| Product Code: ETC4863465 | 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 |
The market for potassium hydroxide import shipments in Latvia showed robust growth in 2024, with a high concentration among top exporting countries Czechia, China, Poland, Netherlands, and Lithuania. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating significant market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 17.93%, with a notable growth rate of 8.3% from 2023 to 2024. This data suggests a strong demand for potassium hydroxide in Latvia and highlights the importance of these key exporting countries in meeting that demand.

By 2027, Latvia's Potassium Hydroxide market is forecasted to achieve a stable growth rate of 0.43%, with Germany leading the Europe region, 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 Potassium Hydroxide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potassium Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Potassium Hydroxide Market - Industry Life Cycle |
3.4 Latvia Potassium Hydroxide Market - Porter's Five Forces |
3.5 Latvia Potassium Hydroxide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Potassium Hydroxide Market Revenues & Volume Share, By Grades, 2021 & 2031F |
4 Latvia Potassium Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the soap and detergent industry due to its use in manufacturing liquid soaps and detergents. |
4.2.2 Growth in the agriculture sector leading to higher demand for potassium hydroxide-based fertilizers. |
4.2.3 Rising adoption of potassium hydroxide in the chemical industry for the production of various chemicals. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the overall production cost. |
4.3.2 Stringent government regulations regarding environmental impact and safety standards. |
4.3.3 Competition from substitute products such as sodium hydroxide affecting market growth. |
5 Latvia Potassium Hydroxide Market Trends |
6 Latvia Potassium Hydroxide Market Segmentations |
6.1 Latvia Potassium Hydroxide Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potassium Hydroxide Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Latvia Potassium Hydroxide Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Latvia Potassium Hydroxide Market Revenues & Volume, By Pallet, 2021-2031F |
6.1.5 Latvia Potassium Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Potassium Hydroxide Market, By Grades |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potassium Hydroxide Market Revenues & Volume, By Industrial grade, 2021-2031F |
6.2.3 Latvia Potassium Hydroxide Market Revenues & Volume, By Food grade, 2021-2031F |
6.2.4 Latvia Potassium Hydroxide Market Revenues & Volume, By Medical grade, 2021-2031F |
6.2.5 Latvia Potassium Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Potassium Hydroxide Market Import-Export Trade Statistics |
7.1 Latvia Potassium Hydroxide Market Export to Major Countries |
7.2 Latvia Potassium Hydroxide Market Imports from Major Countries |
8 Latvia Potassium Hydroxide Market Key Performance Indicators |
8.1 Average selling price of potassium hydroxide in the market. |
8.2 Number of new product launches utilizing potassium hydroxide. |
8.3 Percentage of market share held by key players in the potassium hydroxide market. |
8.4 Import and export volume of potassium hydroxide in Latvia. |
8.5 Rate of adoption of potassium hydroxide in different industries. |
9 Latvia Potassium Hydroxide Market - Opportunity Assessment |
9.1 Latvia Potassium Hydroxide Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Potassium Hydroxide Market Opportunity Assessment, By Grades, 2021 & 2031F |
10 Latvia Potassium Hydroxide Market - Competitive Landscape |
10.1 Latvia Potassium Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Potassium Hydroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |