| Product Code: ETC7921544 | 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 |
The small size pickup truck import market in Latvia showed steady growth with a CAGR of 5.23% from 2020 to 2024. The top exporting countries to Latvia in 2024, including Germany, Poland, and the Netherlands, indicate strong trade relations. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), the market experienced a moderate growth rate of 2.53% from 2023 to 2024. This suggests a stable and competitive market environment for small size pickup truck imports 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 Small Size Pickup Truck Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Small Size Pickup Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Small Size Pickup Truck Market - Industry Life Cycle |
3.4 Latvia Small Size Pickup Truck Market - Porter's Five Forces |
3.5 Latvia Small Size Pickup Truck Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.6 Latvia Small Size Pickup Truck Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Small Size Pickup Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for versatile and practical vehicles in urban and rural areas |
4.2.2 Growing trend of outdoor recreational activities and sports that require transportation of equipment |
4.2.3 Government initiatives promoting the use of eco-friendly vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing a small size pickup truck compared to other vehicle types |
4.3.2 Limited customization options and features available for small size pickup trucks |
4.3.3 Lack of infrastructure and support services for maintenance and repair of small size pickup trucks |
5 Latvia Small Size Pickup Truck Market Trends |
6 Latvia Small Size Pickup Truck Market, By Types |
6.1 Latvia Small Size Pickup Truck Market, By Propulsion Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Small Size Pickup Truck Market Revenues & Volume, By Propulsion Type, 2021- 2031F |
6.1.3 Latvia Small Size Pickup Truck Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.4 Latvia Small Size Pickup Truck Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.5 Latvia Small Size Pickup Truck Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.1.6 Latvia Small Size Pickup Truck Market Revenues & Volume, By Electric, 2021- 2031F |
6.2 Latvia Small Size Pickup Truck Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Small Size Pickup Truck Market Revenues & Volume, By Luxury Medium Commercial Vehicles, 2021- 2031F |
6.2.3 Latvia Small Size Pickup Truck Market Revenues & Volume, By Heavy Duty Commercial Vehicles, 2021- 2031F |
6.2.4 Latvia Small Size Pickup Truck Market Revenues & Volume, By Light Duty Commercial Vehicles, 2021- 2031F |
7 Latvia Small Size Pickup Truck Market Import-Export Trade Statistics |
7.1 Latvia Small Size Pickup Truck Market Export to Major Countries |
7.2 Latvia Small Size Pickup Truck Market Imports from Major Countries |
8 Latvia Small Size Pickup Truck Market Key Performance Indicators |
8.1 Average age of small size pickup trucks in operation |
8.2 Number of new models and variants introduced in the market |
8.3 Percentage of small size pickup trucks equipped with advanced safety features |
8.4 Average fuel efficiency of small size pickup trucks |
8.5 Adoption rate of electric or hybrid small size pickup trucks |
9 Latvia Small Size Pickup Truck Market - Opportunity Assessment |
9.1 Latvia Small Size Pickup Truck Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.2 Latvia Small Size Pickup Truck Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Small Size Pickup Truck Market - Competitive Landscape |
10.1 Latvia Small Size Pickup Truck Market Revenue Share, By Companies, 2024 |
10.2 Latvia Small Size Pickup Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |