| Product Code: ETC12776821 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s hexene import market in 2024 saw consistent concentration with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020-2024, the market showed a positive growth rate in 2024. Key exporting countries to Latvia included Finland, Lithuania, Germany, Spain, and the UK, indicating a diverse source of imports for the country`s hexene sector. The market dynamics suggest stability and resilience in the face of changing global trade conditions.

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 Hexene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hexene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hexene Market - Industry Life Cycle |
3.4 Latvia Hexene Market - Porter's Five Forces |
3.5 Latvia Hexene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Hexene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Hexene Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Hexene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyethylene, which is a key application of hexene, in various industries such as packaging and construction. |
4.2.2 Growing investments in infrastructure development in Latvia, leading to higher demand for hexene-based products. |
4.2.3 Technological advancements in hexene production processes, leading to improved efficiency and cost-effectiveness. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in hexene production, impacting the overall cost of manufacturing. |
4.3.2 Environmental regulations and sustainability concerns driving the need for eco-friendly alternatives to hexene. |
4.3.3 Competition from other chemical compounds and substitutes in the market, affecting the market share of hexene. |
5 Latvia Hexene Market Trends |
6 Latvia Hexene Market, By Types |
6.1 Latvia Hexene Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hexene Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Latvia Hexene Market Revenues & Volume, By Polymer-Grade, 2021 - 2031F |
6.1.4 Latvia Hexene Market Revenues & Volume, By Industrial-Grade, 2021 - 2031F |
6.2 Latvia Hexene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hexene Market Revenues & Volume, By Plastics Manufacturing, 2021 - 2031F |
6.2.3 Latvia Hexene Market Revenues & Volume, By Lubricants, 2021 - 2031F |
6.2.4 Latvia Hexene Market Revenues & Volume, By Chemical Intermediates, 2021 - 2031F |
6.3 Latvia Hexene Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Hexene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Hexene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.4 Latvia Hexene Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
7 Latvia Hexene Market Import-Export Trade Statistics |
7.1 Latvia Hexene Market Export to Major Countries |
7.2 Latvia Hexene Market Imports from Major Countries |
8 Latvia Hexene Market Key Performance Indicators |
8.1 Percentage increase in the adoption of hexene-based products in key industries in Latvia. |
8.2 Research and development investments in hexene technologies and processes. |
8.3 Number of patents filed for new hexene applications or production methods. |
9 Latvia Hexene Market - Opportunity Assessment |
9.1 Latvia Hexene Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Hexene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Hexene Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Hexene Market - Competitive Landscape |
10.1 Latvia Hexene Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hexene 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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