| Product Code: ETC4883548 | 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 import of ammonium perchlorate in 2024 continued to see a significant concentration of shipments from top exporters such as Germany, Poland, Lithuania, Austria, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a market dominated by these key players. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 61.39%, with a notable growth spike of 78.73% from 2023 to 2024. This data suggests a robust demand for ammonium perchlorate in Latvia, driven by consistent supply from key exporting countries.

Latvia's Ammonium Perchlorate market is anticipated to experience a growing growth rate of 6.58% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Perchlorate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ammonium Perchlorate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ammonium Perchlorate Market - Industry Life Cycle |
3.4 Latvia Ammonium Perchlorate Market - Porter's Five Forces |
3.5 Latvia Ammonium Perchlorate Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Latvia Ammonium Perchlorate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Ammonium Perchlorate Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Ammonium Perchlorate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ammonium perchlorate in defense and aerospace industries |
4.2.2 Growing investments in research and development for new applications of ammonium perchlorate |
4.2.3 Favorable government regulations supporting the production and usage of ammonium perchlorate |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Environmental concerns related to the manufacturing and disposal of ammonium perchlorate |
4.3.3 Competition from alternative chemicals and substitutes in certain applications |
5 Latvia Ammonium Perchlorate Market Trends |
6 Latvia Ammonium Perchlorate Market Segmentations |
6.1 Latvia Ammonium Perchlorate Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ammonium Perchlorate Market Revenues & Volume, By ? 99%, 2021-2031F |
6.1.3 Latvia Ammonium Perchlorate Market Revenues & Volume, By <98%, 2021-2031F |
6.2 Latvia Ammonium Perchlorate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ammonium Perchlorate Market Revenues & Volume, By Rocket Fuel Additive, 2021-2031F |
6.2.3 Latvia Ammonium Perchlorate Market Revenues & Volume, By Strong Oxidizing Agent, 2021-2031F |
6.2.4 Latvia Ammonium Perchlorate Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Ammonium Perchlorate Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ammonium Perchlorate Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.3 Latvia Ammonium Perchlorate Market Revenues & Volume, By Pyrotechnics & Fireworks, 2021-2031F |
6.3.4 Latvia Ammonium Perchlorate Market Revenues & Volume, By Analytical Chemistry, 2021-2031F |
6.3.5 Latvia Ammonium Perchlorate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Ammonium Perchlorate Market Import-Export Trade Statistics |
7.1 Latvia Ammonium Perchlorate Market Export to Major Countries |
7.2 Latvia Ammonium Perchlorate Market Imports from Major Countries |
8 Latvia Ammonium Perchlorate Market Key Performance Indicators |
8.1 Percentage of RD budget allocated to developing new applications for ammonium perchlorate |
8.2 Number of government contracts secured by companies in the defense and aerospace sectors |
8.3 Compliance rate with environmental regulations and sustainability practices in the production process. |
9 Latvia Ammonium Perchlorate Market - Opportunity Assessment |
9.1 Latvia Ammonium Perchlorate Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Latvia Ammonium Perchlorate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Ammonium Perchlorate Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Ammonium Perchlorate Market - Competitive Landscape |
10.1 Latvia Ammonium Perchlorate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ammonium Perchlorate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |