| Product Code: ETC5643092 | 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 |
Latvia`s 1-decene import market in 2024 saw consistent dominance from key exporters Finland, Lithuania, Germany, Spain, and the UK. Despite a slightly declining Compound Annual Growth Rate (CAGR) from 2020-2024, the market experienced a modest growth rate in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape, potentially leading to competitive dynamics among the top exporting countries. It will be crucial for stakeholders to closely monitor market trends and competitive strategies to navigate the evolving landscape effectively.

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 1-Decene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia 1-Decene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia 1-Decene Market - Industry Life Cycle |
3.4 Latvia 1-Decene Market - Porter's Five Forces |
3.5 Latvia 1-Decene Market Revenues & Volume Share, By Derivative Type, 2021 & 2031F |
4 Latvia 1-Decene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for chemicals and polymers in various industries such as automotive, construction, and packaging, which boosts the demand for 1-decene as a raw material. |
4.2.2 Increasing investments in research and development for developing new applications and technologies using 1-decene. |
4.2.3 Favorable government regulations supporting the growth of the chemical industry in Latvia. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials and energy sources impacting the production cost of 1-decene. |
4.3.2 Intense competition from other regions or substitute products affecting the market share of Latvia in the 1-decene market. |
5 Latvia 1-Decene Market Trends |
6 Latvia 1-Decene Market Segmentations |
6.1 Latvia 1-Decene Market, By Derivative Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia 1-Decene Market Revenues & Volume, By Polyalphaolefins (PAOs), 2021-2031F |
6.1.3 Latvia 1-Decene Market Revenues & Volume, By Oxo alcohols, 2021-2031F |
6.1.4 Latvia 1-Decene Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia 1-Decene Market Import-Export Trade Statistics |
7.1 Latvia 1-Decene Market Export to Major Countries |
7.2 Latvia 1-Decene Market Imports from Major Countries |
8 Latvia 1-Decene Market Key Performance Indicators |
8.1 Research and development expenditure on innovative applications of 1-decene. |
8.2 Percentage of capacity utilization in 1-decene production facilities in Latvia. |
8.3 Number of patents filed for new technologies or products related to 1-decene. |
8.4 Export volume of 1-decene products from Latvia to other countries. |
8.5 Investment inflow in the chemical industry in Latvia. |
9 Latvia 1-Decene Market - Opportunity Assessment |
9.1 Latvia 1-Decene Market Opportunity Assessment, By Derivative Type, 2021 & 2031F |
10 Latvia 1-Decene Market - Competitive Landscape |
10.1 Latvia 1-Decene Market Revenue Share, By Companies, 2024 |
10.2 Latvia 1-Decene 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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