Key Market Indicators
Latvia's pipeline transport volume plummeted to 106 million tonne-kilometers in 2022, marking a sharp 47.5% decline from the previous year's 201.7 million tonne-kilometers. This significant drop comes amid a broader trend of declining demand, which has seen a 40.4% year-on-year decrease since 2000. In 2022, Latvia ranked 13th in pipeline transport volume. Bulgaria edged out Latvia with an identical 106 million tonne-kilometers. Leading the rankings were Kazakhstan, Poland, and France, occupying the second, third, and fourth positions, respectively. Looking ahead, Latvia's pipeline length is projected to decrease from 317 kilometers in 2023 to 265 kilometers by 2028, averaging an annual decline of 2.8%. This continues a long-term trend, with Latvian pipeline supply having decreased by 1.3% annually since 1995. In 2023, Latvia was ranked 15th in pipeline length, with Denmark surpassing it at 317 kilometers. The top spots were held by Italy, Romania, and Poland, ranking second, third, and fourth, respectively.