| Product Code: ETC4872908 | 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 phosphorus import market in 2024 continued to be dominated by key suppliers such as Lithuania, Poland, Germany, UK, and Finland. Despite a high level of market concentration indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant decline in both the compound annual growth rate (CAGR) from 2020 to 2024 and the growth rate in 2024. This suggests a challenging environment for phosphorus imports in Latvia, potentially influenced by various factors such as global supply dynamics and domestic demand fluctuations.

The Phosphorus market in Latvia is projected to grow at a negative growth rate of -2.49% 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.

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 Phosphorus Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Phosphorus Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Phosphorus Market - Industry Life Cycle |
3.4 Latvia Phosphorus Market - Porter's Five Forces |
3.5 Latvia Phosphorus Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Phosphorus Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Phosphorus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for phosphorus-based fertilizers in agriculture sector due to increasing need for higher crop yields. |
4.2.2 Technological advancements leading to the development of innovative phosphorus-based products with improved efficiency. |
4.2.3 Government initiatives promoting sustainable agriculture practices, which drive the adoption of phosphorus fertilizers. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in phosphorus production impacting the overall cost of phosphorus-based products. |
4.3.2 Environmental concerns related to phosphorus runoff leading to water pollution, prompting stricter regulations on phosphorus usage. |
5 Latvia Phosphorus Market Trends |
6 Latvia Phosphorus Market Segmentations |
6.1 Latvia Phosphorus Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Phosphorus Market Revenues & Volume, By White phosphorus, 2021-2031F |
6.1.3 Latvia Phosphorus Market Revenues & Volume, By Red phosphorus, 2021-2031F |
6.1.4 Latvia Phosphorus Market Revenues & Volume, By Phosphorous chloride, 2021-2031F |
6.1.5 Latvia Phosphorus Market Revenues & Volume, By Phosphoric acid, 2021-2031F |
6.1.6 Latvia Phosphorus Market Revenues & Volume, By Industrial phosphates, 2021-2031F |
6.1.7 Latvia Phosphorus Market Revenues & Volume, By Phosphorous penta-oxide, 2021-2031F |
6.2 Latvia Phosphorus Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Phosphorus Market Revenues & Volume, By Detergents, 2021-2031F |
6.2.3 Latvia Phosphorus Market Revenues & Volume, By Water treatment, 2021-2031F |
6.2.4 Latvia Phosphorus Market Revenues & Volume, By Flame retardants, 2021-2031F |
6.2.5 Latvia Phosphorus Market Revenues & Volume, By Batteries, 2021-2031F |
6.2.6 Latvia Phosphorus Market Revenues & Volume, By Chemical intermediates, 2021-2031F |
6.2.7 Latvia Phosphorus Market Revenues & Volume, By Fertilizers, 2021-2031F |
7 Latvia Phosphorus Market Import-Export Trade Statistics |
7.1 Latvia Phosphorus Market Export to Major Countries |
7.2 Latvia Phosphorus Market Imports from Major Countries |
8 Latvia Phosphorus Market Key Performance Indicators |
8.1 Soil health index indicating the level of phosphorus content in soil and its impact on crop productivity. |
8.2 Adoption rate of precision agriculture techniques utilizing phosphorus fertilizers efficiently. |
8.3 Research and development investment in phosphorus-related technologies and products. |
9 Latvia Phosphorus Market - Opportunity Assessment |
9.1 Latvia Phosphorus Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Phosphorus Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Phosphorus Market - Competitive Landscape |
10.1 Latvia Phosphorus Market Revenue Share, By Companies, 2024 |
10.2 Latvia Phosphorus 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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