| Product Code: ETC4811329 | 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`s isosorbide import market continued to witness high concentration in 2024, with a significant increase from the previous year. The top exporting countries to Latvia in 2024 were Czechia, Lithuania, Germany, Netherlands, and Poland. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight improvement in the growth rate from 2023 to 2024. This data suggests a stable market with key players dominating the isosorbide import shipments to Latvia, indicating potential opportunities for strategic partnerships and market expansion in the region.

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 Isosorbide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Isosorbide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Isosorbide Market - Industry Life Cycle |
3.4 Latvia Isosorbide Market - Porter's Five Forces |
3.5 Latvia Isosorbide Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Isosorbide Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Isosorbide Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Isosorbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly products in the pharmaceutical and cosmetic industries. |
4.2.2 Increasing awareness about the benefits of isosorbide in reducing carbon footprint and promoting sustainability. |
4.2.3 Government initiatives promoting the use of bio-based materials in various industries. |
4.3 Market Restraints |
4.3.1 High production costs associated with isosorbide production. |
4.3.2 Limited availability of raw materials for isosorbide production. |
4.3.3 Stringent regulatory requirements for the approval and usage of isosorbide in various applications. |
5 Latvia Isosorbide Market Trends |
6 Latvia Isosorbide Market Segmentations |
6.1 Latvia Isosorbide Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Isosorbide Market Revenues & Volume, By Oil-Based Isosorbide, 2021-2031F |
6.1.3 Latvia Isosorbide Market Revenues & Volume, By Water-Based Isosorbide, 2021-2031F |
6.1.4 Latvia Isosorbide Market Revenues & Volume, By Silicone-Based Isosorbide, 2021-2031F |
6.2 Latvia Isosorbide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Isosorbide Market Revenues & Volume, By PEIT, 2021-2031F |
6.2.3 Latvia Isosorbide Market Revenues & Volume, By Polycarbonate, 2021-2031F |
6.2.4 Latvia Isosorbide Market Revenues & Volume, By Polyesters Isosorbide Succinate, 2021-2031F |
6.2.5 Latvia Isosorbide Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.6 Latvia Isosorbide Market Revenues & Volume, By Isosorbide Diesters, 2021-2031F |
6.2.7 Latvia Isosorbide Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Isosorbide Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Isosorbide Market Revenues & Volume, By Polymers and Resins, 2021-2031F |
6.3.3 Latvia Isosorbide Market Revenues & Volume, By Additives, 2021-2031F |
6.3.4 Latvia Isosorbide Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Isosorbide Market Import-Export Trade Statistics |
7.1 Latvia Isosorbide Market Export to Major Countries |
7.2 Latvia Isosorbide Market Imports from Major Countries |
8 Latvia Isosorbide Market Key Performance Indicators |
8.1 Research and development investment in bio-based technologies for isosorbide production. |
8.2 Number of partnerships and collaborations for expanding the application of isosorbide in different industries. |
8.3 Adoption rate of isosorbide-based products in the market. |
9 Latvia Isosorbide Market - Opportunity Assessment |
9.1 Latvia Isosorbide Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Isosorbide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Isosorbide Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Isosorbide Market - Competitive Landscape |
10.1 Latvia Isosorbide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Isosorbide 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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