| Product Code: ETC5867463 | 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 |
In 2024, Latvia`s import shipments of diesel exhaust fluid saw a significant shift in concentration, with a notable increase in the Herfindahl-Hirschman Index (HHI), indicating very high concentration among the top exporting countries. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained positive at 5.48%. Norway, Slovenia, Estonia, Germany, and Turkey emerged as key exporters to Latvia, highlighting a diverse mix of countries contributing to the supply of diesel exhaust fluid in the market.

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 Diesel Exhaust Fluid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Diesel Exhaust Fluid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Diesel Exhaust Fluid Market - Industry Life Cycle |
3.4 Latvia Diesel Exhaust Fluid Market - Porter's Five Forces |
3.5 Latvia Diesel Exhaust Fluid Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Latvia Diesel Exhaust Fluid Market Revenues & Volume Share, By Supply Mode, 2021 & 2031F |
4 Latvia Diesel Exhaust Fluid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent emission regulations in Latvia requiring the use of diesel exhaust fluid (DEF) to reduce harmful emissions. |
4.2.2 Increasing adoption of diesel vehicles in Latvia due to their fuel efficiency and torque, driving the demand for DEF. |
4.2.3 Growing awareness among consumers and fleet operators about environmental sustainability, leading to the higher uptake of DEF. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in DEF production impacting the overall cost of the product. |
4.3.2 Lack of infrastructure for DEF distribution and refilling stations in certain regions of Latvia, hindering market growth. |
4.3.3 Competition from alternative technologies and solutions for reducing emissions in diesel vehicles, posing a challenge to the DEF market. |
5 Latvia Diesel Exhaust Fluid Market Trends |
6 Latvia Diesel Exhaust Fluid Market Segmentations |
6.1 Latvia Diesel Exhaust Fluid Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By SCR Catalysts, 2021-2031F |
6.1.3 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By DEF Tanks, 2021-2031F |
6.1.4 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By Injectors, 2021-2031F |
6.1.5 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By Supply Modules, 2021-2031F |
6.1.6 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By Sensors, 2021-2031F |
6.2 Latvia Diesel Exhaust Fluid Market, By Supply Mode |
6.2.1 Overview and Analysis |
6.2.2 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By Cans, 2021-2031F |
6.2.3 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By IBCs, 2021-2031F |
6.2.4 Latvia Diesel Exhaust Fluid Market Revenues & Volume, By Bulk & Pumps, 2021-2031F |
7 Latvia Diesel Exhaust Fluid Market Import-Export Trade Statistics |
7.1 Latvia Diesel Exhaust Fluid Market Export to Major Countries |
7.2 Latvia Diesel Exhaust Fluid Market Imports from Major Countries |
8 Latvia Diesel Exhaust Fluid Market Key Performance Indicators |
8.1 Average DEF consumption per vehicle in Latvia. |
8.2 Number of new DEF distribution and refilling stations opened in key regions. |
8.3 Percentage increase in DEF sales to diesel vehicle owners compared to the previous year. |
9 Latvia Diesel Exhaust Fluid Market - Opportunity Assessment |
9.1 Latvia Diesel Exhaust Fluid Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Latvia Diesel Exhaust Fluid Market Opportunity Assessment, By Supply Mode, 2021 & 2031F |
10 Latvia Diesel Exhaust Fluid Market - Competitive Landscape |
10.1 Latvia Diesel Exhaust Fluid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Diesel Exhaust Fluid 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.
To discover high-growth global markets and optimize your business strategy:
Click Here