| Product Code: ETC4758794 | 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 |
Despite the decline in import shipments of cyclohexane to Latvia with a negative CAGR of -17.32% from 2020 to 2024 and a significant growth rate decrease of -67.07% from 2023 to 2024, the market remained highly concentrated in 2024. Key exporting countries to Latvia include the Netherlands, Belgium, Germany, Austria, and China. The high concentration suggests a competitive market landscape dominated by these top exporting nations, indicating potential challenges and opportunities for market players in the cyclohexane industry.

Latvia's Cyclohexane market is anticipated to experience a stable growth rate of 1.28% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Cyclohexane Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cyclohexane Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cyclohexane Market - Industry Life Cycle |
3.4 Latvia Cyclohexane Market - Porter's Five Forces |
3.5 Latvia Cyclohexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Cyclohexane Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Cyclohexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cyclohexane in key end-use industries such as chemicals, plastics, and textiles. |
4.2.2 Growing focus on sustainable practices and the shift towards bio-based cyclohexane production. |
4.2.3 Favorable government regulations and policies supporting the growth of the cyclohexane market in Latvia. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the overall production cost of cyclohexane. |
4.3.2 Intense competition from alternative chemicals and substitutes affecting market penetration. |
4.3.3 Economic uncertainties and fluctuations in global market conditions leading to demand fluctuations. |
5 Latvia Cyclohexane Market Trends |
6 Latvia Cyclohexane Market Segmentations |
6.1 Latvia Cyclohexane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cyclohexane Market Revenues & Volume, By Adipic acid, 2021-2031F |
6.1.3 Latvia Cyclohexane Market Revenues & Volume, By Caprolactam, 2021-2031F |
6.1.4 Latvia Cyclohexane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Cyclohexane Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cyclohexane Market Revenues & Volume, By Nylon 6, 2021-2031F |
6.2.3 Latvia Cyclohexane Market Revenues & Volume, By Nylon 66, 2021-2031F |
6.2.4 Latvia Cyclohexane Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Cyclohexane Market Import-Export Trade Statistics |
7.1 Latvia Cyclohexane Market Export to Major Countries |
7.2 Latvia Cyclohexane Market Imports from Major Countries |
8 Latvia Cyclohexane Market Key Performance Indicators |
8.1 Average selling price of cyclohexane in the Latvia market. |
8.2 Production capacity utilization rate of cyclohexane manufacturers in Latvia. |
8.3 Percentage of bio-based or sustainable cyclohexane production in the market. |
8.4 Research and development investments in innovative cyclohexane production technologies. |
8.5 Adoption rate of eco-friendly practices and certifications in the cyclohexane industry in Latvia. |
9 Latvia Cyclohexane Market - Opportunity Assessment |
9.1 Latvia Cyclohexane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Cyclohexane Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Cyclohexane Market - Competitive Landscape |
10.1 Latvia Cyclohexane Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cyclohexane 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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