| Product Code: ETC4713308 | 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`s clove oil import market in 2024 saw significant concentration with top exporting countries being Spain, Netherlands, UK, Germany, and Poland. Despite a negative CAGR of -25.11% from 2020 to 2024, the growth rate in 2024 spiked by 472.3%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for stakeholders in the clove oil industry. The influx of shipments from key exporting nations highlights the competitive landscape and evolving dynamics within the Latvian market for clove oil imports.

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 oil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Clove oil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Clove oil Market - Industry Life Cycle |
3.4 Latvia Clove oil Market - Porter's Five Forces |
3.5 Latvia Clove oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Clove oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Clove oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of clove oil |
4.2.2 Growing demand for natural and organic products in the beauty and personal care industry |
4.2.3 Rising popularity of aromatherapy and natural remedies |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in clove oil production |
4.3.2 Regulatory challenges related to quality standards and certifications |
4.3.3 Competition from synthetic alternatives in the market |
5 Latvia Clove oil Market Trends |
6 Latvia Clove oil Market Segmentations |
6.1 Latvia Clove oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Clove oil Market Revenues & Volume, By Bud oil, 2021-2031F |
6.1.3 Latvia Clove oil Market Revenues & Volume, By Leaf oil, 2021-2031F |
6.1.4 Latvia Clove oil Market Revenues & Volume, By Stem oil, 2021-2031F |
6.2 Latvia Clove oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Clove oil Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.3 Latvia Clove oil Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.2.4 Latvia Clove oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.5 Latvia Clove oil Market Revenues & Volume, By Spice industry, 2021-2031F |
7 Latvia Clove oil Market Import-Export Trade Statistics |
7.1 Latvia Clove oil Market Export to Major Countries |
7.2 Latvia Clove oil Market Imports from Major Countries |
8 Latvia Clove oil Market Key Performance Indicators |
8.1 Percentage increase in the number of aromatherapy centers and spas offering clove oil treatments |
8.2 Consumer satisfaction scores related to the quality and effectiveness of clove oil products |
8.3 Number of research studies highlighting the health benefits of clove oil |
9 Latvia Clove oil Market - Opportunity Assessment |
9.1 Latvia Clove oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Clove oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Clove oil Market - Competitive Landscape |
10.1 Latvia Clove oil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Clove oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |