| Product Code: ETC5081585 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia`s meteorological equipment import shipments in 2024 saw a notable shift in the top exporting countries, with the UK, Germany, USA, Finland, and Metropolitan France leading the way. The market displayed a very low concentration level in 2024, indicating increased diversification among suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 12.67%, pointing to a steady expansion in the market for meteorological equipment in Latvia.
In the Europe region, the Meteorological Equipment market in Latvia is projected to expand at a stable growth rate of 2.89% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Meteorological Equipment Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Meteorological Equipment Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Meteorological Equipment Market - Industry Life Cycle  | 
3.4 Latvia Meteorological Equipment Market - Porter's Five Forces  | 
3.5 Latvia Meteorological Equipment Market Revenues & Volume Share, By Instruments, 2021 & 2031F  | 
3.6 Latvia Meteorological Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F  | 
3.7 Latvia Meteorological Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F  | 
4 Latvia Meteorological Equipment Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing demand for accurate weather forecasting in Latvia  | 
4.2.2 Growing awareness about the impact of climate change  | 
4.2.3 Government initiatives to modernize meteorological infrastructure  | 
4.3 Market Restraints  | 
4.3.1 High initial investment cost for meteorological equipment  | 
4.3.2 Technological complexities in integrating advanced meteorological solutions  | 
4.3.3 Limited skilled workforce for operating and maintaining meteorological equipment  | 
5 Latvia Meteorological Equipment Market Trends  | 
6 Latvia Meteorological Equipment Market Segmentations  | 
6.1 Latvia Meteorological Equipment Market, By Instruments  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Meteorological Equipment Market Revenues & Volume, By Anemometer, 2021-2031F  | 
6.1.3 Latvia Meteorological Equipment Market Revenues & Volume, By Hygrometer, 2021-2031F  | 
6.1.4 Latvia Meteorological Equipment Market Revenues & Volume, By Thermometer, 2021-2031F  | 
6.1.5 Latvia Meteorological Equipment Market Revenues & Volume, By Barometer, 2021-2031F  | 
6.1.6 Latvia Meteorological Equipment Market Revenues & Volume, By Pyrometer, 2021-2031F  | 
6.1.7 Latvia Meteorological Equipment Market Revenues & Volume, By Ceilometer, 2021-2031F  | 
6.1.9 Latvia Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F  | 
6.1.10 Latvia Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F  | 
6.2 Latvia Meteorological Equipment Market, By End-users  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Meteorological Equipment Market Revenues & Volume, By Research Institute, 2021-2031F  | 
6.2.3 Latvia Meteorological Equipment Market Revenues & Volume, By Weather Forecasting, 2021-2031F  | 
6.2.4 Latvia Meteorological Equipment Market Revenues & Volume, By Chemical Industry, 2021-2031F  | 
6.2.5 Latvia Meteorological Equipment Market Revenues & Volume, By Biotechnical Industry, 2021-2031F  | 
6.2.6 Latvia Meteorological Equipment Market Revenues & Volume, By Weather Station, 2021-2031F  | 
6.2.7 Latvia Meteorological Equipment Market Revenues & Volume, By Environmental Study, 2021-2031F  | 
6.2.8 Latvia Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F  | 
6.2.9 Latvia Meteorological Equipment Market Revenues & Volume, By Other, 2021-2031F  | 
6.3 Latvia Meteorological Equipment Market, By Distribution Channel  | 
6.3.1 Overview and Analysis  | 
6.3.2 Latvia Meteorological Equipment Market Revenues & Volume, By B2B, 2021-2031F  | 
6.3.3 Latvia Meteorological Equipment Market Revenues & Volume, By B2C, 2021-2031F  | 
6.3.4 Latvia Meteorological Equipment Market Revenues & Volume, By Hypermarkets, 2021-2031F  | 
6.3.5 Latvia Meteorological Equipment Market Revenues & Volume, By Specialty stores, 2021-2031F  | 
6.3.6 Latvia Meteorological Equipment Market Revenues & Volume, By Online stores, 2021-2031F  | 
6.3.7 Latvia Meteorological Equipment Market Revenues & Volume, By Others, 2021-2031F  | 
7 Latvia Meteorological Equipment Market Import-Export Trade Statistics  | 
7.1 Latvia Meteorological Equipment Market Export to Major Countries  | 
7.2 Latvia Meteorological Equipment Market Imports from Major Countries  | 
8 Latvia Meteorological Equipment Market Key Performance Indicators  | 
8.1 Adoption rate of advanced meteorological equipment in Latvia  | 
8.2 Rate of investment in meteorological infrastructure upgrades  | 
8.3 Percentage of meteorological equipment downtime due to technical issues  | 
9 Latvia Meteorological Equipment Market - Opportunity Assessment  | 
9.1 Latvia Meteorological Equipment Market Opportunity Assessment, By Instruments, 2021 & 2031F  | 
9.2 Latvia Meteorological Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F  | 
9.3 Latvia Meteorological Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F  | 
10 Latvia Meteorological Equipment Market - Competitive Landscape  | 
10.1 Latvia Meteorological Equipment Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Meteorological Equipment Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |