| Product Code: ETC4789118 | 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 dichloroethane import shipments in 2024 continued to be dominated by Germany and Austria, indicating a strong trade relationship. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, potentially leading to pricing power for the exporting countries. The impressive compound annual growth rate (CAGR) of 76.26% from 2020 to 2024 highlights a rapidly expanding market for dichloroethane in Latvia. Moreover, the substantial growth rate of 67.7% from 2023 to 2024 indicates a continued upward trend in demand for this chemical compound in the country.

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 Dichloroethane Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dichloroethane Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dichloroethane Market - Industry Life Cycle |
3.4 Latvia Dichloroethane Market - Porter's Five Forces |
3.5 Latvia Dichloroethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Dichloroethane Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Latvia Dichloroethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for dichloroethane in manufacturing industries |
4.2.2 Growing use of dichloroethane as a solvent in various applications |
4.2.3 Favorable government regulations supporting the use of dichloroethane |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental concerns related to the use and disposal of dichloroethane |
5 Latvia Dichloroethane Market Trends |
6 Latvia Dichloroethane Market Segmentations |
6.1 Latvia Dichloroethane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dichloroethane Market Revenues & Volume, By Ethylenediamine, 2021-2031F |
6.1.3 Latvia Dichloroethane Market Revenues & Volume, By Ethylene Glycol, 2021-2031F |
6.1.4 Latvia Dichloroethane Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F |
6.1.5 Latvia Dichloroethane Market Revenues & Volume, By Nylon, 2021-2031F |
6.1.6 Latvia Dichloroethane Market Revenues & Volume, By Rayon, 2021-2031F |
6.1.7 Latvia Dichloroethane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Dichloroethane Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dichloroethane Market Revenues & Volume, By Paints, 2021-2031F |
6.2.3 Latvia Dichloroethane Market Revenues & Volume, By Coatings, 2021-2031F |
6.2.4 Latvia Dichloroethane Market Revenues & Volume, By Soap, 2021-2031F |
6.2.5 Latvia Dichloroethane Market Revenues & Volume, By Cleaners, 2021-2031F |
6.2.6 Latvia Dichloroethane Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Dichloroethane Market Import-Export Trade Statistics |
7.1 Latvia Dichloroethane Market Export to Major Countries |
7.2 Latvia Dichloroethane Market Imports from Major Countries |
8 Latvia Dichloroethane Market Key Performance Indicators |
8.1 Environmental impact assessments and compliance with regulations |
8.2 Research and development investment in sustainable manufacturing processes |
8.3 Adoption of technology for efficient production and waste management |
9 Latvia Dichloroethane Market - Opportunity Assessment |
9.1 Latvia Dichloroethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Dichloroethane Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Latvia Dichloroethane Market - Competitive Landscape |
10.1 Latvia Dichloroethane Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dichloroethane 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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