| Product Code: ETC4705328 | 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 ethanolamines import market in 2024 saw significant contributions from key exporters such as Lithuania, Netherlands, Poland, Turkey, and Germany. Despite a notable decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -22.98%, the growth rate in 2024 alone surged by 65.5%. The market exhibited a high Herfindahl-Hirschman Index (HHI) concentration, indicating a competitive environment dominated by a few major players. These trends suggest a dynamic and evolving landscape for ethanolamines imports in Latvia, with opportunities for further growth and market diversification.

By 2027, the Ethanolamines market in Latvia is anticipated to reach a growth rate of 1.08%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Ethanolamines Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ethanolamines Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ethanolamines Market - Industry Life Cycle |
3.4 Latvia Ethanolamines Market - Porter's Five Forces |
3.5 Latvia Ethanolamines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Ethanolamines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Ethanolamines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for personal care and cosmetic products, where ethanolamines are used as emulsifiers and pH adjusters. |
4.2.2 Growth in the agriculture sector, leading to higher demand for herbicides and pesticides containing ethanolamines. |
4.2.3 Rising awareness about the benefits of using ethanolamines in various industrial applications such as surfactants and detergents. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in ethanolamines production may impact the market growth. |
4.3.2 Strict regulations and compliance requirements related to the handling and disposal of ethanolamines. |
4.3.3 Competition from alternative chemicals that can perform similar functions as ethanolamines. |
5 Latvia Ethanolamines Market Trends |
6 Latvia Ethanolamines Market Segmentations |
6.1 Latvia Ethanolamines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ethanolamines Market Revenues & Volume, By Monoethanolamine (MEA), 2021-2031F |
6.1.3 Latvia Ethanolamines Market Revenues & Volume, By Diethanolamine (DEA), 2021-2031F |
6.1.4 Latvia Ethanolamines Market Revenues & Volume, By Triethanolamine (TEA) ? , 2021-2031F |
6.2 Latvia Ethanolamines Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ethanolamines Market Revenues & Volume, By Herbicides, 2021-2031F |
6.2.3 Latvia Ethanolamines Market Revenues & Volume, By Surfactants, 2021-2031F |
6.2.4 Latvia Ethanolamines Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.5 Latvia Ethanolamines Market Revenues & Volume, By Gas Treatment, 2021-2031F |
6.2.6 Latvia Ethanolamines Market Revenues & Volume, By Cement, 2021-2031F |
7 Latvia Ethanolamines Market Import-Export Trade Statistics |
7.1 Latvia Ethanolamines Market Export to Major Countries |
7.2 Latvia Ethanolamines Market Imports from Major Countries |
8 Latvia Ethanolamines Market Key Performance Indicators |
8.1 Average selling price (ASP) of ethanolamines in the Latvian market. |
8.2 Adoption rate of ethanolamines in emerging applications or industries. |
8.3 Rate of innovation in ethanolamines production processes to improve efficiency and sustainability. |
9 Latvia Ethanolamines Market - Opportunity Assessment |
9.1 Latvia Ethanolamines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Ethanolamines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Ethanolamines Market - Competitive Landscape |
10.1 Latvia Ethanolamines Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ethanolamines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |