| Product Code: ETC11960053 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Latvia decanol import market in 2024 continued to be dominated by a small number of top exporting countries, including Spain, China, Belgium, Lithuania, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a negative compound annual growth rate (CAGR) of -3.39% from 2020 to 2024, the sharp decline in growth rate of -67.77% from 2023 to 2024 suggests a challenging year for decanol imports in Latvia, potentially influenced by global economic factors or shifting market dynamics.

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 Decanol Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Decanol Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Decanol Market - Industry Life Cycle |
3.4 Latvia Decanol Market - Porter's Five Forces |
3.5 Latvia Decanol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Decanol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Decanol Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Latvia Decanol Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Latvia Decanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Decanol Market Trends |
6 Latvia Decanol Market, By Types |
6.1 Latvia Decanol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Decanol Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Decanol Market Revenues & Volume, By Natural, 2021 - 2031F |
6.1.4 Latvia Decanol Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.2 Latvia Decanol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Decanol Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.2.3 Latvia Decanol Market Revenues & Volume, By Plastics, 2021 - 2031F |
6.2.4 Latvia Decanol Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3 Latvia Decanol Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Latvia Decanol Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.3.3 Latvia Decanol Market Revenues & Volume, By Solid, 2021 - 2031F |
6.4 Latvia Decanol Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Latvia Decanol Market Revenues & Volume, By Petrochemical, 2021 - 2031F |
6.4.3 Latvia Decanol Market Revenues & Volume, By Bio-Based, 2021 - 2031F |
7 Latvia Decanol Market Import-Export Trade Statistics |
7.1 Latvia Decanol Market Export to Major Countries |
7.2 Latvia Decanol Market Imports from Major Countries |
8 Latvia Decanol Market Key Performance Indicators |
9 Latvia Decanol Market - Opportunity Assessment |
9.1 Latvia Decanol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Decanol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Decanol Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Latvia Decanol Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Latvia Decanol Market - Competitive Landscape |
10.1 Latvia Decanol Market Revenue Share, By Companies, 2024 |
10.2 Latvia Decanol 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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