| Product Code: ETC12176245 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s florol import shipments saw a significant increase in concentration in 2024, with a very high Herfindahl-Hirschman Index (HHI) indicating dominance by top exporting countries like Spain, Germany, and China. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the industry experienced a notable growth spurt in 2024 with a growth rate of 39.34% compared to the previous year. This suggests a dynamic market landscape with potential opportunities for both local businesses and international exporters to capitalize on the growing demand for florol imports in Latvia.

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 Florol Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Florol Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Florol Market - Industry Life Cycle |
3.4 Latvia Florol Market - Porter's Five Forces |
3.5 Latvia Florol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Florol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Florol Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Florol Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Florol Market Revenues & Volume Share, By Chemical Property, 2021 & 2031F |
4 Latvia Florol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for natural and organic products |
4.2.2 Growing trend towards sustainable and eco-friendly products |
4.2.3 Rising disposable income leading to higher spending on premium floral products |
4.3 Market Restraints |
4.3.1 Seasonal availability and limited shelf life of fresh flowers |
4.3.2 Fluctuating prices of raw materials and transportation costs |
4.3.3 Competition from artificial flower alternatives |
5 Latvia Florol Market Trends |
6 Latvia Florol Market, By Types |
6.1 Latvia Florol Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Florol Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Florol Market Revenues & Volume, By Florol 125, 2021 - 2031F |
6.1.4 Latvia Florol Market Revenues & Volume, By Florol 110, 2021 - 2031F |
6.1.5 Latvia Florol Market Revenues & Volume, By Florol 100, 2021 - 2031F |
6.1.6 Latvia Florol Market Revenues & Volume, By Florol 150, 2021 - 2031F |
6.1.7 Latvia Florol Market Revenues & Volume, By Florol 120, 2021 - 2031F |
6.2 Latvia Florol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Florol Market Revenues & Volume, By Industrial Applications, 2021 - 2031F |
6.2.3 Latvia Florol Market Revenues & Volume, By Cleaning, 2021 - 2031F |
6.2.4 Latvia Florol Market Revenues & Volume, By Medical Use, 2021 - 2031F |
6.2.5 Latvia Florol Market Revenues & Volume, By Textile Industry, 2021 - 2031F |
6.2.6 Latvia Florol Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3 Latvia Florol Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Florol Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.3 Latvia Florol Market Revenues & Volume, By Consumer Use, 2021 - 2031F |
6.3.4 Latvia Florol Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.3.5 Latvia Florol Market Revenues & Volume, By Dyeing, 2021 - 2031F |
6.3.6 Latvia Florol Market Revenues & Volume, By Beauty Care, 2021 - 2031F |
6.4 Latvia Florol Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Florol Market Revenues & Volume, By Chemical Synthesis, 2021 - 2031F |
6.4.3 Latvia Florol Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.4 Latvia Florol Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.4.5 Latvia Florol Market Revenues & Volume, By High Stability, 2021 - 2031F |
6.4.6 Latvia Florol Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
6.5 Latvia Florol Market, By Chemical Property |
6.5.1 Overview and Analysis |
6.5.2 Latvia Florol Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.5.3 Latvia Florol Market Revenues & Volume, By Surface Active, 2021 - 2031F |
6.5.4 Latvia Florol Market Revenues & Volume, By Aqueous, 2021 - 2031F |
6.5.5 Latvia Florol Market Revenues & Volume, By Solution, 2021 - 2031F |
6.5.6 Latvia Florol Market Revenues & Volume, By Alkyl, 2021 - 2031F |
7 Latvia Florol Market Import-Export Trade Statistics |
7.1 Latvia Florol Market Export to Major Countries |
7.2 Latvia Florol Market Imports from Major Countries |
8 Latvia Florol Market Key Performance Indicators |
8.1 Percentage of repeat customers indicating customer loyalty and satisfaction |
8.2 Average order value showing the willingness of customers to spend on floral products |
8.3 Number of new product launches reflecting innovation and market responsiveness |
9 Latvia Florol Market - Opportunity Assessment |
9.1 Latvia Florol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Florol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Florol Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Florol Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Florol Market Opportunity Assessment, By Chemical Property, 2021 & 2031F |
10 Latvia Florol Market - Competitive Landscape |
10.1 Latvia Florol Market Revenue Share, By Companies, 2024 |
10.2 Latvia Florol 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