| Product Code: ETC5350112 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The aromatic compounds import market in Latvia experienced a shift in top exporting countries in 2024, with Metropolitan France leading the way, followed by Lithuania, Spain, Poland, and Italy. Despite a decrease in growth rate from 2023 to 2024, the market still showed a strong overall compound annual growth rate of 12.1% from 2020 to 2024. The high concentration levels indicated by the Herfindahl-Hirschman Index (HHI) in 2023 persisted in 2024, highlighting the competitive landscape within the industry. Continued monitoring and analysis of these trends will be crucial for market players to make informed decisions moving forward.
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 Aromatic Compounds Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Aromatic Compounds Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Aromatic Compounds Market - Industry Life Cycle |
3.4 Latvia Aromatic Compounds Market - Porter's Five Forces |
3.5 Latvia Aromatic Compounds Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Aromatic Compounds Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Aromatic Compounds Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Aromatic Compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic aromatic compounds in Latvia |
4.2.2 Increasing consumer awareness about the benefits of using aromatic compounds in various industries |
4.2.3 Rising disposable income leading to higher spending on premium aromatic compounds |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of aromatic compounds |
4.3.2 Stringent regulations and compliance requirements in the aromatic compounds industry |
4.3.3 Intense competition from substitute products in the market |
5 Latvia Aromatic Compounds Market Trends |
6 Latvia Aromatic Compounds Market Segmentations |
6.1 Latvia Aromatic Compounds Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Aromatic Compounds Market Revenues & Volume, By Benzene, 2021-2031F |
6.1.3 Latvia Aromatic Compounds Market Revenues & Volume, By Xylene, 2021-2031F |
6.1.4 Latvia Aromatic Compounds Market Revenues & Volume, By Toluene, 2021-2031F |
6.2 Latvia Aromatic Compounds Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Aromatic Compounds Market Revenues & Volume, By Solvent, 2021-2031F |
6.2.3 Latvia Aromatic Compounds Market Revenues & Volume, By Additive, 2021-2031F |
6.3 Latvia Aromatic Compounds Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Aromatic Compounds Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Latvia Aromatic Compounds Market Revenues & Volume, By Detergent And Dyes, 2021-2031F |
6.3.4 Latvia Aromatic Compounds Market Revenues & Volume, By Automobile, 2021-2031F |
6.3.5 Latvia Aromatic Compounds Market Revenues & Volume, By Electronic Devices, 2021-2031F |
6.3.6 Latvia Aromatic Compounds Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.3.7 Latvia Aromatic Compounds Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.8 Latvia Aromatic Compounds Market Revenues & Volume, By Tire, 2021-2031F |
6.3.9 Latvia Aromatic Compounds Market Revenues & Volume, By Tire, 2021-2031F |
7 Latvia Aromatic Compounds Market Import-Export Trade Statistics |
7.1 Latvia Aromatic Compounds Market Export to Major Countries |
7.2 Latvia Aromatic Compounds Market Imports from Major Countries |
8 Latvia Aromatic Compounds Market Key Performance Indicators |
8.1 Number of new product launches in the aromatic compounds market |
8.2 Consumer satisfaction and retention rates for companies offering aromatic compounds |
8.3 Research and development investment in innovative aromatic compound formulations |
9 Latvia Aromatic Compounds Market - Opportunity Assessment |
9.1 Latvia Aromatic Compounds Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Aromatic Compounds Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Aromatic Compounds Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Aromatic Compounds Market - Competitive Landscape |
10.1 Latvia Aromatic Compounds Market Revenue Share, By Companies, 2024 |
10.2 Latvia Aromatic Compounds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |