| Product Code: ETC5246638 | 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 barite import market in 2024 saw a continued dominance of top exporters including Turkey, Netherlands, Germany, Belgium, and Austria. Despite a negative CAGR from 2020-24, the impressive growth rate of 136.13% from 2023-24 indicates a potential rebound in the market. The high Herfindahl-Hirschman Index (HHI) signifies a concentrated market structure, highlighting the importance of monitoring competition and market dynamics in the barite import industry for Latvia.

In the Europe region, the Barite market in Latvia is projected to expand at a stable growth rate of 1.16% by 2027. The largest economy is 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 Barite Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Barite Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Barite Market - Industry Life Cycle |
3.4 Latvia Barite Market - Porter's Five Forces |
3.5 Latvia Barite Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Barite Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Latvia Barite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for barite in the oil and gas industry for drilling fluid applications |
4.2.2 Growing construction industry in Latvia leading to higher demand for barite in concrete production |
4.2.3 Rising use of barite in the pharmaceutical industry for medical applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of barite due to its dependence on global supply and demand dynamics |
4.3.2 Environmental concerns related to barite mining and processing impacting market growth |
4.3.3 Regulatory challenges affecting the extraction and export of barite in Latvia |
5 Latvia Barite Market Trends |
6 Latvia Barite Market Segmentations |
6.1 Latvia Barite Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Barite Market Revenues & Volume, By Vein, 2021-2031F |
6.1.3 Latvia Barite Market Revenues & Volume, By Residual, 2021-2031F |
6.1.4 Latvia Barite Market Revenues & Volume, By Bedded, 2021-2031F |
6.1.5 Latvia Barite Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Latvia Barite Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Barite Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.3 Latvia Barite Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.4 Latvia Barite Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.5 Latvia Barite Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Latvia Barite Market Import-Export Trade Statistics |
7.1 Latvia Barite Market Export to Major Countries |
7.2 Latvia Barite Market Imports from Major Countries |
8 Latvia Barite Market Key Performance Indicators |
8.1 Barite consumption in the oil and gas sector in Latvia |
8.2 Number of construction projects using barite in concrete production |
8.3 Percentage of pharmaceutical companies in Latvia using barite in their products |
9 Latvia Barite Market - Opportunity Assessment |
9.1 Latvia Barite Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Barite Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Latvia Barite Market - Competitive Landscape |
10.1 Latvia Barite Market Revenue Share, By Companies, 2024 |
10.2 Latvia Barite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |