| Product Code: ETC5636841 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw consistent growth in biocides import shipments, with top exporters being Poland, Lithuania, Estonia, Germany, and Austria. Despite this, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 0.65%. However, there was a slight decline in growth from 2023 to 2024, with a negative growth rate of -5.66%. This indicates some fluctuations in the market but overall a stable performance in biocides import trade for 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 Biocides Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Biocides Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Biocides Market - Industry Life Cycle |
3.4 Latvia Biocides Market - Porter's Five Forces |
3.5 Latvia Biocides Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Biocides Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Biocides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of hygiene and sanitation |
4.2.2 Growing demand for eco-friendly and sustainable biocide products |
4.2.3 Stringent regulations and guidelines promoting the use of biocides in various industries |
4.3 Market Restraints |
4.3.1 Rising concerns about the potential health and environmental impacts of biocides |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Competition from alternative pest control methods such as integrated pest management |
5 Latvia Biocides Market Trends |
6 Latvia Biocides Market Segmentations |
6.1 Latvia Biocides Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Biocides Market Revenues & Volume, By Oxidizing Biocide, 2021-2031F |
6.1.3 Latvia Biocides Market Revenues & Volume, By Non-Oxidizing Biocide, 2021-2031F |
6.1.4 Latvia Biocides Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Biocides Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Biocides Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.2.3 Latvia Biocides Market Revenues & Volume, By Household, 2021-2031F |
6.2.4 Latvia Biocides Market Revenues & Volume, By Industrial & Institutional Cleaning and Home Care, 2021-2031F |
6.2.5 Latvia Biocides Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.6 Latvia Biocides Market Revenues & Volume, By Wood Preservatives, 2021-2031F |
6.2.7 Latvia Biocides Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Biocides Market Import-Export Trade Statistics |
7.1 Latvia Biocides Market Export to Major Countries |
7.2 Latvia Biocides Market Imports from Major Countries |
8 Latvia Biocides Market Key Performance Indicators |
8.1 Research and development investment in new biocide formulations |
8.2 Adoption rate of bio-based and environmentally friendly biocide products |
8.3 Compliance with regulatory standards for biocide usage |
8.4 Market penetration of biocide products in key industries |
8.5 Rate of innovation in biocide technologies and applications |
9 Latvia Biocides Market - Opportunity Assessment |
9.1 Latvia Biocides Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Biocides Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Biocides Market - Competitive Landscape |
10.1 Latvia Biocides Market Revenue Share, By Companies, 2024 |
10.2 Latvia Biocides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |