| Product Code: ETC5392938 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see significant imports of zinc stearates, with top exporters including Poland, Austria, Metropolitan France, Lithuania, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the compound annual growth rate (CAGR) from 2020 to 2024 showed a decline of -7.22%. However, there was a positive growth rate of 9.64% from 2023 to 2024, suggesting a potential rebound in demand for zinc stearates in Latvia.

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 Zinc Stearates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Zinc Stearates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Zinc Stearates Market - Industry Life Cycle |
3.4 Latvia Zinc Stearates Market - Porter's Five Forces |
3.5 Latvia Zinc Stearates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Zinc Stearates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Zinc Stearates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for zinc stearates in the plastics industry due to its properties as a lubricant and release agent. |
4.2.2 Growth in the cosmetics and personal care industry, where zinc stearates are used in various products like makeup, lotions, and powders. |
4.2.3 Rising demand in the pharmaceutical sector for zinc stearates, primarily for its applications in tablet manufacturing. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of zinc stearates, impacting the overall production costs. |
4.3.2 Stringent regulations and environmental concerns related to the use of zinc stearates in certain applications. |
4.3.3 Competition from alternative additives and substitutes affecting the market penetration of zinc stearates. |
5 Latvia Zinc Stearates Market Trends |
6 Latvia Zinc Stearates Market Segmentations |
6.1 Latvia Zinc Stearates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Zinc Stearates Market Revenues & Volume, By Solid Zinc Stearate, 2021-2031F |
6.1.3 Latvia Zinc Stearates Market Revenues & Volume, By Aqueous Zinc Stearate, 2021-2031F |
6.2 Latvia Zinc Stearates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Zinc Stearates Market Revenues & Volume, By Food, Pharma and Nutraceuticals, 2021-2031F |
6.2.3 Latvia Zinc Stearates Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 Latvia Zinc Stearates Market Revenues & Volume, By Lubricants, 2021-2031F |
6.2.5 Latvia Zinc Stearates Market Revenues & Volume, By Plastics, 2021-2031F |
7 Latvia Zinc Stearates Market Import-Export Trade Statistics |
7.1 Latvia Zinc Stearates Market Export to Major Countries |
7.2 Latvia Zinc Stearates Market Imports from Major Countries |
8 Latvia Zinc Stearates Market Key Performance Indicators |
8.1 Number of new product developments or innovations incorporating zinc stearates in different industries. |
8.2 Adoption rate of zinc stearates in emerging applications or sectors within Latvia. |
8.3 Investment in research and development activities focused on enhancing the properties and applications of zinc stearates. |
9 Latvia Zinc Stearates Market - Opportunity Assessment |
9.1 Latvia Zinc Stearates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Zinc Stearates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Zinc Stearates Market - Competitive Landscape |
10.1 Latvia Zinc Stearates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Zinc Stearates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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