| Product Code: ETC4806275 | 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 source Andalusite primarily from Germany, Spain, Lithuania, Estonia, and Austria. Despite a negative CAGR of -2.74% from 2020 to 2024, the market experienced a sharp decline with a growth rate of -31.99% from 2023 to 2024. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market with dominant suppliers. Understanding the market dynamics and factors contributing to the significant decrease in import shipments can provide valuable insights for stakeholders in the Andalusite industry.

By 2027, Latvia's Andalusite market is forecasted to achieve a stable growth rate of 1.08%, with Germany leading the Europe region, 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 Andalusite Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Andalusite Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Andalusite Market - Industry Life Cycle |
3.4 Latvia Andalusite Market - Porter's Five Forces |
3.5 Latvia Andalusite Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Andalusite Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Andalusite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for andalusite in the refractories industry due to its high melting point and thermal shock resistance. |
4.2.2 Growing usage of andalusite in the ceramics industry for manufacturing high-quality products. |
4.2.3 Favorable government policies and initiatives supporting the mining and processing of andalusite in Latvia. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of andalusite in the global market impacting the profitability of Latvia's andalusite industry. |
4.3.2 Competition from alternative materials like zircon and sillimanite posing a challenge to the market growth in Latvia. |
5 Latvia Andalusite Market Trends |
6 Latvia Andalusite Market Segmentations |
6.1 Latvia Andalusite Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Andalusite Market Revenues & Volume, By Pink, 2021-2031F |
6.1.3 Latvia Andalusite Market Revenues & Volume, By Grey, 2021-2031F |
6.1.4 Latvia Andalusite Market Revenues & Volume, By Yellow, 2021-2031F |
6.1.5 Latvia Andalusite Market Revenues & Volume, By Green, 2021-2031F |
6.1.6 Latvia Andalusite Market Revenues & Volume, By Violet, 2021-2031F |
6.1.7 Latvia Andalusite Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Andalusite Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Andalusite Market Revenues & Volume, By Refractories, 2021-2031F |
6.2.3 Latvia Andalusite Market Revenues & Volume, By Foundry, 2021-2031F |
6.2.4 Latvia Andalusite Market Revenues & Volume, By Kiln Furniture, 2021-2031F |
6.2.5 Latvia Andalusite Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Andalusite Market Import-Export Trade Statistics |
7.1 Latvia Andalusite Market Export to Major Countries |
7.2 Latvia Andalusite Market Imports from Major Countries |
8 Latvia Andalusite Market Key Performance Indicators |
8.1 Average selling price of andalusite in the Latvian market. |
8.2 Volume of andalusite exports from Latvia to other countries. |
8.3 Number of new applications or industries adopting andalusite as a raw material. |
8.4 Investment in RD for innovative uses of andalusite in different sectors. |
8.5 Sustainability measures implemented in the mining and processing of andalusite in Latvia. |
9 Latvia Andalusite Market - Opportunity Assessment |
9.1 Latvia Andalusite Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Andalusite Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Andalusite Market - Competitive Landscape |
10.1 Latvia Andalusite Market Revenue Share, By Companies, 2024 |
10.2 Latvia Andalusite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |