| Product Code: ETC4749617 | 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 |
In 2024, Latvia continued to see a significant influx of ammonium molybdate imports, with Germany, Poland, Ireland, Austria, and Belgium emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 8.71% from 2020 to 2024 highlights sustained growth in demand. Moreover, the remarkable growth rate of 38.91% from 2023 to 2024 suggests a potential surge in import volumes, indicating a thriving market for ammonium molybdate 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 Ammonium molybdate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ammonium molybdate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ammonium molybdate Market - Industry Life Cycle |
3.4 Latvia Ammonium molybdate Market - Porter's Five Forces |
3.5 Latvia Ammonium molybdate Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Ammonium molybdate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Ammonium molybdate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ammonium molybdate in agriculture and fertilizer industries |
4.2.2 Increasing adoption of ammonium molybdate in metalworking applications |
4.2.3 Favorable government policies supporting the use of ammonium molybdate in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of ammonium molybdate |
4.3.2 Competition from alternative products affecting market penetration |
4.3.3 Environmental concerns and regulations related to the use and disposal of ammonium molybdate |
5 Latvia Ammonium molybdate Market Trends |
6 Latvia Ammonium molybdate Market Segmentations |
6.1 Latvia Ammonium molybdate Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ammonium molybdate Market Revenues & Volume, By Ammonium Orthomolybdate, 2021-2031F |
6.1.3 Latvia Ammonium molybdate Market Revenues & Volume, By Ammonium Molybdate Tetrahydrate, 2021-2031F |
6.1.4 Latvia Ammonium molybdate Market Revenues & Volume, By Ammonium Octamolybdate, 2021-2031F |
6.1.5 Latvia Ammonium molybdate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Ammonium molybdate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ammonium molybdate Market Revenues & Volume, By Analytical Reagent, 2021-2031F |
6.2.3 Latvia Ammonium molybdate Market Revenues & Volume, By Fertilizers & Micronutrient, 2021-2031F |
6.2.4 Latvia Ammonium molybdate Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.5 Latvia Ammonium molybdate Market Revenues & Volume, By Metals & Ceramic, 2021-2031F |
6.2.6 Latvia Ammonium molybdate Market Revenues & Volume, By Electroplating, 2021-2031F |
6.2.7 Latvia Ammonium molybdate Market Revenues & Volume, By Corrosion Inhibitor, 2021-2031F |
6.2.8 Latvia Ammonium molybdate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Latvia Ammonium molybdate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Ammonium molybdate Market Import-Export Trade Statistics |
7.1 Latvia Ammonium molybdate Market Export to Major Countries |
7.2 Latvia Ammonium molybdate Market Imports from Major Countries |
8 Latvia Ammonium molybdate Market Key Performance Indicators |
8.1 Average selling price of ammonium molybdate |
8.2 Number of new applications or industries adopting ammonium molybdate |
8.3 Production capacity utilization rate of key manufacturers |
8.4 Research and development investment in improving the quality and efficiency of ammonium molybdate applications |
8.5 Customer satisfaction levels and retention rates for ammonium molybdate products |
9 Latvia Ammonium molybdate Market - Opportunity Assessment |
9.1 Latvia Ammonium molybdate Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Ammonium molybdate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Ammonium molybdate Market - Competitive Landscape |
10.1 Latvia Ammonium molybdate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ammonium molybdate 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.
To discover high-growth global markets and optimize your business strategy:
Click Here