| Product Code: ETC5254086 | 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 continues to rely on imports of carboxymethyl cellulose with top exporters being China, Finland, Slovakia, Lithuania, and Estonia in 2024. The market shows high concentration with a very high Herfindahl-Hirschman Index (HHI) in the same year. Despite a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -36.88%, the growth rate in 2024 improved slightly compared to the previous year at -27.25%. This data indicates a challenging market landscape for carboxymethyl cellulose imports in Latvia, with room for potential shifts and strategies for stakeholders.

The Carboxymethyl Cellulose market in Latvia is projected to grow at a stable growth rate of 0.50% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Carboxymethyl Cellulose Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Carboxymethyl Cellulose Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Carboxymethyl Cellulose Market - Industry Life Cycle |
3.4 Latvia Carboxymethyl Cellulose Market - Porter's Five Forces |
3.5 Latvia Carboxymethyl Cellulose Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 Latvia Carboxymethyl Cellulose Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Carboxymethyl Cellulose Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and sustainable ingredients in various industries such as food beverage, pharmaceuticals, and personal care |
4.2.2 Growth in the pharmaceutical industry leading to a higher demand for carboxymethyl cellulose in drug formulations |
4.2.3 Rising awareness about the benefits of carboxymethyl cellulose in enhancing product quality and performance in different applications |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of carboxymethyl cellulose |
4.3.2 Stringent regulations and quality standards affecting the manufacturing and distribution of carboxymethyl cellulose |
4.3.3 Competition from alternative additives and substitutes in the market |
5 Latvia Carboxymethyl Cellulose Market Trends |
6 Latvia Carboxymethyl Cellulose Market Segmentations |
6.1 Latvia Carboxymethyl Cellulose Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Above 95%, 2021-2031F |
6.1.3 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By 80% - 95%, 2021-2031F |
6.1.4 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Below 80%, 2021-2031F |
6.2 Latvia Carboxymethyl Cellulose Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.2.3 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Personal care, 2021-2031F |
6.2.5 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Oil & gas, 2021-2031F |
6.2.6 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Pulp & paper, 2021-2031F |
6.2.7 Latvia Carboxymethyl Cellulose Market Revenues & Volume, By Detergents & laundry, 2021-2031F |
7 Latvia Carboxymethyl Cellulose Market Import-Export Trade Statistics |
7.1 Latvia Carboxymethyl Cellulose Market Export to Major Countries |
7.2 Latvia Carboxymethyl Cellulose Market Imports from Major Countries |
8 Latvia Carboxymethyl Cellulose Market Key Performance Indicators |
8.1 Research and development investment in new applications and formulations using carboxymethyl cellulose |
8.2 Number of partnerships and collaborations with key industry players for expanding market reach and product portfolio |
8.3 Percentage increase in customer satisfaction and retention rates due to the quality of carboxymethyl cellulose products |
9 Latvia Carboxymethyl Cellulose Market - Opportunity Assessment |
9.1 Latvia Carboxymethyl Cellulose Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 Latvia Carboxymethyl Cellulose Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Carboxymethyl Cellulose Market - Competitive Landscape |
10.1 Latvia Carboxymethyl Cellulose Market Revenue Share, By Companies, 2024 |
10.2 Latvia Carboxymethyl Cellulose Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |