| Product Code: ETC5258475 | 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 |
Latvia`s clove leaf oil import market saw significant growth in 2024, with top exporters including Ukraine, Spain, Germany, Belarus, and Italy. The market concentration, measured by the HHI, decreased from moderate to low concentration, indicating a more competitive landscape. The impressive CAGR of 51.79% from 2020 to 2024, along with a growth rate of 55.97% in 2024, reflects the increasing demand for clove leaf oil in Latvia and suggests a positive outlook for the industry.

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 Clove Leaf Oil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Clove Leaf Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Clove Leaf Oil Market - Industry Life Cycle |
3.4 Latvia Clove Leaf Oil Market - Porter's Five Forces |
3.5 Latvia Clove Leaf Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Clove Leaf Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Clove Leaf Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in the personal care and pharmaceutical industries |
4.2.2 Growing awareness about the health benefits of clove leaf oil, such as its antiseptic and analgesic properties |
4.2.3 Rising popularity of aromatherapy and essential oils in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuations in the prices of raw materials used in the production of clove leaf oil |
4.3.2 Regulatory challenges and compliance requirements in the production and distribution of essential oils |
5 Latvia Clove Leaf Oil Market Trends |
6 Latvia Clove Leaf Oil Market Segmentations |
6.1 Latvia Clove Leaf Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Clove Leaf Oil Market Revenues & Volume, By 73% Clove Leaf Oil, 2021-2031F |
6.1.3 Latvia Clove Leaf Oil Market Revenues & Volume, By 80% Clove Leaf Oil, 2021-2031F |
6.1.4 Latvia Clove Leaf Oil Market Revenues & Volume, By 82% Clove Leaf Oil, 2021-2031F |
6.1.5 Latvia Clove Leaf Oil Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Clove Leaf Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Clove Leaf Oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.3 Latvia Clove Leaf Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Latvia Clove Leaf Oil Market Revenues & Volume, By Industry, 2021-2031F |
6.2.5 Latvia Clove Leaf Oil Market Revenues & Volume, By Spice Industry, 2021-2031F |
7 Latvia Clove Leaf Oil Market Import-Export Trade Statistics |
7.1 Latvia Clove Leaf Oil Market Export to Major Countries |
7.2 Latvia Clove Leaf Oil Market Imports from Major Countries |
8 Latvia Clove Leaf Oil Market Key Performance Indicators |
8.1 Number of new product launches containing clove leaf oil |
8.2 Percentage increase in the use of clove leaf oil in personal care products |
8.3 Growth in the number of aromatherapy centers offering clove leaf oil treatments. |
9 Latvia Clove Leaf Oil Market - Opportunity Assessment |
9.1 Latvia Clove Leaf Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Clove Leaf Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Clove Leaf Oil Market - Competitive Landscape |
10.1 Latvia Clove Leaf Oil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Clove Leaf Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |