| Product Code: ETC5518604 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to import industrial gases mainly from neighboring countries such as Estonia, Austria, and Lithuania, indicating a strong regional trade network. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market with dominant suppliers. Despite a notable compound annual growth rate (CAGR) of 13.7% from 2020 to 2024, the negative growth rate of -14.94% from 2023 to 2024 might indicate a temporary slowdown or market adjustment. Overall, the industrial gases import market in Latvia shows resilience and potential for future growth.

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 Industrial Gases Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Industrial Gases Market Revenues & Volume, 2022 & 2032F |
3.3 Latvia Industrial Gases Market - Industry Life Cycle |
3.4 Latvia Industrial Gases Market - Porter's Five Forces |
3.5 Latvia Industrial Gases Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Latvia Industrial Gases Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Latvia Industrial Gases Market Revenues & Volume Share, By Distribution, 2022 & 2032F |
4 Latvia Industrial Gases Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the manufacturing sector in Latvia |
4.2.2 Increasing adoption of industrial gases in healthcare applications |
4.2.3 Favorable government regulations promoting the use of industrial gases in various industries |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices for industrial gases production |
4.3.2 Intense competition among industrial gas suppliers in Latvia |
4.3.3 Impact of economic downturns on industrial activities affecting demand for industrial gases |
5 Latvia Industrial Gases Market Trends |
6 Latvia Industrial Gases Market Segmentations |
6.1 Latvia Industrial Gases Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Industrial Gases Market Revenues & Volume, By Oxygen, 2022 - 2032F |
6.1.3 Latvia Industrial Gases Market Revenues & Volume, By Nitrogen, 2022 - 2032F |
6.1.4 Latvia Industrial Gases Market Revenues & Volume, By Hydrogen, 2022 - 2032F |
6.1.5 Latvia Industrial Gases Market Revenues & Volume, By Carbon Dioxide, 2022 - 2032F |
6.1.6 Latvia Industrial Gases Market Revenues & Volume, By Acetylene, 2022 - 2032F |
6.1.7 Latvia Industrial Gases Market Revenues & Volume, By Argon, 2022 - 2032F |
6.2 Latvia Industrial Gases Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Industrial Gases Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.2.3 Latvia Industrial Gases Market Revenues & Volume, By Manufacturing, 2022 - 2032F |
6.2.4 Latvia Industrial Gases Market Revenues & Volume, By Metallurgy & Glasses, 2022 - 2032F |
6.2.5 Latvia Industrial Gases Market Revenues & Volume, By Food & Beverage, 2022 - 2032F |
6.2.6 Latvia Industrial Gases Market Revenues & Volume, By Retail, 2022 - 2032F |
6.2.7 Latvia Industrial Gases Market Revenues & Volume, By Chemicals & Energy, 2022 - 2032F |
6.3 Latvia Industrial Gases Market, By Distribution |
6.3.1 Overview and Analysis |
6.3.2 Latvia Industrial Gases Market Revenues & Volume, By On-site, 2022 - 2032F |
6.3.3 Latvia Industrial Gases Market Revenues & Volume, By Bulk (Liquid Gas Transport), 2022 - 2032F |
6.3.4 Latvia Industrial Gases Market Revenues & Volume, By Cylinder (Merchant), 2022 - 2032F |
7 Latvia Industrial Gases Market Import-Export Trade Statistics |
7.1 Latvia Industrial Gases Market Export to Major Countries |
7.2 Latvia Industrial Gases Market Imports from Major Countries |
8 Latvia Industrial Gases Market Key Performance Indicators |
8.1 Average utilization rate of industrial gases production facilities |
8.2 Rate of adoption of advanced industrial gas technologies in key sectors |
8.3 Number of new contracts or partnerships with key industrial players for gas supply |
8.4 Percentage increase in investments in RD for innovative industrial gas solutions |
9 Latvia Industrial Gases Market - Opportunity Assessment |
9.1 Latvia Industrial Gases Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Latvia Industrial Gases Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Latvia Industrial Gases Market Opportunity Assessment, By Distribution, 2022 & 2032F |
10 Latvia Industrial Gases Market - Competitive Landscape |
10.1 Latvia Industrial Gases Market Revenue Share, By Companies, 2025 |
10.2 Latvia Industrial Gases Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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