Fuels market in Latvia: size, suppliers and public contracts
Market size and key facts
In 2025, public buyers in Latvia awarded 657 supply contracts for fuels through award notices on TED; the 545 of them that state a value (83%) add up to €71 million. Latvia imported €1.97 billion of goods in the customs headings matched to fuels in 2025 (Eurostat Comext, HS 2710, 2711, 2701, 2704, 2703 and 3 more headings; all buyers, not only public ones), down 15.3% from 2023.
- Since November 2023, 88 companies have won 1,412 public supply contracts for fuels in Latvia, in 496 award notices from 125 public buyers.
- 99.6% of these awards went to companies registered in Latvia; the most frequent foreign origin is Estonia.
- The five companies that win most often hold 46.8% of all awards.
- 14.9% of the awards whose notice states the number of tenders received a single bid.
In proportion
All public purchasing in Latvia — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €6.65 billion in 2025, 15.2% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.
Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.
Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)
How to cite: Cresques, "Fuels market in Latvia", https://cresques.com/markets/lv/091-fuels, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0.
- Winning companies
- 88
- since November 2023
- Award notices
- 496
- on TED
- Public buyers
- 125
- hospitals, schools, agencies
- Imports 2025
- €2B
- all buyers, Eurostat
The market in numbers
Public supply contracts in Latvia: award notices published on TED from 2023-11 to 2026-11, by publication year.
- Contracts awarded
- 1.4K
- in 496 award notices
- Awarded value
- €183.2M
- from 79% of awards with a published value
- Winning companies
- 88
- with at least one award
- Public buyers
- 125
- hospitals, cities, agencies
Table view
| Nov–Dec 2023 | 48 |
| 2024 | 397 |
| 2025 | 657 |
| 2026 | 310 |
Table view
| Nov–Dec 2023 | €7.9M |
| 2024 | €60.1M |
| 2025 | €71M |
| 2026 | €44.1M |
- Other96
Table view
| Cities, regions and central administration | 673 |
| Police, fire services and prisons | 285 |
| Armed forces and defence agencies | 131 |
| Environment and waste | 68 |
| Universities, schools and research | 45 |
| Urban transport operators | 42 |
| Housing and community amenities | 42 |
| Hospitals and health services | 30 |
| Other | 96 |
- Latvija1,412LV00
Table view
| Latvija | 1,412 |
- Large companies
- Medium-sized
- Small
- Micro
- SME (size not stated)
- Size not stated
Table view
| Large companies | 537 · 38% |
| Medium-sized | 259 · 18.3% |
| Small | 156 · 11% |
| Micro | 8 · 0.6% |
| SME (size not stated) | 29 · 2.1% |
| Size not stated | 423 · 30% |
- Estonia4
- Lithuania2
Table view
| Estonia | 4 |
| Lithuania | 2 |
- Under €2M turnover
- €2M–10M
- €10M–50M
- €50M and more
Table view
| Under €2M turnover | 21 · 25.3% |
| €2M–10M | 24 · 28.9% |
| €10M–50M | 20 · 24.1% |
| €50M and more | 18 · 21.7% |
Table view
| 2023 | €2.3B |
| 2024 | €1.9B |
| 2025 | €2B |
- Rīga624
- Smiltene112
- Jēkabpils88
- Daugavpils73
- Aizkraukle, Aizkraukles nov.58
- Tukums46
- Jelgava43
- Jūrmala33
Table view
| Rīga | 624 |
| Smiltene | 112 |
| Jēkabpils | 88 |
| Daugavpils | 73 |
| Aizkraukle, Aizkraukles nov. | 58 |
| Tukums | 46 |
| Jelgava | 43 |
| Jūrmala | 33 |
83 of 85 winning companies registered in Latvia have annual accounts in the open business registers; bands follow the EU SME turnover thresholds.
Imports: Eurostat Comext, customs headings 2710, 2711, 2701, 2704, 2703, 4402, 2702, 2705 (only headings whose trade is mainly this category); all buyers, not only public ones.
Awards to companies registered in Latvia
99.6%
6 awards went to companies registered elsewhere.
Share of the 5 biggest winners
46.8%
Of all awards; a high share means a concentrated market.
Lots with a single bid
14.9%
Among 1.4K awards whose notice states the number of tenders.
How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.
The same category across Europe: all 30 countries compared →
Among the companies that win most often
- Akciju sabiedrība "VIRŠI-A"94 public contracts in total
- AS "VIADA Baltija"90 public contracts in total
- Sabiedrība ar ierobežotu atbildību "NESTE LATVIJA"51 public contracts in total
- Sabiedrība ar ierobežotu atbildību "Latgales Granulas"56 public contracts in total
- Sabiedrība ar ierobežotu atbildību "VĀRPAS 1"62 public contracts in total
Watch this market
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Which of these 88 companies could distribute your product?
A Cresques market map of Latvia for this category shows the companies that win these contracts: how often, for how many buyers and for how much, and whether the leading ones are distributors or manufacturers.
Open this market map — freeFree account, no card: one market map, showing the first 5 companies with their contract awards. Paid plans show every company.
After sign-in the new-market form opens with Latvia and Fuels filled in.
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One page by e-mail within one working day: three distributors that already win public contracts for this kind of product in the country you choose, each one checked (is it a distributor, or a manufacturer's own sales company?), with its contract record, and the price of the full shortlist. If we can find fewer than three, the reply says so.
Read how to enter the Latvia market.
Questions
- Who wins public contracts for fuels in Latvia?
- 88 companies won 496 contract award notices for these categories from 125 public buyers in Latvia since November 2023. The companies that win most often are Akciju sabiedrība "VIRŠI-A", AS "VIADA Baltija", Sabiedrība ar ierobežotu atbildību "NESTE LATVIJA", Sabiedrība ar ierobežotu atbildību "Latgales Granulas", Sabiedrība ar ierobežotu atbildību "VĀRPAS 1".
- How big is the fuels market in Latvia?
- In 2025, public buyers in Latvia awarded 657 supply contracts for fuels through award notices on TED; the 545 of them that state a value (83%) add up to €71 million. Latvia imported €1.97 billion of goods in the customs headings matched to fuels in 2025 (Eurostat Comext, HS 2710, 2711, 2701, 2704, 2703 and 3 more headings; all buyers, not only public ones), down 15.3% from 2023.
- How do I find a distributor for fuels in Latvia?
- Create a free Cresques account and open the market map for Latvia and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.
Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); imports: Eurostat, international trade in goods (Comext), © European Union — only the customs headings whose trade is mainly this category, chosen by Cresques.