| Product Code: ETC11802805 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The carbonates import market in Latvia experienced significant growth in 2024, with top exporting countries being Lithuania, Poland, China, Turkey, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a strong 8.69%, with a notable growth rate of 30.97% from 2023 to 2024. This suggests a thriving market for carbonates in Latvia, driven by imports from key trading partners.

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 Carbonates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carbonates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carbonates Market - Industry Life Cycle |
3.4 Latvia Carbonates Market - Porter's Five Forces |
3.5 Latvia Carbonates Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Carbonates Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Carbonates Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Carbonates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Carbonates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Carbonates Market Trends |
6 Latvia Carbonates Market, By Types |
6.1 Latvia Carbonates Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carbonates Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Carbonates Market Revenues & Volume, By Sodium Carbonate, 2021 - 2031F |
6.1.4 Latvia Carbonates Market Revenues & Volume, By Potassium Carbonate, 2021 - 2031F |
6.1.5 Latvia Carbonates Market Revenues & Volume, By Ammonium Carbonate, 2021 - 2031F |
6.1.6 Latvia Carbonates Market Revenues & Volume, By Calcium Carbonate, 2021 - 2031F |
6.2 Latvia Carbonates Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carbonates Market Revenues & Volume, By Soda Ash Production, 2021 - 2031F |
6.2.3 Latvia Carbonates Market Revenues & Volume, By Electrolysis Technology, 2021 - 2031F |
6.2.4 Latvia Carbonates Market Revenues & Volume, By Ammonia Synthesis, 2021 - 2031F |
6.2.5 Latvia Carbonates Market Revenues & Volume, By Limestone Calcination, 2021 - 2031F |
6.3 Latvia Carbonates Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Carbonates Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
6.3.3 Latvia Carbonates Market Revenues & Volume, By Agriculture Industry, 2021 - 2031F |
6.3.4 Latvia Carbonates Market Revenues & Volume, By Food and Beverage Sector, 2021 - 2031F |
6.3.5 Latvia Carbonates Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4 Latvia Carbonates Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Carbonates Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.4.3 Latvia Carbonates Market Revenues & Volume, By Fertilizer Production, 2021 - 2031F |
6.4.4 Latvia Carbonates Market Revenues & Volume, By Food Additives, 2021 - 2031F |
6.4.5 Latvia Carbonates Market Revenues & Volume, By Drug Formulation, 2021 - 2031F |
7 Latvia Carbonates Market Import-Export Trade Statistics |
7.1 Latvia Carbonates Market Export to Major Countries |
7.2 Latvia Carbonates Market Imports from Major Countries |
8 Latvia Carbonates Market Key Performance Indicators |
9 Latvia Carbonates Market - Opportunity Assessment |
9.1 Latvia Carbonates Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Carbonates Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Carbonates Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Carbonates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Carbonates Market - Competitive Landscape |
10.1 Latvia Carbonates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carbonates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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