| Product Code: ETC7903449 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s 1-hexene import shipments in 2024 continued to be dominated by key suppliers such as Russia, Poland, Lithuania, Finland, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a notable Compound Annual Growth Rate (CAGR) of 20.1% from 2020 to 2024 and a solid growth rate of 10.17% from 2023 to 2024, the 1-hexene import market in Latvia shows resilience and potential for further expansion in the coming years.

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-Hexene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia 1-Hexene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia 1-Hexene Market - Industry Life Cycle |
3.4 Latvia 1-Hexene Market - Porter's Five Forces |
3.5 Latvia 1-Hexene Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Latvia 1-Hexene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia 1-Hexene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the plastics industry for the production of polyethylene |
4.2.2 Increasing use of 1-hexene in the manufacturing of synthetic lubricants |
4.2.3 Favorable government policies promoting the development of the petrochemical industry in Latvia |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting the production cost of 1-hexene |
4.3.2 Stringent environmental regulations affecting the production processes |
4.3.3 Competition from alternative feedstocks for the production of 1-hexene |
5 Latvia 1-Hexene Market Trends |
6 Latvia 1-Hexene Market, By Types |
6.1 Latvia 1-Hexene Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Latvia 1-Hexene Market Revenues & Volume, By End User, 2021- 2031F |
6.1.3 Latvia 1-Hexene Market Revenues & Volume, By Paper Industry, 2021- 2031F |
6.1.4 Latvia 1-Hexene Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.1.5 Latvia 1-Hexene Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.1.6 Latvia 1-Hexene Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.1.7 Latvia 1-Hexene Market Revenues & Volume, By Packaging Industry, 2021- 2031F |
6.1.8 Latvia 1-Hexene Market Revenues & Volume, By Cosmetics & Pharmaceuticals Industry, 2021- 2031F |
6.2 Latvia 1-Hexene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia 1-Hexene Market Revenues & Volume, By Polyethylene Production, 2021- 2031F |
6.2.3 Latvia 1-Hexene Market Revenues & Volume, By Heptanol Production, 2021- 2031F |
6.2.4 Latvia 1-Hexene Market Revenues & Volume, By Flavors, 2021- 2031F |
6.2.5 Latvia 1-Hexene Market Revenues & Volume, By Perfumes, 2021- 2031F |
6.2.6 Latvia 1-Hexene Market Revenues & Volume, By Dyes, 2021- 2031F |
6.2.7 Latvia 1-Hexene Market Revenues & Volume, By Resins, 2021- 2031F |
7 Latvia 1-Hexene Market Import-Export Trade Statistics |
7.1 Latvia 1-Hexene Market Export to Major Countries |
7.2 Latvia 1-Hexene Market Imports from Major Countries |
8 Latvia 1-Hexene Market Key Performance Indicators |
8.1 Capacity utilization rate of 1-hexene production facilities in Latvia |
8.2 Average selling price of 1-hexene in the domestic market |
8.3 Research and development expenditure in the 1-hexene sector |
8.4 Export volume of 1-hexene from Latvia |
8.5 Number of new product launches utilizing 1-hexene |
9 Latvia 1-Hexene Market - Opportunity Assessment |
9.1 Latvia 1-Hexene Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Latvia 1-Hexene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia 1-Hexene Market - Competitive Landscape |
10.1 Latvia 1-Hexene Market Revenue Share, By Companies, 2024 |
10.2 Latvia 1-Hexene 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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