| Product Code: ETC5770373 | 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 |
Latvia`s small gas engines import market in 2024 saw consistent dominance from top exporting countries such as Germany, Lithuania, Hungary, Netherlands, and Estonia. Despite a negative Compound Annual Growth Rate (CAGR) of -13.19% from 2020 to 2024 and a steep decline in growth rate of -27.36% from 2023 to 2024, the Herfindahl-Hirschman Index (HHI) indicated sustained high concentration within the market. This data suggests that while import volumes may have decreased, the market remains stable with key players maintaining their strong presence in supplying small gas engines 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 Small Gas Engines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Small Gas Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Small Gas Engines Market - Industry Life Cycle |
3.4 Latvia Small Gas Engines Market - Porter's Five Forces |
3.5 Latvia Small Gas Engines Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.6 Latvia Small Gas Engines Market Revenues & Volume Share, By Displacement, 2021 & 2031F |
3.7 Latvia Small Gas Engines Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Small Gas Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for small gas engines in landscaping and gardening applications |
4.2.2 Growing adoption of small gas engines in recreational vehicles and marine industry |
4.2.3 Rising focus on sustainability and environmental regulations promoting the use of small gas engines |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Increasing competition from electric engines and alternative fuel technologies |
5 Latvia Small Gas Engines Market Trends |
6 Latvia Small Gas Engines Market Segmentations |
6.1 Latvia Small Gas Engines Market, By Equipment |
6.1.1 Overview and Analysis |
6.1.2 Latvia Small Gas Engines Market Revenues & Volume, By Lawnmower, 2021-2031F |
6.1.3 Latvia Small Gas Engines Market Revenues & Volume, By Chainsaw, 2021-2031F |
6.1.4 Latvia Small Gas Engines Market Revenues & Volume, By String Trimmer, 2021-2031F |
6.1.5 Latvia Small Gas Engines Market Revenues & Volume, By Hedge Trimmer, 2021-2031F | 6.1.7 Latvia Small Gas Engines Market Revenues & Volume, By Portable Generator, 2021-2031F |
6.2 Latvia Small Gas Engines Market, By Displacement |
6.2.1 Overview and Analysis |
6.2.2 Latvia Small Gas Engines Market Revenues & Volume, By 20-100cc, 2021-2031F |
6.2.3 Latvia Small Gas Engines Market Revenues & Volume, By 101-400cc, 2021-2031F |
6.2.4 Latvia Small Gas Engines Market Revenues & Volume, By 401-650cc, 2021-2031F |
6.3 Latvia Small Gas Engines Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Small Gas Engines Market Revenues & Volume, By Gardening, 2021-2031F |
6.3.3 Latvia Small Gas Engines Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Latvia Small Gas Engines Market Revenues & Volume, By Construction, 2021-2031F |
7 Latvia Small Gas Engines Market Import-Export Trade Statistics |
7.1 Latvia Small Gas Engines Market Export to Major Countries |
7.2 Latvia Small Gas Engines Market Imports from Major Countries |
8 Latvia Small Gas Engines Market Key Performance Indicators |
8.1 Average utilization rate of small gas engines in various applications |
8.2 Number of new product innovations and technological advancements in small gas engines |
8.3 Percentage of market share held by eco-friendly small gas engines |
9 Latvia Small Gas Engines Market - Opportunity Assessment |
9.1 Latvia Small Gas Engines Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.2 Latvia Small Gas Engines Market Opportunity Assessment, By Displacement, 2021 & 2031F |
9.3 Latvia Small Gas Engines Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Small Gas Engines Market - Competitive Landscape |
10.1 Latvia Small Gas Engines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Small Gas Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |