| Product Code: ETC5358624 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia saw significant imports of monophenols in 2024, with top suppliers being Germany and Belgium. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was -17.25%. However, there was a notable decline in growth rate from 2023 to 2024 at -29.39%, suggesting a potential shift in market dynamics. Monitoring these trends will be crucial for market players to adapt to changing conditions in the Latvian monophenols import market.

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 Monophenols Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Monophenols Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Monophenols Market - Industry Life Cycle |
3.4 Latvia Monophenols Market - Porter's Five Forces |
3.5 Latvia Monophenols Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Monophenols Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic skincare products |
4.2.2 Growing awareness about the harmful effects of synthetic chemicals in personal care products |
4.2.3 Rising interest in sustainable and eco-friendly ingredients in the beauty industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in monophenols production |
4.3.2 Stringent regulations regarding the use of certain chemicals in cosmetic formulations |
4.3.3 Competition from established synthetic skincare ingredients |
5 Latvia Monophenols Market Trends |
6 Latvia Monophenols Market Segmentations |
6.1 Latvia Monophenols Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Monophenols Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.1.3 Latvia Monophenols Market Revenues & Volume, By Laboratories, 2021-2031F |
6.1.4 Latvia Monophenols Market Revenues & Volume, By Research Institutes, 2021-2031F |
6.1.5 Latvia Monophenols Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Monophenols Market Import-Export Trade Statistics |
7.1 Latvia Monophenols Market Export to Major Countries |
7.2 Latvia Monophenols Market Imports from Major Countries |
8 Latvia Monophenols Market Key Performance Indicators |
8.1 Percentage increase in demand for natural skincare products in Latvia |
8.2 Number of new product launches featuring monophenols as a key ingredient |
8.3 Growth in the number of retailers offering monophenol-based skincare products |
9 Latvia Monophenols Market - Opportunity Assessment |
9.1 Latvia Monophenols Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Monophenols Market - Competitive Landscape |
10.1 Latvia Monophenols Market Revenue Share, By Companies, 2024 |
10.2 Latvia Monophenols Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |