Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#26 In EuropeBusiness
#15 In EuropeEmployees
#20 In EuropeWages
#24 In EuropeThe Support Services for Other Mining & Quarrying in Latvia ranks 26 in Europe with regards to its 2024 revenue (€2.8m). Revenue received by operators in Latvia has been moderate in volatility over the past five-year period, with the average annual change in revenue (11.9 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Support Services for Other Mining & Quarrying industry in Latvia in 2024?
The market size of the Support Services for Other Mining & Quarrying industry in Latvia is €2.8m in 2024.
How many businesses are there in the Support Services for Other Mining & Quarrying in Latvia industry in 2024?
There are 25 businesses in the Support Services for Other Mining & Quarrying industry in Latvia, which has grown at a CAGR of 14.0 % between 2019 and 2024.
Has the Support Services for Other Mining & Quarrying industry in Latvia grown or declined over the past 5 years?
The market size of the Support Services for Other Mining & Quarrying industry in Latvia has been declining at a CAGR of 11.9 % between 2019 and 2024.
What is the forecast growth of the Support Services for Other Mining & Quarrying industry in Latvia over the next 5 years?
Over the next five years, the Support Services for Other Mining & Quarrying industry in Latvia is expected to grow.
What does the Support Services for Other Mining & Quarrying in Latvia include?
Exploration services and Draining and pumping services are part of the Support Services for Other Mining & Quarrying industry.
How competitive is the Support Services for Other Mining & Quarrying industry in Latvia?
The level of competition is moderate and increasing in the Support Services for Other Mining & Quarrying industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Mining Support Services in Latvia
Complementors
- Metal Ores Mining in Latvia
- Other Mining & Quarrying in Latvia
Table of Contents
About this industry
Industry definition
The industry encompasses a range of specialised services, including exploration efforts like traditional prospecting, where experts conduct geological surveys and extract core samples to assess potential sites. It also offers draining and pumping solutions on a contractual basis. It also provides services for test drilling and boring of test holes as part of its comprehensive offerings.
What's included in this industry?
Exploration servicesDraining and pumping servicesTest drillingTest hole boringIndustry Code
099 - Support activities for other mining and quarrying in Latvia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Support Services for Other Mining & Quarrying in Latvia
- Employees in the Support Services for Other Mining & Quarrying in Latvia
- Business in the Support Services for Other Mining & Quarrying in Latvia
- Profit in the Support Services for Other Mining & Quarrying in Latvia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Support Services for Other Mining & Quarrying in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Support Services for Other Mining & Quarrying in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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