| Product Code: ETC4724347 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decrease in growth rate in 2024, Latvia continues to heavily rely on potassium iodide imports, with top exporters including Metropolitan France, Germany, Lithuania, Ireland, and Poland. The high concentration of Herfindahl-Hirschman Index (HHI) indicates a competitive market among these key exporting countries. With a solid compound annual growth rate (CAGR) of 10.36% from 2020 to 2024, Latvia`s demand for potassium iodide remains steady, pointing towards a stable market outlook for the near future.

By 2027, the Potassium iodide market in Latvia is anticipated to reach a growth rate of 0.80%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Potassium iodide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potassium iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Potassium iodide Market - Industry Life Cycle |
3.4 Latvia Potassium iodide Market - Porter's Five Forces |
3.5 Latvia Potassium iodide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Potassium iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Potassium iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of iodine in the diet for thyroid health |
4.2.2 Government initiatives promoting iodine supplementation programs |
4.2.3 Growing demand for iodized salt in food processing industry |
4.3 Market Restraints |
4.3.1 Price volatility in raw materials used for potassium iodide production |
4.3.2 Regulatory challenges related to iodine supplementation levels |
4.3.3 Competition from alternative sources of iodine supplements |
5 Latvia Potassium iodide Market Trends |
6 Latvia Potassium iodide Market Segmentations |
6.1 Latvia Potassium iodide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potassium iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.3 Latvia Potassium iodide Market Revenues & Volume, By Non-industrial Grade, 2021-2031F |
6.2 Latvia Potassium iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potassium iodide Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.2.3 Latvia Potassium iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Latvia Potassium iodide Market Revenues & Volume, By Nutrition, 2021-2031F |
6.2.5 Latvia Potassium iodide Market Revenues & Volume, By Film Photography, 2021-2031F |
6.2.6 Latvia Potassium iodide Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Potassium iodide Market Import-Export Trade Statistics |
7.1 Latvia Potassium iodide Market Export to Major Countries |
7.2 Latvia Potassium iodide Market Imports from Major Countries |
8 Latvia Potassium iodide Market Key Performance Indicators |
8.1 Percentage of households using iodized salt |
8.2 Number of thyroid disorders diagnosed annually in Latvia |
8.3 Consumption rate of potassium iodide supplements per capita |
9 Latvia Potassium iodide Market - Opportunity Assessment |
9.1 Latvia Potassium iodide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Potassium iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Potassium iodide Market - Competitive Landscape |
10.1 Latvia Potassium iodide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Potassium iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |