Latvia Glycerol Market (2025-2031) | Trends, Outlook, Growth, Analysis, Forecast, Size, Revenue, Segmentation, Industry, Share, Value & Companies

Market Forecast By Source (Biodiesel, Fatty Alcohols, Fatty Acids, Soap), By Type (Crude, Refined), By End-use (Food & Beverage, Pharmaceutical, Nutraceutical , Personal Care & Cosmetics, Industrial, Others) And Competitive Landscape
Product Code: ETC5015750 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 Glycerol Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to rely heavily on glycerol imports, with key suppliers including Poland, Lithuania, Germany, Bulgaria, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a negative compound annual growth rate (CAGR) of -14.88% from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024 at 1.61%. These trends suggest a stable but competitive market for glycerol imports in Latvia, with potential for further shifts in supplier dynamics.

Latvia Glycerol Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Glycerol Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


The Glycerol market in Latvia is projected to grow at a stable growth rate of 0.99% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Glycerol Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Glycerol Market Outlook
  • Market Size of Latvia Glycerol Market, 2024
  • Forecast of Latvia Glycerol Market, 2031
  • Historical Data and Forecast of Latvia Glycerol Revenues & Volume for the Period 2021-2031
  • Latvia Glycerol Market Trend Evolution
  • Latvia Glycerol Market Drivers and Challenges
  • Latvia Glycerol Price Trends
  • Latvia Glycerol Porter`s Five Forces
  • Latvia Glycerol Industry Life Cycle
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Biodiesel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Fatty Alcohols for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Fatty Acids for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Soap for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Crude for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Refined for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By End-use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Food & Beverage for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Nutraceutical for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Personal Care & Cosmetics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Glycerol Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Glycerol Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-use
  • Latvia Glycerol Top Companies Market Share
  • Latvia Glycerol Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Glycerol Company Profiles
  • Latvia Glycerol Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Glycerol Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Glycerol Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Glycerol Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Glycerol Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Glycerol Market - Industry Life Cycle

3.4 Latvia Glycerol Market - Porter's Five Forces

3.5 Latvia Glycerol Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Latvia Glycerol Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Latvia Glycerol Market Revenues & Volume Share, By End-use, 2021 & 2031F

4 Latvia Glycerol Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for bio-based products in various industries

4.2.2 Growing awareness about the benefits of glycerol in personal care and pharmaceutical products

4.2.3 Government initiatives promoting the use of renewable resources in manufacturing processes

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting the production cost of glycerol

4.3.2 Regulatory challenges related to the production and usage of glycerol in different industries

5 Latvia Glycerol Market Trends

6 Latvia Glycerol Market Segmentations

6.1 Latvia Glycerol Market, By Source

6.1.1 Overview and Analysis

6.1.2 Latvia Glycerol Market Revenues & Volume, By Biodiesel, 2021-2031F

6.1.3 Latvia Glycerol Market Revenues & Volume, By Fatty Alcohols, 2021-2031F

6.1.4 Latvia Glycerol Market Revenues & Volume, By Fatty Acids, 2021-2031F

6.1.5 Latvia Glycerol Market Revenues & Volume, By Soap, 2021-2031F

6.2 Latvia Glycerol Market, By Type

6.2.1 Overview and Analysis

6.2.2 Latvia Glycerol Market Revenues & Volume, By Crude, 2021-2031F

6.2.3 Latvia Glycerol Market Revenues & Volume, By Refined, 2021-2031F

6.3 Latvia Glycerol Market, By End-use

6.3.1 Overview and Analysis

6.3.2 Latvia Glycerol Market Revenues & Volume, By Food & Beverage, 2021-2031F

6.3.3 Latvia Glycerol Market Revenues & Volume, By Pharmaceutical, 2021-2031F

6.3.4 Latvia Glycerol Market Revenues & Volume, By Nutraceutical , 2021-2031F

6.3.5 Latvia Glycerol Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F

6.3.6 Latvia Glycerol Market Revenues & Volume, By Industrial, 2021-2031F

6.3.7 Latvia Glycerol Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Glycerol Market Import-Export Trade Statistics

7.1 Latvia Glycerol Market Export to Major Countries

7.2 Latvia Glycerol Market Imports from Major Countries

8 Latvia Glycerol Market Key Performance Indicators

8.1 Percentage of bio-based products in key industries using glycerol

8.2 Number of research studies on glycerol applications and benefits

8.3 Adoption rate of glycerol in new product formulations

9 Latvia Glycerol Market - Opportunity Assessment

9.1 Latvia Glycerol Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Latvia Glycerol Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Latvia Glycerol Market Opportunity Assessment, By End-use, 2021 & 2031F

10 Latvia Glycerol Market - Competitive Landscape

10.1 Latvia Glycerol Market Revenue Share, By Companies, 2024

10.2 Latvia Glycerol Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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