| Product Code: ETC7924862 | 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 |
The wood chipper machines import shipments to Latvia in 2024 saw a significant increase in concentration, with top exporters being Germany, Estonia, Netherlands, Lithuania, and China. The high Herfindahl-Hirschman Index (HHI) reflects market dominance by these countries. Despite a negative compound annual growth rate (CAGR) of -8.34% from 2020 to 2024, the steep decline in growth rate from 2023 to 2024 at -32.73% indicates a challenging year for the industry. This shift in concentration and negative growth rates suggest potential shifts in market dynamics and competitive landscape for wood chipper machines 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 Wood Chipper Machines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wood Chipper Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wood Chipper Machines Market - Industry Life Cycle |
3.4 Latvia Wood Chipper Machines Market - Porter's Five Forces |
3.5 Latvia Wood Chipper Machines Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Wood Chipper Machines Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Wood Chipper Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly solutions for wood waste management |
4.2.2 Government initiatives promoting the use of wood chipper machines for forestry and agriculture applications |
4.2.3 Growing awareness about the benefits of wood chipper machines in enhancing productivity and efficiency in wood processing industries |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing wood chipper machines |
4.3.2 Limited availability of skilled technicians for maintenance and operation of wood chipper machines |
4.3.3 Environmental regulations and compliance requirements affecting the adoption of wood chipper machines |
5 Latvia Wood Chipper Machines Market Trends |
6 Latvia Wood Chipper Machines Market, By Types |
6.1 Latvia Wood Chipper Machines Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wood Chipper Machines Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Wood Chipper Machines Market Revenues & Volume, By Drum, 2021- 2031F |
6.1.4 Latvia Wood Chipper Machines Market Revenues & Volume, By Disc, 2021- 2031F |
6.1.5 Latvia Wood Chipper Machines Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Wood Chipper Machines Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wood Chipper Machines Market Revenues & Volume, By Forestry & Biomass, 2021- 2031F |
6.2.3 Latvia Wood Chipper Machines Market Revenues & Volume, By Paper & Pulp, 2021- 2031F |
6.2.4 Latvia Wood Chipper Machines Market Revenues & Volume, By Timber Factories & Sawmills, 2021- 2031F |
6.2.5 Latvia Wood Chipper Machines Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.6 Latvia Wood Chipper Machines Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wood Chipper Machines Market Import-Export Trade Statistics |
7.1 Latvia Wood Chipper Machines Market Export to Major Countries |
7.2 Latvia Wood Chipper Machines Market Imports from Major Countries |
8 Latvia Wood Chipper Machines Market Key Performance Indicators |
8.1 Average utilization rate of wood chipper machines in the industry |
8.2 Rate of adoption of wood chipper machines by forestry and agriculture sectors |
8.3 Efficiency improvement percentage achieved by companies using wood chipper machines |
9 Latvia Wood Chipper Machines Market - Opportunity Assessment |
9.1 Latvia Wood Chipper Machines Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Wood Chipper Machines Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Wood Chipper Machines Market - Competitive Landscape |
10.1 Latvia Wood Chipper Machines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wood Chipper Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |