| Product Code: ETC7909636 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The dodecanedioic acid import market in Latvia saw significant growth in 2024, with Lithuania, Germany, Malaysia, Italy, and Estonia emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 11.26% from 2020 to 2024 demonstrates sustained expansion. Furthermore, the remarkable growth rate of 73.45% from 2023 to 2024 suggests a rapidly evolving market landscape, making Latvia an attractive destination for dodecanedioic acid imports.

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 Dodecanedioic Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dodecanedioic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dodecanedioic Acid Market - Industry Life Cycle |
3.4 Latvia Dodecanedioic Acid Market - Porter's Five Forces |
3.5 Latvia Dodecanedioic Acid Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.6 Latvia Dodecanedioic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Dodecanedioic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bio-based chemicals in various industries |
4.2.2 Growing awareness about the benefits of using dodecanedioic acid in manufacturing processes |
4.2.3 Favorable government regulations promoting the use of eco-friendly materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting the production cost |
4.3.2 Lack of awareness among end-users about the applications of dodecanedioic acid |
4.3.3 Competition from substitute products in the market |
5 Latvia Dodecanedioic Acid Market Trends |
6 Latvia Dodecanedioic Acid Market, By Types |
6.1 Latvia Dodecanedioic Acid Market, By Production Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dodecanedioic Acid Market Revenues & Volume, By Production Process, 2021- 2031F |
6.1.3 Latvia Dodecanedioic Acid Market Revenues & Volume, By Synthetic Production, 2021- 2031F |
6.1.4 Latvia Dodecanedioic Acid Market Revenues & Volume, By Biotech Production Dosage Technique, 2021- 2031F |
6.2 Latvia Dodecanedioic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dodecanedioic Acid Market Revenues & Volume, By Antiseptics, 2021- 2031F |
6.2.3 Latvia Dodecanedioic Acid Market Revenues & Volume, By Nylon, 2021- 2031F |
6.2.4 Latvia Dodecanedioic Acid Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.5 Latvia Dodecanedioic Acid Market Revenues & Volume, By Painting Materials, 2021- 2031F |
6.2.6 Latvia Dodecanedioic Acid Market Revenues & Volume, By Corrosion Inhibitors, 2021- 2031F |
6.2.7 Latvia Dodecanedioic Acid Market Revenues & Volume, By Automotive Lubricants, 2021- 2031F |
6.2.8 Latvia Dodecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Latvia Dodecanedioic Acid Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Dodecanedioic Acid Market Import-Export Trade Statistics |
7.1 Latvia Dodecanedioic Acid Market Export to Major Countries |
7.2 Latvia Dodecanedioic Acid Market Imports from Major Countries |
8 Latvia Dodecanedioic Acid Market Key Performance Indicators |
8.1 Research and development investment in new applications of dodecanedioic acid |
8.2 Average production cost per unit over time |
8.3 Number of new partnerships or collaborations with key industry players |
8.4 Percentage of market penetration in target industries |
8.5 Environmental impact assessment and sustainability initiatives in production processes |
9 Latvia Dodecanedioic Acid Market - Opportunity Assessment |
9.1 Latvia Dodecanedioic Acid Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.2 Latvia Dodecanedioic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Dodecanedioic Acid Market - Competitive Landscape |
10.1 Latvia Dodecanedioic Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dodecanedioic Acid 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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