Latvia Service Station Market Size, (Forecourt Sales by Fuel, Car Wash, Convenience and Foodservice), Fuel Retailer Profiles and Forecast, 2021-2026

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

In terms of volume, the Latvia service station market size was valued at 1.33 billion liters in 2021. Fuel volumes in Latvia increased during 2015-21 as the number of vehicles in the country increased.

In 2021, Circle K was the largest fuel retailer in Latvia. The company achieved this by not only offering its fuel at competitive prices, but also equipping its service stations with forecourt facilities such as car washes, stores, and foodservice options. Except for Dinaz and Trest Oil, all other retailers in the Latvian market recorded growth in their market shares between 2015 and 2021.

The Latvia service station market research report provides commercial (B2B) forecourt sales which include fuel sales, car wash sales, convenience sales and foodservice sales for 2017-2021 and forecasts to 2026.

Latvia Service Station Market Outlook

Latvia Service Station Market Outlook

To gain more information about the Latvia service station market forecast, download a free report sample

Latvia Service Station Market Segmentation by Fuel Types

The key types of fuel in the Latvia service station market are diesel, unleaded 95, unleaded 98, and LPG. Diesel had the highest proportion of fuel sales in 2021 due to the increased level of transportation in the country.

Latvia Service Station Market Analysis, by Fuel Types

Latvia Service Station Market Analysis, by Fuel TypesFor more fuel type insights into the Latvia service station market, download a free report sample

Latvia Service Station Market- Competitive Landscape by Fuel Retailers

The leading fuel retailers in the Latvia service station market are Latvija Statoil (Circle K), Neste, Viada, Virši-A, Latvijas Nafta (East-West Transit), Dinaz, and Trest Oil. Latvija Statoil (Circle K) was the leading fuel retailer in the Latvia service station market in 2021.

Latvija Statoil (Circle K): Circle K Stores (Circle K), a subsidiary of Alimentation Couche-Tard, is a convenience store chain operator based in the US. The company principally operates a chain of convenience stores under the Circle K banner. The stores retail a wide range of food and non-food products such as snacks, hot and cold beverages, gift cards, mobile top-ups, health and beauty products, and motor fuel.

Neste: Neste is a Finnish energy company that began operations in Latvia in 1990 and opened its first filling station in the country in 1991. The company launched a subsidiary, Neste Oil Latvia, in 1993 in order to expand in the country. Another subsidiary, Neste Oil Terminal, was launched in 1995. Neste Latvija was established by merging these subsidiaries of Neste Oil in 1998. Neste Oil Finance is the sole owner of Neste Latvija. The company mainly operates in the sale and storage of oil products

Viada: Viada boasted the highest number of service stations in Latvia in 2021. Viada is a fuel retail store network operating in the Baltic countries. It was established in 2017 as a result of a deal between AMIC Energy Management and Lukoil, whereby Lukoil service stations were rebranded as Viada.

Latvia Service Station Market Analysis by Fuel Retailers

Latvia Service Station Market Analysis by Fuel RetailersTo know more about the leading players in the Latvia service station market, download a free report sample

Latvia Service Station Market Report Overview

Market Size (2021) 1.33 billion liters
Key Fuel Types Diesel, Unleaded 95, Unleaded 98, and LPG
Leading Fuel Retailers Latvija Statoil (Circle K), Neste, Viada, Virši-A, Latvijas Nafta (East-West Transit), Dinaz, and Trest Oil

Key Highlights

  • The total number of service stations in Latvia decreased in the period from 2018 to 2019. Circle K boasted the highest number of service stations in Latvia in 2019.
  • Although volume sales of petrol suffered an annual fall, diesel consumption rose. In 2019, the market leader in terms of fuel volumes was Circle K, followed by Neste and Viada.

Reasons to Buy

  • Identify who are the top players in Latvia and how many fuel, foodservice, shops & car wash outlets they have. Plan effective market strategies by uncovering market share and average throughput per site of the top players in the market across Fuel, Car Wash, Convenience and Foodservice categories.
  • Understand how the service station network evolving and which players are opening new outlets as well as increasing forecourt shops and car washes.
  • Identify what strategies the key players have across their fuel and non- fuel offerings in terms of products sold, branding, promotions, partnerships and suppliers used.

Shell
BP
Migrol
Tamoil
Agrola
Avia
UTA
DKV
Esso
Agip

Table of Contents

Table of Contents

Latvia Service Station – Market Overview

Market Size – Service Station

Market Forecast – Service Station

Fuel Retailer Profiles

Fuel Methodology

Market Definitions

Frequently asked questions

Latvia Service Station Market Size, (Forecourt Sales by Fuel, Car Wash, Convenience and Foodservice), Fuel Retailer Profiles and Forecast, 2021-2026 standard reports
Currency USD
$2,295

Can be used by individual purchaser only

$6,885

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Latvia Service Station Market Size, (Forecourt Sales by Fuel, Car Wash, Convenience and Foodservice), Fuel Retailer Profiles and Forecast, 2021-2026 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Latvia Service Station Market Size, (Forecourt Sales by Fuel, Car Wash, Convenience and Foodservice), Fuel Retailer Profiles and Forecast, 2021-2026 in real time.

  • Access a live Latvia Service Station Market Size, (Forecourt Sales by Fuel, Car Wash, Convenience and Foodservice), Fuel Retailer Profiles and Forecast, 2021-2026 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.