{"title":"Fuels market in Latvia","url":"https://cresques.com/markets/lv/091-fuels","scope":"Latvia","category":{"cpvGroup":"091","label":"Fuels"},"updated":"2026-11-13","period":{"from":"2023-11-01","to":"2026-11-13"},"answer":"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.","facts":["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."],"publicProcurement":{"awards":1412,"awardNotices":496,"winningCompanies":88,"publicBuyers":125,"awardsWithValue":1111,"awardedValueEur":183166858,"localAwards":1406,"foreignAwards":6,"top5Share":0.4681303116147309,"singleBidAwards":210,"awardsWithKnownBids":1412,"byYear":[{"year":2023,"awards":48,"awardNotices":17,"awardsWithValue":30,"awardedValueEur":7855431},{"year":2024,"awards":397,"awardNotices":153,"awardsWithValue":276,"awardedValueEur":60142948},{"year":2025,"awards":657,"awardNotices":159,"awardsWithValue":545,"awardedValueEur":71035152},{"year":2026,"awards":310,"awardNotices":167,"awardsWithValue":260,"awardedValueEur":44133327}]},"imports":{"source":"Eurostat Comext, imports from all partners (WORLD)","customsHeadings":[{"hs4":"2710","label":"Petroleum oils and oils obtained from bituminous minerals (excl. crude)"},{"hs4":"2711","label":"Petroleum gas and other gaseous hydrocarbons"},{"hs4":"2701","label":"Coal"},{"hs4":"2704","label":"Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated"},{"hs4":"2703","label":"Peat, incl. peat litter, whether or not agglomerated"},{"hs4":"4402","label":"Wood charcoal, incl. shell or nut charcoal, whether or not agglomerated (excl. wood charcoal used as a medicament, charcoal mixed with incense, activated charcoal and charcoal in the form of crayons)"},{"hs4":"2702","label":"Lignite, whether or not agglomerated (excl. jet)"},{"hs4":"2705","label":"Coal gas, water gas, producer gas, lean gas and similar gases (excl. petroleum gases and other gaseous hydrocarbons)"}],"byYear":[{"year":2023,"valueEur":2323851441},{"year":2024,"valueEur":1931222182},{"year":2025,"valueEur":1968084414}]},"officialContext":{"sentences":["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."],"allPublicPurchasing":{"year":2025,"valueEur":6646000000,"percentOfGdp":15.2,"percentOfGovernmentExpenditure":33.6,"definition":"General government intermediate consumption + gross fixed capital formation + social transfers in kind purchased from market producers (Eurostat ESA 2010 items P.2 + P.51G + D.632)."},"source":"Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), https://ec.europa.eu/eurostat/web/government-finance-statistics/database, retrieved 2026-11-09"},"industryReports":[],"method":"One award per procedure, lot and winning company from live TED contract award notices published since November 2023; a joint procurement counts on every buyer's market; values are awarded amounts only (framework ceilings and estimates never added), converted to euro at the ECB yearly average. Imports: only customs headings (HS 4 digits) whose trade is predominantly the CPV group, listed under imports.customsHeadings, all buyers, not only public ones; a category that no heading isolates has no import figure (imports: null). https://cresques.com/methodology","sources":["TED — Tenders Electronic Daily, © European Union, https://ted.europa.eu","Eurostat, international trade in goods (Comext), © European Union"],"licence":"CC BY 4.0, https://creativecommons.org/licenses/by/4.0/","citation":"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."}