| Product Code: ETC5895393 | 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 truck refrigeration unit import market in Latvia continues to show a decline in both CAGR and growth rate, with a significant drop in concentration levels from 2023 to 2024. Despite this, the top exporting countries to Latvia in 2024 remain consistent, with Lithuania, Germany, China, Netherlands, and Ireland leading the pack. The low concentration levels suggest a diverse range of suppliers contributing to the market, offering Latvian businesses a variety of options when sourcing truck refrigeration units. Continued monitoring of market trends and supplier performance will be crucial for stakeholders in 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 Truck Refrigeration Unit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Truck Refrigeration Unit Market - Industry Life Cycle |
3.4 Latvia Truck Refrigeration Unit Market - Porter's Five Forces |
3.5 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.9 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Bus Length, 2021 & 2031F |
3.10 Latvia Truck Refrigeration Unit Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Latvia Truck Refrigeration Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fresh and frozen goods transportation |
4.2.2 Growing adoption of refrigerated trucks in food and pharmaceutical industries |
4.2.3 Technological advancements in truck refrigeration units improving efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of truck refrigeration units |
4.3.2 Fluctuating fuel prices impacting operational costs |
4.3.3 Stringent regulations and environmental concerns regarding refrigerants used in refrigeration units |
5 Latvia Truck Refrigeration Unit Market Trends |
6 Latvia Truck Refrigeration Unit Market Segmentations |
6.1 Latvia Truck Refrigeration Unit Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By LCV, 2021-2031F |
6.1.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By M&HCV, 2021-2031F |
6.1.4 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Trailer (Container), 2021-2031F |
6.1.5 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Bus, 2021-2031F |
6.2 Latvia Truck Refrigeration Unit Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Split system, 2021-2031F |
6.2.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Roof mount system, 2021-2031F |
6.3 Latvia Truck Refrigeration Unit Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Frozen, 2021-2031F |
6.3.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Chilled, 2021-2031F |
6.4 Latvia Truck Refrigeration Unit Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Frozen food, 2021-2031F |
6.4.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Pharma drugs & chemicals, 2021-2031F |
6.4.4 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Ambulance & passenger transport, 2021-2031F |
6.5 Latvia Truck Refrigeration Unit Market, By Bus Length |
6.5.1 Overview and Analysis |
6.5.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By <8 meters, 2021-2031F |
6.5.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By 8-12 meters, 2021-2031F |
6.5.4 Latvia Truck Refrigeration Unit Market Revenues & Volume, By >12 meters, 2021-2031F |
6.6 Latvia Truck Refrigeration Unit Market, By Size |
6.6.1 Overview and Analysis |
6.6.2 Latvia Truck Refrigeration Unit Market Revenues & Volume, By 20-feet, 2021-2031F |
6.6.3 Latvia Truck Refrigeration Unit Market Revenues & Volume, By 40-feet, 2021-2031F |
6.6.4 Latvia Truck Refrigeration Unit Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Truck Refrigeration Unit Market Import-Export Trade Statistics |
7.1 Latvia Truck Refrigeration Unit Market Export to Major Countries |
7.2 Latvia Truck Refrigeration Unit Market Imports from Major Countries |
8 Latvia Truck Refrigeration Unit Market Key Performance Indicators |
8.1 Energy efficiency of truck refrigeration units |
8.2 Maintenance frequency and downtime of refrigeration units |
8.3 Adoption rate of eco-friendly refrigerants in the market |
9 Latvia Truck Refrigeration Unit Market - Opportunity Assessment |
9.1 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.5 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Bus Length, 2021 & 2031F |
9.6 Latvia Truck Refrigeration Unit Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Latvia Truck Refrigeration Unit Market - Competitive Landscape |
10.1 Latvia Truck Refrigeration Unit Market Revenue Share, By Companies, 2024 |
10.2 Latvia Truck Refrigeration Unit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |