| Product Code: ETC7924710 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a significant increase in wind energy foundation imports, with top exporting countries being Poland, Lithuania, Austria, Estonia, and Germany. The market concentration, as measured by the HHI, reached very high levels, indicating a competitive landscape dominated by a few key players. This growth trend is further supported by a strong compound annual growth rate (CAGR) of 5.67% from 2020 to 2024 and an impressive growth rate of 31.77% from 2023 to 2024, highlighting the growing importance of wind energy in Latvia`s renewable energy sector.

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 Wind Energy Foundation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wind Energy Foundation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wind Energy Foundation Market - Industry Life Cycle |
3.4 Latvia Wind Energy Foundation Market - Porter's Five Forces |
3.5 Latvia Wind Energy Foundation Market Revenues & Volume Share, By Location, 2021 & 2031F |
3.6 Latvia Wind Energy Foundation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wind Energy Foundation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects |
4.2.2 Growing awareness and demand for clean energy sources |
4.2.3 Technological advancements leading to cost reduction and improved efficiency in wind energy production |
4.3 Market Restraints |
4.3.1 High initial investment costs for wind energy projects |
4.3.2 Challenges in grid integration and intermittency of wind energy |
4.3.3 Regulatory uncertainties and policy changes impacting market stability |
5 Latvia Wind Energy Foundation Market Trends |
6 Latvia Wind Energy Foundation Market, By Types |
6.1 Latvia Wind Energy Foundation Market, By Location |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wind Energy Foundation Market Revenues & Volume, By Location, 2021- 2031F |
6.1.3 Latvia Wind Energy Foundation Market Revenues & Volume, By Onshore, 2021- 2031F |
6.1.4 Latvia Wind Energy Foundation Market Revenues & Volume, By Offshore, 2021- 2031F |
6.2 Latvia Wind Energy Foundation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wind Energy Foundation Market Revenues & Volume, By Utility, 2021- 2031F |
6.2.3 Latvia Wind Energy Foundation Market Revenues & Volume, By Non-utility, 2021- 2031F |
7 Latvia Wind Energy Foundation Market Import-Export Trade Statistics |
7.1 Latvia Wind Energy Foundation Market Export to Major Countries |
7.2 Latvia Wind Energy Foundation Market Imports from Major Countries |
8 Latvia Wind Energy Foundation Market Key Performance Indicators |
8.1 Capacity utilization rate of wind energy projects |
8.2 Levelized cost of energy (LCOE) for wind power generation |
8.3 Number of new wind energy projects commissioned |
8.4 Average age of wind turbines in operation |
8.5 Percentage of energy consumption met by wind power |
9 Latvia Wind Energy Foundation Market - Opportunity Assessment |
9.1 Latvia Wind Energy Foundation Market Opportunity Assessment, By Location, 2021 & 2031F |
9.2 Latvia Wind Energy Foundation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wind Energy Foundation Market - Competitive Landscape |
10.1 Latvia Wind Energy Foundation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wind Energy Foundation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |