| Product Code: ETC5657988 | 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 import shipments of crude oil flow improvers (COFI) in 2024 were primarily sourced from Belgium, Netherlands, Finland, Italy, and Germany. Despite the presence of multiple exporting countries, the market remained fairly competitive with a low Herfindahl-Hirschman Index (HHI) indicating a lack of concentration among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.4%, showing steady growth in demand. Particularly noteworthy is the impressive growth rate of 39.47% from 2023 to 2024, reflecting a significant surge in the import of COFI during that period.

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 Crude Oil Flow Improvers (COFI) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Crude Oil Flow Improvers (COFI) Market - Industry Life Cycle |
3.4 Latvia Crude Oil Flow Improvers (COFI) Market - Porter's Five Forces |
3.5 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Supply Mode, 2021 & 2031F |
3.7 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Crude Oil Flow Improvers (COFI) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for crude oil flow improvers in Latvia due to the growing oil and gas industry |
4.2.2 Advancements in technology leading to the development of more effective and efficient crude oil flow improvers |
4.2.3 Government initiatives and regulations promoting the use of environmentally friendly and sustainable crude oil flow improvers |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the investment in crude oil flow improvers |
4.3.2 High competition in the market leading to price wars and reduced profit margins |
4.3.3 Limited availability of raw materials for manufacturing crude oil flow improvers |
5 Latvia Crude Oil Flow Improvers (COFI) Market Trends |
6 Latvia Crude Oil Flow Improvers (COFI) Market Segmentations |
6.1 Latvia Crude Oil Flow Improvers (COFI) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Paraffin Inhibitors, 2021-2031F |
6.1.3 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Asphaltene Inhibitors, 2021-2031F |
6.1.4 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Scale Inhibitors, 2021-2031F |
6.1.5 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Drag-reducing Agents, 2021-2031F |
6.1.6 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Hydrate Inhibitors, 2021-2031F |
6.2 Latvia Crude Oil Flow Improvers (COFI) Market, By Supply Mode |
6.2.1 Overview and Analysis |
6.2.2 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Direct, 2021-2031F |
6.2.3 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Through Distributors, 2021-2031F |
6.3 Latvia Crude Oil Flow Improvers (COFI) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Extraction, 2021-2031F |
6.3.3 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Pipeline, 2021-2031F |
6.3.4 Latvia Crude Oil Flow Improvers (COFI) Market Revenues & Volume, By Refinery, 2021-2031F |
7 Latvia Crude Oil Flow Improvers (COFI) Market Import-Export Trade Statistics |
7.1 Latvia Crude Oil Flow Improvers (COFI) Market Export to Major Countries |
7.2 Latvia Crude Oil Flow Improvers (COFI) Market Imports from Major Countries |
8 Latvia Crude Oil Flow Improvers (COFI) Market Key Performance Indicators |
8.1 Research and development investment in new crude oil flow improver technologies |
8.2 Adoption rate of environmentally friendly crude oil flow improvers in the market |
8.3 Efficiency improvement of crude oil flow improvers in reducing viscosity and improving flow characteristics |
9 Latvia Crude Oil Flow Improvers (COFI) Market - Opportunity Assessment |
9.1 Latvia Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Supply Mode, 2021 & 2031F |
9.3 Latvia Crude Oil Flow Improvers (COFI) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Crude Oil Flow Improvers (COFI) Market - Competitive Landscape |
10.1 Latvia Crude Oil Flow Improvers (COFI) Market Revenue Share, By Companies, 2024 |
10.2 Latvia Crude Oil Flow Improvers (COFI) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |