| Product Code: ETC7912221 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s glyoxylic acid import market continued to showcase high concentration, with top exporting countries being Poland, Lithuania, Germany, Metropolitan France, and Spain. The consistent growth trend is evident with a compound annual growth rate (CAGR) of 4.8% from 2020 to 2024. Notably, the growth rate spiked in 2024 with an impressive 8.14% increase compared to the previous year, indicating a positive momentum in the market dynamics. The dominance of key exporting nations and the upward trajectory in growth rates emphasize the significance of glyoxylic acid imports for Latvia`s industrial sector.

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 Glyoxylic Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glyoxylic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Glyoxylic Acid Market - Industry Life Cycle |
3.4 Latvia Glyoxylic Acid Market - Porter's Five Forces |
3.5 Latvia Glyoxylic Acid Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Glyoxylic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for glyoxylic acid in various industries such as pharmaceuticals, agriculture, and cosmetics. |
4.2.2 Growing awareness regarding the benefits of glyoxylic acid in applications like hair straightening treatments and agrochemicals. |
4.2.3 Rising investments in research and development activities to enhance the production processes and applications of glyoxylic acid. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in glyoxylic acid production affecting the overall production cost. |
4.3.2 Stringent regulations and compliance standards related to the usage of glyoxylic acid in different industries. |
4.3.3 Competition from alternative products and substitutes impacting the market growth. |
5 Latvia Glyoxylic Acid Market Trends |
6 Latvia Glyoxylic Acid Market, By Types |
6.1 Latvia Glyoxylic Acid Market, By End-user |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glyoxylic Acid Market Revenues & Volume, By End-user, 2021- 2031F |
6.1.3 Latvia Glyoxylic Acid Market Revenues & Volume, By Personal Care And Cosmetics, 2021- 2031F |
6.1.4 Latvia Glyoxylic Acid Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.5 Latvia Glyoxylic Acid Market Revenues & Volume, By Agrochemicals, 2021- 2031F |
6.1.6 Latvia Glyoxylic Acid Market Revenues & Volume, By Flavor Industry, 2021- 2031F |
6.1.7 Latvia Glyoxylic Acid Market Revenues & Volume, By Other End-users, 2021- 2031F |
7 Latvia Glyoxylic Acid Market Import-Export Trade Statistics |
7.1 Latvia Glyoxylic Acid Market Export to Major Countries |
7.2 Latvia Glyoxylic Acid Market Imports from Major Countries |
8 Latvia Glyoxylic Acid Market Key Performance Indicators |
8.1 Number of new product developments or innovations in glyoxylic acid applications. |
8.2 Percentage increase in the adoption of glyoxylic acid in emerging industries. |
8.3 Research and development expenditure on glyoxylic acid technologies and applications. |
8.4 Environmental sustainability practices implemented in glyoxylic acid production processes. |
8.5 Number of partnerships or collaborations for expanding the market reach of glyoxylic acid. |
9 Latvia Glyoxylic Acid Market - Opportunity Assessment |
9.1 Latvia Glyoxylic Acid Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Glyoxylic Acid Market - Competitive Landscape |
10.1 Latvia Glyoxylic Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Glyoxylic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |