Latvia Boric Acid Market (2025-2031) | Segmentation, Companies, Industry, Revenue, Value, Outlook, Size, Growth, Share, Analysis, Trends & Forecast

Market Forecast By Purity (<99%, 99%), By Application (Flame Retardants, Ceramics And Fiberglass, Wood Preservatives, Nutritional Supplements, Pest Control, Others), By End-use (Pharmaceutical, Agricultural, Chemical Processing, Building & Construction, Nuclear, Others), By Distribution Channel (Wholesale, E-Commerce, Retail Shop) And Competitive Landscape
Product Code: ETC4680457 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

Latvia Boric Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The boric acid import shipments to Latvia in 2024 continued to be dominated by top exporting countries such as Turkey, Lithuania, Poland, Metropolitan France, and Germany. Despite a persistently high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate of -12.02% from 2020 to 2024. The growth rate in 2024 plummeted by -27.83%, reflecting a challenging year for the market dynamics in the boric acid import sector in Latvia.

Boric Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


Latvia's Boric Acid market is anticipated to experience a stable growth rate of 3.13% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

Boric Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Boric Acid Market Outlook
  • Market Size of Latvia Boric Acid Market, 2024
  • Forecast of Latvia Boric Acid Market, 2031
  • Historical Data and Forecast of Latvia Boric Acid Revenues & Volume for the Period 2021-2031
  • Latvia Boric Acid Market Trend Evolution
  • Latvia Boric Acid Market Drivers and Challenges
  • Latvia Boric Acid Price Trends
  • Latvia Boric Acid Porter`s Five Forces
  • Latvia Boric Acid Industry Life Cycle
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Purity for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By <99% for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By 99% for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Flame Retardants for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Ceramics And Fiberglass for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Wood Preservatives for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Nutritional Supplements for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Pest Control for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Agricultural for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Chemical Processing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Nuclear for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Wholesale for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By E-Commerce for the Period 2021-2031
  • Historical Data and Forecast of Latvia Boric Acid Market Revenues & Volume By Retail Shop for the Period 2021-2031
  • Latvia Boric Acid Import Export Trade Statistics
  • Market Opportunity Assessment By Purity
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-use
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Boric Acid Top Companies Market Share
  • Latvia Boric Acid Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Boric Acid Company Profiles
  • Latvia Boric Acid Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Boric Acid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Boric Acid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Boric Acid Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Boric Acid Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Boric Acid Market - Industry Life Cycle

3.4 Latvia Boric Acid Market - Porter's Five Forces

3.5 Latvia Boric Acid Market Revenues & Volume Share, By Purity, 2021 & 2031F

3.6 Latvia Boric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Boric Acid Market Revenues & Volume Share, By End-use, 2021 & 2031F

3.8 Latvia Boric Acid Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Boric Acid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Boric Acid Market Trends

6 Latvia Boric Acid Market Segmentations

6.1 Latvia Boric Acid Market, By Purity

6.1.1 Overview and Analysis

6.1.2 Latvia Boric Acid Market Revenues & Volume, By <99%, 2021-2031F

6.1.3 Latvia Boric Acid Market Revenues & Volume, By ? 99%, 2021-2031F

6.2 Latvia Boric Acid Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Boric Acid Market Revenues & Volume, By Flame Retardants, 2021-2031F

6.2.3 Latvia Boric Acid Market Revenues & Volume, By Ceramics And Fiberglass, 2021-2031F

6.2.4 Latvia Boric Acid Market Revenues & Volume, By Wood Preservatives, 2021-2031F

6.2.5 Latvia Boric Acid Market Revenues & Volume, By Nutritional Supplements, 2021-2031F

6.2.6 Latvia Boric Acid Market Revenues & Volume, By Pest Control, 2021-2031F

6.2.7 Latvia Boric Acid Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Boric Acid Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Latvia Boric Acid Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.3 Latvia Boric Acid Market Revenues & Volume, By Agricultural, 2021-2031F

6.3.4 Latvia Boric Acid Market Revenues & Volume, By Chemical Processing, 2021-2031F

6.3.5 Latvia Boric Acid Market Revenues & Volume, By Building & Construction, 2021-2031F

6.3.6 Latvia Boric Acid Market Revenues & Volume, By Nuclear, 2021-2031F

6.3.7 Latvia Boric Acid Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Boric Acid Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Boric Acid Market Revenues & Volume, By Wholesale, 2021-2031F

6.4.3 Latvia Boric Acid Market Revenues & Volume, By E-Commerce, 2021-2031F

6.4.4 Latvia Boric Acid Market Revenues & Volume, By Retail Shop, 2021-2031F

7 Latvia Boric Acid Market Import-Export Trade Statistics

7.1 Latvia Boric Acid Market Export to Major Countries

7.2 Latvia Boric Acid Market Imports from Major Countries

8 Latvia Boric Acid Market Key Performance Indicators

9 Latvia Boric Acid Market - Opportunity Assessment

9.1 Latvia Boric Acid Market Opportunity Assessment, By Purity, 2021 & 2031F

9.2 Latvia Boric Acid Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Boric Acid Market Opportunity Assessment, By End-use, 2021 & 2031F

9.4 Latvia Boric Acid Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Boric Acid Market - Competitive Landscape

10.1 Latvia Boric Acid Market Revenue Share, By Companies, 2024

10.2 Latvia Boric Acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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