Screw Compressor Market Revenues & Volume, By Oil-Injected, 2021-2031F |
6.2 Latvia Screw Compressor Market, By Stage |
6.2.1 Overview and Analysis |
6.2.2 Latvia Screw Compressor Market Revenues & Volume, By Single, 2021-2031F |
6.2.3 Latvia Screw Compressor Market Revenues & Volume, By Multi, 2021-2031F |
6.3 Latvia Screw Compressor Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Latvia Screw Compressor Market Revenues & Volume, By Stationary, 2021-2031F | 6.3.3 Latvia Screw Compressor Market Revenues & Volume, By Portable, 2021-2031F |
7 Latvia Screw Compressor Market Import-Export Trade Statistics |
7.1 Latvia Screw Compressor Market Export to Major Countries |
7.2 Latvia Screw Compressor Market Imports from Major Countries |
8 Latvia Screw Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of screw compressors. |
8.2 Adoption rate of screw compressors in new infrastructure projects. |
8.3 Percentage of manufacturers investing in research and development for innovative screw compressor technologies. |
9 Latvia Screw Compressor Market - Opportunity Assessment |
9.1 Latvia Screw Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Screw Compressor Market Opportunity Assessment, By Stage, 2021 & 2031F |
9.3 Latvia Screw Compressor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Screw Compressor Market - Competitive Landscape |
10.1 Latvia Screw Compressor Market Revenue Share, By Companies, 2024 |
10.2 Latvia Screw Compressor 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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