| Product Code: ETC12876661 | 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 ivermectin import shipments in 2024 saw significant contributions from top exporting countries Lithuania, Netherlands, Switzerland, Poland, and Germany. The market displayed low concentration with a Herfindahl-Hirschman Index (HHI) remaining stable. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.6%, showcasing a growing demand for ivermectin in the Latvian market. Additionally, the growth rate from 2023 to 2024 was robust at 7.03%, indicating a positive trajectory for the import market in the pharmaceutical 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 Ivermectin Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ivermectin Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ivermectin Market - Industry Life Cycle |
3.4 Latvia Ivermectin Market - Porter's Five Forces |
3.5 Latvia Ivermectin Market Revenues & Volume Share, By Formulation, 2021 & 2031F |
3.6 Latvia Ivermectin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Ivermectin Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Ivermectin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the effectiveness of Ivermectin in treating various parasitic infections |
4.2.2 Growing prevalence of parasitic diseases in Latvia |
4.2.3 Rising demand for veterinary use of Ivermectin |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of Ivermectin in humans |
4.3.2 Potential side effects and safety concerns associated with Ivermectin usage |
4.3.3 Competition from alternative treatments and therapies |
5 Latvia Ivermectin Market Trends |
6 Latvia Ivermectin Market, By Types |
6.1 Latvia Ivermectin Market, By Formulation |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ivermectin Market Revenues & Volume, By Formulation, 2021 - 2031F |
6.1.3 Latvia Ivermectin Market Revenues & Volume, By Tablets, 2021 - 2031F |
6.1.4 Latvia Ivermectin Market Revenues & Volume, By Cream, 2021 - 2031F |
6.1.5 Latvia Ivermectin Market Revenues & Volume, By Injectable, 2021 - 2031F |
6.2 Latvia Ivermectin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ivermectin Market Revenues & Volume, By Human Use (Parasitic Infections, Skin Diseases), 2021 - 2031F |
6.2.3 Latvia Ivermectin Market Revenues & Volume, By Veterinary Use (Livestock, Pets), 2021 - 2031F |
6.3 Latvia Ivermectin Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ivermectin Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Latvia Ivermectin Market Revenues & Volume, By Retail Pharmacies, 2021 - 2031F |
6.3.4 Latvia Ivermectin Market Revenues & Volume, By Online Pharmacies, 2021 - 2031F |
7 Latvia Ivermectin Market Import-Export Trade Statistics |
7.1 Latvia Ivermectin Market Export to Major Countries |
7.2 Latvia Ivermectin Market Imports from Major Countries |
8 Latvia Ivermectin Market Key Performance Indicators |
8.1 Number of prescriptions or recommendations for Ivermectin by healthcare professionals in Latvia |
8.2 Number of reported cases of parasitic infections in Latvia |
8.3 Adoption rate of Ivermectin in veterinary practices in Latvia |
9 Latvia Ivermectin Market - Opportunity Assessment |
9.1 Latvia Ivermectin Market Opportunity Assessment, By Formulation, 2021 & 2031F |
9.2 Latvia Ivermectin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Ivermectin Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Ivermectin Market - Competitive Landscape |
10.1 Latvia Ivermectin Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ivermectin 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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