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

Market Forecast By Derivatives (Polypropylene, Propylene oxide, Cumene, Acrylonitrile, Acrylic acid & Acrylates, Alcohols, Others), By Industrial Verticals (Automotive, Construction, Packaging, Textile, Others), By Types (Purity 99%, Purity 99.5%, Others), By Application (Organic Chemical Raw Materials, Synthetic Resins, Fine Chemicals, Other), By Production process Technology (Steam Cracking, Refinery, On- Purpose) And Competitive Landscape
Product Code: ETC4724214 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 Propylene Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s propylene import market in 2024 saw consistent dominance from top exporting countries such as Finland, Lithuania, Germany, Spain, and the UK. Despite a slight improvement in the growth rate from 2023 to 2024, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained significantly high. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -0.39%, indicating challenges in the market. It will be crucial for industry players to closely monitor these trends and adapt their strategies to navigate the evolving landscape effectively.

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

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


In the Europe region, the Propylene market in Latvia is projected to expand at a stable growth rate of 3.51% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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

Key Highlights of the Report:

  • Latvia Propylene Market Outlook
  • Market Size of Latvia Propylene Market, 2024
  • Forecast of Latvia Propylene Market, 2031
  • Historical Data and Forecast of Latvia Propylene Revenues & Volume for the Period 2021-2031
  • Latvia Propylene Market Trend Evolution
  • Latvia Propylene Market Drivers and Challenges
  • Latvia Propylene Price Trends
  • Latvia Propylene Porter`s Five Forces
  • Latvia Propylene Industry Life Cycle
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Derivatives for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Polypropylene for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Propylene oxide for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Cumene for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Acrylonitrile for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Acrylic acid & Acrylates for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Alcohols for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Industrial Verticals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Textile for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Types for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Purity 99% for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Purity 99.5% for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Organic Chemical Raw Materials for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Synthetic Resins for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Fine Chemicals for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Other for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Production process Technology for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Steam Cracking for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By Refinery for the Period 2021-2031
  • Historical Data and Forecast of Latvia Propylene Market Revenues & Volume By On- Purpose for the Period 2021-2031
  • Latvia Propylene Import Export Trade Statistics
  • Market Opportunity Assessment By Derivatives
  • Market Opportunity Assessment By Industrial Verticals
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Production process Technology
  • Latvia Propylene Top Companies Market Share
  • Latvia Propylene Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Propylene Company Profiles
  • Latvia Propylene Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Propylene 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 Propylene Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Propylene Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Propylene Market - Industry Life Cycle

3.4 Latvia Propylene Market - Porter's Five Forces

3.5 Latvia Propylene Market Revenues & Volume Share, By Derivatives, 2021 & 2031F

3.6 Latvia Propylene Market Revenues & Volume Share, By Industrial Verticals, 2021 & 2031F

3.7 Latvia Propylene Market Revenues & Volume Share Segmentations, 2021 & 2031F

3.8 Latvia Propylene Market Revenues & Volume Share, By Application, 2021 & 2031F

3.9 Latvia Propylene Market Revenues & Volume Share, By Production process Technology, 2021 & 2031F

4 Latvia Propylene Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for propylene derivatives in various industries such as automotive, packaging, and construction.

4.2.2 Growing investments in infrastructure projects in Latvia leading to higher demand for propylene for manufacturing of construction materials.

4.2.3 Favorable government policies and regulations promoting the growth of the chemical industry in Latvia.

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting the overall production cost of propylene.

4.3.2 Competition from imported propylene products affecting the market dynamics.

4.3.3 Environmental concerns leading to stricter regulations on propylene production processes.

5 Latvia Propylene Market Trends

6 Latvia Propylene Market Segmentations

6.1 Latvia Propylene Market, By Derivatives

6.1.1 Overview and Analysis

6.1.2 Latvia Propylene Market Revenues & Volume, By Polypropylene, 2021-2031F

6.1.3 Latvia Propylene Market Revenues & Volume, By Propylene oxide, 2021-2031F

6.1.4 Latvia Propylene Market Revenues & Volume, By Cumene, 2021-2031F

6.1.5 Latvia Propylene Market Revenues & Volume, By Acrylonitrile, 2021-2031F

6.1.6 Latvia Propylene Market Revenues & Volume, By Acrylic acid & Acrylates, 2021-2031F

6.1.7 Latvia Propylene Market Revenues & Volume, By Alcohols, 2021-2031F

6.2 Latvia Propylene Market, By Industrial Verticals

6.2.1 Overview and Analysis

6.2.2 Latvia Propylene Market Revenues & Volume, By Automotive, 2021-2031F

6.2.3 Latvia Propylene Market Revenues & Volume, By Construction, 2021-2031F

6.2.4 Latvia Propylene Market Revenues & Volume, By Packaging, 2021-2031F

6.2.5 Latvia Propylene Market Revenues & Volume, By Textile, 2021-2031F

6.2.6 Latvia Propylene Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Propylene Market Segmentations

6.3.1 Overview and Analysis

6.3.2 Latvia Propylene Market Revenues & Volume, By Purity 99%, 2021-2031F

6.3.3 Latvia Propylene Market Revenues & Volume, By Purity 99.5%, 2021-2031F

6.3.4 Latvia Propylene Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Propylene Market, By Application

6.4.1 Overview and Analysis

6.4.2 Latvia Propylene Market Revenues & Volume, By Organic Chemical Raw Materials, 2021-2031F

6.4.3 Latvia Propylene Market Revenues & Volume, By Synthetic Resins, 2021-2031F

6.4.4 Latvia Propylene Market Revenues & Volume, By Fine Chemicals, 2021-2031F

6.4.5 Latvia Propylene Market Revenues & Volume, By Other, 2021-2031F

6.5 Latvia Propylene Market, By Production process Technology

6.5.1 Overview and Analysis

6.5.2 Latvia Propylene Market Revenues & Volume, By Steam Cracking, 2021-2031F

6.5.3 Latvia Propylene Market Revenues & Volume, By Refinery, 2021-2031F

6.5.4 Latvia Propylene Market Revenues & Volume, By On- Purpose, 2021-2031F

7 Latvia Propylene Market Import-Export Trade Statistics

7.1 Latvia Propylene Market Export to Major Countries

7.2 Latvia Propylene Market Imports from Major Countries

8 Latvia Propylene Market Key Performance Indicators

8.1 Capacity utilization rate of propylene manufacturing plants in Latvia.

8.2 Average selling price of propylene in the domestic market.

8.3 Number of new product developments using propylene in Latvia.

8.4 Energy efficiency and sustainability metrics in propylene production processes.

8.5 Export volume of propylene derivatives to other countries.

9 Latvia Propylene Market - Opportunity Assessment

9.1 Latvia Propylene Market Opportunity Assessment, By Derivatives, 2021 & 2031F

9.2 Latvia Propylene Market Opportunity Assessment, By Industrial Verticals, 2021 & 2031F

9.3 Latvia Propylene Market Opportunity Assessment Segmentations, 2021 & 2031F

9.4 Latvia Propylene Market Opportunity Assessment, By Application, 2021 & 2031F

9.5 Latvia Propylene Market Opportunity Assessment, By Production process Technology, 2021 & 2031F

10 Latvia Propylene Market - Competitive Landscape

10.1 Latvia Propylene Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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