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Latvian express market grows 70% in 2007

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Latvia’s express parcel volumes increased by 70% to 6.3 million shipments in 2007 compared to 3.7million shipments in the previous year, according to the Latvian Public Utilities Commission’s

(PUC) annual review of the country’s express delivery market, the Baltic Business Daily reported.

“Both domestic and international deliveries showed large growth. The incoming internationalexpress deliveries rose by 128%, international outgoing deliveries by 35%, and domestic expressdeliveries increased by 45%,” the commission’s representative Zanete Luse was cited as saying.

In the domestic sector, DPD Latvija had the largest market share with 43% in 2007 ahead ofstate-run postal operator Latvijas Pasts with 27%, according to the regulator’s data. Other leadingdomestic players include Velokurjers, City Express, Autopasts Terminals and V-Sports.

The international sector was led by Itella Logistics with a 53% market share followed by DPDLatvija with 19%. Other leading international players include UPS partner EKL/LS, DHL, TNT andAutopasts Terminals.

The number of registered express companies in Latvia grew by eight to a total of 30 lastyear, according to the PUC. The PUC is an independent state institution responsible for regulatingvarious sectors, including the postal market.

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