| Product Code: ETC12505717 | 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 |
In 2024, Latvia saw a shift in the import landscape for hydroxyalkonates, with Ukraine, Malaysia, Poland, Germany, and Hungary emerging as the top exporting countries. The market concentration, as measured by the HHI, decreased from moderate to low in the same year. The compound annual growth rate (CAGR) for the period 2020-2024 was -6.67%, indicating a decline in demand over the years. Furthermore, the growth rate from 2023 to 2024 stood at -8.78%, reflecting a further contraction in the market. These trends suggest a challenging environment for hydroxyalkonates import shipments 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 Hydroxyalkonates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hydroxyalkonates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hydroxyalkonates Market - Industry Life Cycle |
3.4 Latvia Hydroxyalkonates Market - Porter's Five Forces |
3.5 Latvia Hydroxyalkonates Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Hydroxyalkonates Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Latvia Hydroxyalkonates Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Hydroxyalkonates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Hydroxyalkonates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Hydroxyalkonates Market Trends |
6 Latvia Hydroxyalkonates Market, By Types |
6.1 Latvia Hydroxyalkonates Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hydroxyalkonates Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Hydroxyalkonates Market Revenues & Volume, By Polyhydroxyalkanoates (PHA), 2021 - 2031F |
6.1.4 Latvia Hydroxyalkonates Market Revenues & Volume, By Poly-3-hydroxybutyrate (PHB), 2021 - 2031F |
6.1.5 Latvia Hydroxyalkonates Market Revenues & Volume, By Polyhydroxyvalerate (PHV), 2021 - 2031F |
6.1.6 Latvia Hydroxyalkonates Market Revenues & Volume, By Polyhydroxyhexanoate (PHH), 2021 - 2031F |
6.1.7 Latvia Hydroxyalkonates Market Revenues & Volume, By PHB-PHV Copolymers, 2021 - 2031F |
6.2 Latvia Hydroxyalkonates Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hydroxyalkonates Market Revenues & Volume, By Biodegradable Polymers, 2021 - 2031F |
6.2.3 Latvia Hydroxyalkonates Market Revenues & Volume, By Microbial Fermentation, 2021 - 2031F |
6.2.4 Latvia Hydroxyalkonates Market Revenues & Volume, By Bio-based Production, 2021 - 2031F |
6.2.5 Latvia Hydroxyalkonates Market Revenues & Volume, By Green Chemistry, 2021 - 2031F |
6.2.6 Latvia Hydroxyalkonates Market Revenues & Volume, By Polymer Blending, 2021 - 2031F |
6.3 Latvia Hydroxyalkonates Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Hydroxyalkonates Market Revenues & Volume, By Packaging Industry, 2021 - 2031F |
6.3.3 Latvia Hydroxyalkonates Market Revenues & Volume, By Medical Sector, 2021 - 2031F |
6.3.4 Latvia Hydroxyalkonates Market Revenues & Volume, By Agriculture Industry, 2021 - 2031F |
6.3.5 Latvia Hydroxyalkonates Market Revenues & Volume, By Textile Manufacturers, 2021 - 2031F |
6.3.6 Latvia Hydroxyalkonates Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4 Latvia Hydroxyalkonates Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Hydroxyalkonates Market Revenues & Volume, By Sustainable Packaging, 2021 - 2031F |
6.4.3 Latvia Hydroxyalkonates Market Revenues & Volume, By Biodegradable Sutures, 2021 - 2031F |
6.4.4 Latvia Hydroxyalkonates Market Revenues & Volume, By Biodegradable Mulch Films, 2021 - 2031F |
6.4.5 Latvia Hydroxyalkonates Market Revenues & Volume, By Eco-friendly Fabrics, 2021 - 2031F |
6.4.6 Latvia Hydroxyalkonates Market Revenues & Volume, By Bio-based Car Parts, 2021 - 2031F |
7 Latvia Hydroxyalkonates Market Import-Export Trade Statistics |
7.1 Latvia Hydroxyalkonates Market Export to Major Countries |
7.2 Latvia Hydroxyalkonates Market Imports from Major Countries |
8 Latvia Hydroxyalkonates Market Key Performance Indicators |
9 Latvia Hydroxyalkonates Market - Opportunity Assessment |
9.1 Latvia Hydroxyalkonates Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Hydroxyalkonates Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Latvia Hydroxyalkonates Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Hydroxyalkonates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Hydroxyalkonates Market - Competitive Landscape |
10.1 Latvia Hydroxyalkonates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hydroxyalkonates 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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