| Product Code: ETC4724480 | 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 |
In 2024, Latvia continued to import potassium phosphate primarily from Germany, Lithuania, Austria, China, and Canada. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -12.99%. Moreover, the growth rate for 2023-2024 dipped further to -2.27%, suggesting a declining trend in import volumes. This data underscores the need for market participants to closely monitor changing dynamics and adapt strategies to navigate the challenging landscape in the potassium phosphate import market in Latvia.

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 phosphate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potassium phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Potassium phosphate Market - Industry Life Cycle |
3.4 Latvia Potassium phosphate Market - Porter's Five Forces |
3.5 Latvia Potassium phosphate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Latvia Potassium phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Potassium phosphate Market Revenues & Volume Share, By End-use Verticals, 2021 & 2031F |
4 Latvia Potassium 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 potassium phosphate in enhancing crop yield |
4.2.3 Government initiatives to promote sustainable agriculture practices |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in potassium phosphate production |
4.3.2 Stringent regulations related to environmental impact and waste management in the chemical industry |
5 Latvia Potassium phosphate Market Trends |
6 Latvia Potassium phosphate Market Segmentations |
6.1 Latvia Potassium phosphate Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potassium phosphate Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.1.3 Latvia Potassium phosphate Market Revenues & Volume, By Offline Retailing, 2021-2031F |
6.2 Latvia Potassium phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potassium phosphate Market Revenues & Volume, By Acidulant, 2021-2031F |
6.2.3 Latvia Potassium phosphate Market Revenues & Volume, By Diuretic, 2021-2031F |
6.2.4 Latvia Potassium phosphate Market Revenues & Volume, By Buffering & Sequestering Agent, 2021-2031F |
6.2.5 Latvia Potassium phosphate Market Revenues & Volume, By Other Applications, 2021-2031F |
6.3 Latvia Potassium phosphate Market, By End-use Verticals |
6.3.1 Overview and Analysis |
6.3.2 Latvia Potassium phosphate Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.3.3 Latvia Potassium phosphate Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3.4 Latvia Potassium phosphate Market Revenues & Volume, By Personal Care Products, 2021-2031F |
6.3.5 Latvia Potassium phosphate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Potassium phosphate Market Import-Export Trade Statistics |
7.1 Latvia Potassium phosphate Market Export to Major Countries |
7.2 Latvia Potassium phosphate Market Imports from Major Countries |
8 Latvia Potassium phosphate Market Key Performance Indicators |
8.1 Adoption rate of potassium phosphate in various agricultural regions in Latvia |
8.2 Investment in research and development for innovative potassium phosphate products |
8.3 Number of government subsidies or incentives supporting the use of potassium phosphate in agriculture |
9 Latvia Potassium phosphate Market - Opportunity Assessment |
9.1 Latvia Potassium phosphate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Latvia Potassium phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Potassium phosphate Market Opportunity Assessment, By End-use Verticals, 2021 & 2031F |
10 Latvia Potassium phosphate Market - Competitive Landscape |
10.1 Latvia Potassium phosphate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Potassium phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |