{"title":"Electric motors, generators and transformers market in Latvia","url":"https://cresques.com/markets/lv/311-electric-motors-generators-and-transformers","scope":"Latvia","category":{"cpvGroup":"311","label":"Electric motors, generators and transformers"},"updated":"2026-11-13","period":{"from":"2023-11-01","to":"2026-11-13"},"answer":"In 2025, public buyers in Latvia awarded 20 supply contracts for electric motors, generators and transformers through award notices on TED; the 5 of them that state a value (25%) add up to €15.2 million, a floor rather than the full contract value. Latvia imported €249 million of goods in the customs headings matched to electric motors, generators and transformers in 2025 (Eurostat Comext, HS 8504, 8501, 8503 and 8502; all buyers, not only public ones), up 71.5% from 2023.","facts":["Since November 2023, 29 companies have won 65 public supply contracts for electric motors, generators and transformers in Latvia, in 34 award notices from 13 public buyers.","81.5% of these awards went to companies registered in Latvia; the most frequent foreign origin is Poland.","The five companies that win most often hold 38.5% of all awards.","4.6% of the awards whose notice states the number of tenders received a single bid."],"publicProcurement":{"awards":65,"awardNotices":34,"winningCompanies":29,"publicBuyers":13,"awardsWithValue":41,"awardedValueEur":69885189,"localAwards":53,"foreignAwards":12,"top5Share":0.38461538461538464,"singleBidAwards":3,"awardsWithKnownBids":65,"byYear":[{"year":2023,"awards":6,"awardNotices":5,"awardsWithValue":3,"awardedValueEur":2670345},{"year":2024,"awards":21,"awardNotices":11,"awardsWithValue":17,"awardedValueEur":24280915},{"year":2025,"awards":20,"awardNotices":6,"awardsWithValue":5,"awardedValueEur":15173434},{"year":2026,"awards":18,"awardNotices":12,"awardsWithValue":16,"awardedValueEur":27760495}]},"imports":{"source":"Eurostat Comext, imports from all partners (WORLD)","customsHeadings":[{"hs4":"8504","label":"Electrical transformers, static converters, e.g. rectifiers, and inductors"},{"hs4":"8501","label":"Electric motors and generators (excl. generating sets)"},{"hs4":"8503","label":"Parts suitable for use solely or principally with electric motors and generators, electric generating sets and rotary converters, n.e.s."},{"hs4":"8502","label":"Electric generating sets and rotary converters"}],"byYear":[{"year":2023,"valueEur":145004904},{"year":2024,"valueEur":159310060},{"year":2025,"valueEur":248754695}]},"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, \"Electric motors, generators and transformers market in Latvia\", https://cresques.com/markets/lv/311-electric-motors-generators-and-transformers, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0."}