Latvia Phosphate Market (2025-2031) | Size, Growth, Value, Share, Industry, Segmentation, Revenue, Trends, Companies, Outlook, Forecast & Analysis

Market Forecast By Type/Derivative (Ammonium Phosphate, Calcium Phosphate, Phosphoric Acid), By Application (Fertilizers, Foods & Beverages, Detergents), By Type of Resource (Sedimentary Marine Deposits, Igneous & Weathered, Biogenic) And Competitive Landscape
Product Code: ETC5688711 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 Phosphate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s phosphate import market in 2024 continued to be dominated by neighboring countries like Lithuania, Poland, and Estonia, along with key players like Germany and Metropolitan France. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the market saw a significant decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024 at -6.47%. The growth rate from 2023 to 2024 was particularly steep at -34.75%, reflecting a challenging year for the phosphate import sector in Latvia.

Latvia Phosphate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Phosphate Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


The Phosphate market in Latvia is projected to grow at a stable growth rate of 0.68% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Phosphate Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Phosphate Market Outlook
  • Market Size of Latvia Phosphate Market, 2024
  • Forecast of Latvia Phosphate Market, 2031
  • Historical Data and Forecast of Latvia Phosphate Revenues & Volume for the Period 2021-2031
  • Latvia Phosphate Market Trend Evolution
  • Latvia Phosphate Market Drivers and Challenges
  • Latvia Phosphate Price Trends
  • Latvia Phosphate Porter`s Five Forces
  • Latvia Phosphate Industry Life Cycle
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Type/Derivative for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Ammonium Phosphate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Calcium Phosphate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Phosphoric Acid for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Fertilizers for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Foods & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Detergents for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Type of Resource for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Sedimentary Marine Deposits for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Igneous & Weathered for the Period 2021-2031
  • Historical Data and Forecast of Latvia Phosphate Market Revenues & Volume By Biogenic for the Period 2021-2031
  • Latvia Phosphate Import Export Trade Statistics
  • Market Opportunity Assessment By Type/Derivative
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Type of Resource
  • Latvia Phosphate Top Companies Market Share
  • Latvia Phosphate Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Phosphate Company Profiles
  • Latvia Phosphate Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Phosphate Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Phosphate Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Phosphate Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Phosphate Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Phosphate Market - Industry Life Cycle

3.4 Latvia Phosphate Market - Porter's Five Forces

3.5 Latvia Phosphate Market Revenues & Volume Share, By Type/Derivative, 2021 & 2031F

3.6 Latvia Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Latvia Phosphate Market Revenues & Volume Share, By Type of Resource, 2021 & 2031F

4 Latvia Phosphate Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for fertilizers in the agriculture sector

4.2.2 Growing awareness about the benefits of using phosphate-based products

4.2.3 Government initiatives promoting sustainable agriculture practices

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials

4.3.2 Environmental concerns related to phosphate mining and usage

4.3.3 Competition from alternative products or substitutes

5 Latvia Phosphate Market Trends

6 Latvia Phosphate Market Segmentations

6.1 Latvia Phosphate Market, By Type/Derivative

6.1.1 Overview and Analysis

6.1.2 Latvia Phosphate Market Revenues & Volume, By Ammonium Phosphate, 2021-2031F

6.1.3 Latvia Phosphate Market Revenues & Volume, By Calcium Phosphate, 2021-2031F

6.1.4 Latvia Phosphate Market Revenues & Volume, By Phosphoric Acid, 2021-2031F

6.2 Latvia Phosphate Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Phosphate Market Revenues & Volume, By Fertilizers, 2021-2031F

6.2.3 Latvia Phosphate Market Revenues & Volume, By Foods & Beverages, 2021-2031F

6.2.4 Latvia Phosphate Market Revenues & Volume, By Detergents, 2021-2031F

6.3 Latvia Phosphate Market, By Type of Resource

6.3.1 Overview and Analysis

6.3.2 Latvia Phosphate Market Revenues & Volume, By Sedimentary Marine Deposits, 2021-2031F

6.3.3 Latvia Phosphate Market Revenues & Volume, By Igneous & Weathered, 2021-2031F

6.3.4 Latvia Phosphate Market Revenues & Volume, By Biogenic, 2021-2031F

7 Latvia Phosphate Market Import-Export Trade Statistics

7.1 Latvia Phosphate Market Export to Major Countries

7.2 Latvia Phosphate Market Imports from Major Countries

8 Latvia Phosphate Market Key Performance Indicators

8.1 Percentage of agricultural land using phosphate-based fertilizers

8.2 Adoption rate of sustainable phosphate mining practices

8.3 Number of government policies supporting phosphate market growth

9 Latvia Phosphate Market - Opportunity Assessment

9.1 Latvia Phosphate Market Opportunity Assessment, By Type/Derivative, 2021 & 2031F

9.2 Latvia Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Latvia Phosphate Market Opportunity Assessment, By Type of Resource, 2021 & 2031F

10 Latvia Phosphate Market - Competitive Landscape

10.1 Latvia Phosphate Market Revenue Share, By Companies, 2024

10.2 Latvia Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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