| Product Code: ETC7921540 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s small-scale LNG terminals received significant import shipments from key countries including Lithuania, Poland, Germany, USA, and Sweden. Despite high concentration levels indicated by HHI, the industry experienced a notable decline with a negative CAGR of -34.66% over the period 2020-2024. The growth rate plummeted further in 2024 with a sharp decrease of -79.14%, reflecting a challenging environment for the small-scale LNG sector in Latvia. The market dynamics suggest a need for strategic interventions to revitalize and sustain the industry.

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 Scale LNG Terminals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Small Scale LNG Terminals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Small Scale LNG Terminals Market - Industry Life Cycle |
3.4 Latvia Small Scale LNG Terminals Market - Porter's Five Forces |
3.5 Latvia Small Scale LNG Terminals Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Small Scale LNG Terminals Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Small Scale LNG Terminals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cleaner energy sources |
4.2.2 Government initiatives to reduce carbon emissions |
4.2.3 Growing focus on energy security and diversification |
4.3 Market Restraints |
4.3.1 High initial investment costs |
4.3.2 Limited infrastructure for LNG distribution |
4.3.3 Regulatory challenges and permitting delays |
5 Latvia Small Scale LNG Terminals Market Trends |
6 Latvia Small Scale LNG Terminals Market, By Types |
6.1 Latvia Small Scale LNG Terminals Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Small Scale LNG Terminals Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Small Scale LNG Terminals Market Revenues & Volume, By Liquefaction, 2021- 2031F |
6.1.4 Latvia Small Scale LNG Terminals Market Revenues & Volume, By Regasification, 2021- 2031F |
6.2 Latvia Small Scale LNG Terminals Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Small Scale LNG Terminals Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Latvia Small Scale LNG Terminals Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Latvia Small Scale LNG Terminals Market Import-Export Trade Statistics |
7.1 Latvia Small Scale LNG Terminals Market Export to Major Countries |
7.2 Latvia Small Scale LNG Terminals Market Imports from Major Countries |
8 Latvia Small Scale LNG Terminals Market Key Performance Indicators |
8.1 Number of new LNG terminal projects initiated |
8.2 Percentage increase in LNG consumption in Latvia |
8.3 Number of partnerships and collaborations in the LNG industry |
8.4 Average time for project approval and construction of LNG terminals |
8.5 Percentage growth in LNG infrastructure development in Latvia |
9 Latvia Small Scale LNG Terminals Market - Opportunity Assessment |
9.1 Latvia Small Scale LNG Terminals Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Small Scale LNG Terminals Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Small Scale LNG Terminals Market - Competitive Landscape |
10.1 Latvia Small Scale LNG Terminals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Small Scale LNG Terminals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |