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Latvia Automotive Industry Outlook 2022 - 2026

See how Latvia Automotive performed compared to key markets.

Key Market Indicators

Latvian Vehicle Registration is projected to hit 19,750 units by 2026. This is up from 18,890 units in 2021. It's expected to grow an average of just half a percent each year. Since 2010, the Latvian vehicle market has declined by an average of 1.5% annually.

Latvia Automotive Market Data and Forecasts

What is the size of the Latvian Automotive Market in 2022?

Passenger Vehicles Except Buses Market Size Value in Latvia
Trucks Market Size Value Per Capita in Latvia
Motor Vehicles Parts and Accessories Market Size Value Per Capita in Latvia
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