| Product Code: ETC4865061 | 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 ammonia import market in 2024 continued to be dominated by key exporting countries such as Belgium, Russia, Germany, Austria, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive compound annual growth rate (CAGR) of 22.65% from 2020 to 2024 highlights the increasing demand for ammonia in Latvia. Additionally, the significant growth rate of 42.32% from 2023 to 2024 suggests a rapidly expanding market. Overall, these trends indicate a robust and dynamic ammonia import market in Latvia with strong growth potential.

The Ammonia market in Latvia is projected to grow at a stable growth rate of 1.07% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Ammonia Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ammonia Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ammonia Market - Industry Life Cycle |
3.4 Latvia Ammonia Market - Porter's Five Forces |
3.5 Latvia Ammonia Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Ammonia Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Ammonia Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ammonia-based fertilizers in the agriculture sector |
4.2.2 Growth in the chemical industry driving the demand for ammonia |
4.2.3 Government initiatives promoting the use of ammonia in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in ammonia production |
4.3.2 Environmental concerns related to ammonia production and usage |
4.3.3 Competition from alternative fertilizers and chemicals |
5 Latvia Ammonia Market Trends |
6 Latvia Ammonia Market Segmentations |
6.1 Latvia Ammonia Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ammonia Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Latvia Ammonia Market Revenues & Volume, By Gas, 2021-2031F |
6.2 Latvia Ammonia Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ammonia Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Latvia Ammonia Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.4 Latvia Ammonia Market Revenues & Volume, By Mining, 2021-2031F |
6.2.5 Latvia Ammonia Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Latvia Ammonia Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.7 Latvia Ammonia Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Ammonia Market Import-Export Trade Statistics |
7.1 Latvia Ammonia Market Export to Major Countries |
7.2 Latvia Ammonia Market Imports from Major Countries |
8 Latvia Ammonia Market Key Performance Indicators |
8.1 Average selling price of ammonia |
8.2 Capacity utilization rate of ammonia production plants |
8.3 Adoption rate of environmentally friendly ammonia production technologies |
9 Latvia Ammonia Market - Opportunity Assessment |
9.1 Latvia Ammonia Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Ammonia Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Ammonia Market - Competitive Landscape |
10.1 Latvia Ammonia Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ammonia Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |