| Product Code: ETC4763183 | 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 |
Latvia`s amines import market in 2024 saw significant growth, with China, Germany, Metropolitan France, Poland, and Ukraine emerging as the top exporters. The market concentration, as measured by the HHI, increased from high to very high in just one year, indicating a more consolidated market. The impressive CAGR of 9.35% from 2020 to 2024 highlights the steady growth trajectory, while the astounding growth rate of 607.04% from 2023 to 2024 showcases the rapid acceleration in import shipments. This data suggests a dynamic and evolving landscape for amines imports in Latvia.

By 2027, the Amines market in Latvia is anticipated to reach a growth rate of 0.61%, 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 Amines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Amines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Amines Market - Industry Life Cycle |
3.4 Latvia Amines Market - Porter's Five Forces |
3.5 Latvia Amines Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Amines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Amines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for agrochemicals and pharmaceuticals industries, which are major end-users of amines. |
4.2.2 Increasing investments in infrastructure development driving the demand for construction chemicals, where amines are used. |
4.2.3 Rising focus on renewable energy sources, leading to the use of amines in the production of wind turbine blades. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production costs of amines. |
4.3.2 Stringent environmental regulations regarding the use and disposal of amines. |
4.3.3 Competition from substitutes such as ammonia and ethanolamines affecting market growth. |
5 Latvia Amines Market Trends |
6 Latvia Amines Market Segmentations |
6.1 Latvia Amines Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Amines Market Revenues & Volume, By Ethanolamine, 2021-2031F |
6.1.3 Latvia Amines Market Revenues & Volume, By Fatty Amines, 2021-2031F |
6.1.4 Latvia Amines Market Revenues & Volume, By Alkylamines, 2021-2031F |
6.1.5 Latvia Amines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Amines Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Amines Market Revenues & Volume, By Crop Protection, 2021-2031F |
6.2.3 Latvia Amines Market Revenues & Volume, By Surfactants, 2021-2031F |
6.2.4 Latvia Amines Market Revenues & Volume, By Water treatment, 2021-2031F |
6.2.5 Latvia Amines Market Revenues & Volume, By Personal care, 2021-2031F |
6.2.6 Latvia Amines Market Revenues & Volume, By Gas Treatment, 2021-2031F |
6.2.7 Latvia Amines Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Amines Market Import-Export Trade Statistics |
7.1 Latvia Amines Market Export to Major Countries |
7.2 Latvia Amines Market Imports from Major Countries |
8 Latvia Amines Market Key Performance Indicators |
8.1 Research and development investment in new amine formulations. |
8.2 Number of partnerships and collaborations to expand product reach and market presence. |
8.3 Adoption rate of sustainable practices in the production and use of amines. |
9 Latvia Amines Market - Opportunity Assessment |
9.1 Latvia Amines Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Amines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Amines Market - Competitive Landscape |
10.1 Latvia Amines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Amines 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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