| Product Code: ETC10975285 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s import of venturi tubes in 2024 saw a shift towards moderate concentration, with top exporting countries being Germany, Poland, Lithuania, Denmark, and Finland. The HHI moving from low to moderate concentration indicates evolving market dynamics. However, the negative CAGR of -7.86% over 2020-24 and a significant growth rate decline of -27.78% from 2023-24 suggest challenges in the market. Stakeholders should closely monitor these trends to adapt strategies and capitalize on emerging opportunities in the Latvian venturi tubes import market.

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 Venturi Tubes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Venturi Tubes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Venturi Tubes Market - Industry Life Cycle |
3.4 Latvia Venturi Tubes Market - Porter's Five Forces |
3.5 Latvia Venturi Tubes Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Venturi Tubes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Venturi Tubes Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.8 Latvia Venturi Tubes Market Revenues & Volume Share, By Measurement Parameter, 2021 & 2031F |
3.9 Latvia Venturi Tubes Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Latvia Venturi Tubes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient solutions in various industries |
4.2.2 Increasing focus on environmental sustainability and regulatory compliance |
4.2.3 Technological advancements leading to more efficient and accurate measurement solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing venturi tube systems |
4.3.2 Limited awareness and understanding of venturi tube technology among end-users |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 Latvia Venturi Tubes Market Trends |
6 Latvia Venturi Tubes Market, By Types |
6.1 Latvia Venturi Tubes Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Venturi Tubes Market Revenues & Volume, By Material, 2021 - 2031F |
6.1.3 Latvia Venturi Tubes Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.1.4 Latvia Venturi Tubes Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2 Latvia Venturi Tubes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Venturi Tubes Market Revenues & Volume, By Fluid Flow Measurement, 2021 - 2031F |
6.2.3 Latvia Venturi Tubes Market Revenues & Volume, By Air Flow Measurement, 2021 - 2031F |
6.3 Latvia Venturi Tubes Market, By Design |
6.3.1 Overview and Analysis |
6.3.2 Latvia Venturi Tubes Market Revenues & Volume, By Classical Venturi, 2021 - 2031F |
6.3.3 Latvia Venturi Tubes Market Revenues & Volume, By Short Form Venturi, 2021 - 2031F |
6.4 Latvia Venturi Tubes Market, By Measurement Parameter |
6.4.1 Overview and Analysis |
6.4.2 Latvia Venturi Tubes Market Revenues & Volume, By Pressure Drop, 2021 - 2031F |
6.4.3 Latvia Venturi Tubes Market Revenues & Volume, By Flow Rate, 2021 - 2031F |
6.5 Latvia Venturi Tubes Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 Latvia Venturi Tubes Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.5.3 Latvia Venturi Tubes Market Revenues & Volume, By Water Treatment, 2021 - 2031F |
7 Latvia Venturi Tubes Market Import-Export Trade Statistics |
7.1 Latvia Venturi Tubes Market Export to Major Countries |
7.2 Latvia Venturi Tubes Market Imports from Major Countries |
8 Latvia Venturi Tubes Market Key Performance Indicators |
8.1 Energy savings achieved through the use of venturi tube systems |
8.2 Percentage of industries adopting venturi tube technology |
8.3 Number of research and development initiatives focused on enhancing venturi tube efficiency |
9 Latvia Venturi Tubes Market - Opportunity Assessment |
9.1 Latvia Venturi Tubes Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Venturi Tubes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Venturi Tubes Market Opportunity Assessment, By Design, 2021 & 2031F |
9.4 Latvia Venturi Tubes Market Opportunity Assessment, By Measurement Parameter, 2021 & 2031F |
9.5 Latvia Venturi Tubes Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Latvia Venturi Tubes Market - Competitive Landscape |
10.1 Latvia Venturi Tubes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Venturi Tubes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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