| Product Code: ETC5688312 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s import of transmission fluids in 2024 continued to be dominated by neighboring countries such as Poland, Germany, Lithuania, Finland, and Estonia. The market exhibited moderate concentration levels as indicated by the Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 12.97% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -9.47%. This suggests a potential shift or temporary slowdown in the market dynamics, warranting further analysis to understand the underlying factors influencing the transmission fluids import industry 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 Transmission Fluids Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Transmission Fluids Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Transmission Fluids Market - Industry Life Cycle |
3.4 Latvia Transmission Fluids Market - Porter's Five Forces |
3.5 Latvia Transmission Fluids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Transmission Fluids Market Revenues & Volume Share, By Base Oil, 2021 & 2031F |
3.7 Latvia Transmission Fluids Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Transmission Fluids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance vehicles in Latvia |
4.2.2 Growing automotive industry in the country |
4.2.3 Rising focus on vehicle maintenance and efficiency |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations regarding environmental impact of transmission fluids |
4.3.3 Competition from substitute products like electric vehicles |
5 Latvia Transmission Fluids Market Trends |
6 Latvia Transmission Fluids Market Segmentations |
6.1 Latvia Transmission Fluids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Transmission Fluids Market Revenues & Volume, By Automatic Transmission Fluid/ATF, 2021-2031F |
6.1.3 Latvia Transmission Fluids Market Revenues & Volume, By Manual Transmission Fluid/MTF, 2021-2031F |
6.1.4 Latvia Transmission Fluids Market Revenues & Volume, By CVT, 2021-2031F |
6.1.5 Latvia Transmission Fluids Market Revenues & Volume, By DCT, 2021-2031F |
6.2 Latvia Transmission Fluids Market, By Base Oil |
6.2.1 Overview and Analysis |
6.2.2 Latvia Transmission Fluids Market Revenues & Volume, By Mineral, 2021-2031F |
6.2.3 Latvia Transmission Fluids Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2.4 Latvia Transmission Fluids Market Revenues & Volume, By Semi-Synthetic, 2021-2031F |
6.3 Latvia Transmission Fluids Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Transmission Fluids Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Latvia Transmission Fluids Market Revenues & Volume, By Off-Road Vehicle, 2021-2031F |
7 Latvia Transmission Fluids Market Import-Export Trade Statistics |
7.1 Latvia Transmission Fluids Market Export to Major Countries |
7.2 Latvia Transmission Fluids Market Imports from Major Countries |
8 Latvia Transmission Fluids Market Key Performance Indicators |
8.1 Average age of vehicles in Latvia |
8.2 Number of vehicles in operation in the country |
8.3 Frequency of transmission fluid changes by vehicle owners |
9 Latvia Transmission Fluids Market - Opportunity Assessment |
9.1 Latvia Transmission Fluids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Transmission Fluids Market Opportunity Assessment, By Base Oil, 2021 & 2031F |
9.3 Latvia Transmission Fluids Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Transmission Fluids Market - Competitive Landscape |
10.1 Latvia Transmission Fluids Market Revenue Share, By Companies, 2024 |
10.2 Latvia Transmission Fluids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |