| Product Code: ETC5311010 | 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`s production chemicals import market saw a significant shift in concentration levels from moderate to low in 2024, indicating a more diversified import landscape. The top exporting countries to Latvia in 2024, including Netherlands, Germany, Poland, Lithuania, and Estonia, continue to play a crucial role in supplying these essential chemicals. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stands at a healthy 5.46%, reflecting a steady overall growth trend in the market.

By 2027, the Production Chemicals market in Latvia is anticipated to reach a growth rate of 0.50%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Production Chemicals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Production Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Production Chemicals Market - Industry Life Cycle |
3.4 Latvia Production Chemicals Market - Porter's Five Forces |
3.5 Latvia Production Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Production Chemicals Market Revenues & Volume Share, By Oilfield Type, 2021 & 2031F |
3.7 Latvia Production Chemicals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Production Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for chemicals in various industries in Latvia |
4.2.2 Increasing focus on sustainable and environmentally friendly production practices |
4.2.3 Technological advancements in chemical manufacturing processes |
4.3 Market Restraints |
4.3.1 Stringent regulations related to chemical production and usage |
4.3.2 Fluctuating raw material prices |
4.3.3 Competition from imported chemicals |
5 Latvia Production Chemicals Market Trends |
6 Latvia Production Chemicals Market Segmentations |
6.1 Latvia Production Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Production Chemicals Market Revenues & Volume, By Demulsifiers, 2021-2031F |
6.1.3 Latvia Production Chemicals Market Revenues & Volume, By Scale Inhibitors, 2021-2031F |
6.1.4 Latvia Production Chemicals Market Revenues & Volume, By Corrosion Inhibitors, 2021-2031F |
6.1.5 Latvia Production Chemicals Market Revenues & Volume, By Asphaltene Inhibitors, 2021-2031F |
6.1.6 Latvia Production Chemicals Market Revenues & Volume, By Biocides, 2021-2031F |
6.1.7 Latvia Production Chemicals Market Revenues & Volume, By Scavengers, 2021-2031F |
6.1.9 Latvia Production Chemicals Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Production Chemicals Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Production Chemicals Market, By Oilfield Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Production Chemicals Market Revenues & Volume, By Onshore, 2021-2031F |
6.2.3 Latvia Production Chemicals Market Revenues & Volume, By Offshore, 2021-2031F |
6.3 Latvia Production Chemicals Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Production Chemicals Market Revenues & Volume, By Cementing, 2021-2031F |
6.3.3 Latvia Production Chemicals Market Revenues & Volume, By Production Chemicals, 2021-2031F |
6.3.4 Latvia Production Chemicals Market Revenues & Volume, By Drilling Fluids, 2021-2031F |
6.3.5 Latvia Production Chemicals Market Revenues & Volume, By Improved Oil Recovery, 2021-2031F |
6.3.6 Latvia Production Chemicals Market Revenues & Volume, By Well Stimulation, 2021-2031F |
6.3.7 Latvia Production Chemicals Market Revenues & Volume, By Work Over and Achievements, 2021-2031F |
7 Latvia Production Chemicals Market Import-Export Trade Statistics |
7.1 Latvia Production Chemicals Market Export to Major Countries |
7.2 Latvia Production Chemicals Market Imports from Major Countries |
8 Latvia Production Chemicals Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly production methods |
8.2 Percentage increase in demand from key industries (e.g., manufacturing, agriculture) |
8.3 Rate of adoption of new technologies in chemical production |
9 Latvia Production Chemicals Market - Opportunity Assessment |
9.1 Latvia Production Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Production Chemicals Market Opportunity Assessment, By Oilfield Type, 2021 & 2031F |
9.3 Latvia Production Chemicals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Production Chemicals Market - Competitive Landscape |
10.1 Latvia Production Chemicals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Production Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |