| Product Code: ETC4678861 | 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 lavender oil import market saw a significant shift in 2024 with top exporters being Poland, Belarus, Lithuania, India, and the UK. The market concentration, as measured by the HHI, increased from moderate to high in just one year, indicating a more consolidated market. Despite a negative CAGR from 2020 to 2024, the growth rate spiked by 73.83% from 2023 to 2024, suggesting a sudden surge in demand or supply dynamics. This trend highlights the evolving landscape of lavender oil imports in Latvia, with potential implications for market players and stakeholders.

In the Europe region, the Lavender oil market in Latvia is projected to expand at a stable growth rate of 1.39% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Lavender oil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Lavender oil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Lavender oil Market - Industry Life Cycle |
3.4 Latvia Lavender oil Market - Porter's Five Forces |
3.5 Latvia Lavender oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Lavender oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Lavender oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of lavender oil for aromatherapy and skincare. |
4.2.2 Growing demand for natural and organic products in the personal care and wellness industry. |
4.2.3 Favorable government regulations supporting the cultivation and production of lavender in Latvia. |
4.3 Market Restraints |
4.3.1 Seasonal variations in lavender crop yields due to weather conditions impacting the supply chain. |
4.3.2 Price fluctuations in the global essential oils market affecting the pricing of lavender oil products. |
4.3.3 Competition from other essential oil alternatives in the market. |
5 Latvia Lavender oil Market Trends |
6 Latvia Lavender oil Market Segmentations |
6.1 Latvia Lavender oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Lavender oil Market Revenues & Volume, By Food and Beverage, 2021-2031F |
6.1.3 Latvia Lavender oil Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.4 Latvia Lavender oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2 Latvia Lavender oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Lavender oil Market Revenues & Volume, By Pharmacy and Drug Stores, 2021-2031F |
6.2.3 Latvia Lavender oil Market Revenues & Volume, By Health and Beauty Stores, 2021-2031F |
6.2.4 Latvia Lavender oil Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.2.5 Latvia Lavender oil Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Lavender oil Market Import-Export Trade Statistics |
7.1 Latvia Lavender oil Market Export to Major Countries |
7.2 Latvia Lavender oil Market Imports from Major Countries |
8 Latvia Lavender oil Market Key Performance Indicators |
8.1 Number of lavender farms and acreage under cultivation in Latvia. |
8.2 Percentage growth in the export of lavender oil from Latvia. |
8.3 Consumer satisfaction and repeat purchase rate for Latvian lavender oil products. |
8.4 Research and development investment in new lavender oil product formulations. |
8.5 Sustainability practices adopted by Latvian lavender oil producers. |
9 Latvia Lavender oil Market - Opportunity Assessment |
9.1 Latvia Lavender oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Lavender oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Lavender oil Market - Competitive Landscape |
10.1 Latvia Lavender oil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Lavender oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |