| Product Code: ETC7920788 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s rose extract import market continues to thrive, with key suppliers like Ukraine, Spain, Italy, Estonia, and India dominating the shipments in 2024. Despite the high Herfindahl-Hirschman Index (HHI) reflecting significant market concentration, the industry shows robust growth with a compound annual growth rate (CAGR) of 13.48% from 2020 to 2024. The growth momentum is further underscored by a notable 9.01% increase in shipment volumes from 2023 to 2024, indicating sustained interest and demand for rose extract 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 Rose Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rose Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rose Extract Market - Industry Life Cycle |
3.4 Latvia Rose Extract Market - Porter's Five Forces |
3.5 Latvia Rose Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rose Extract Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Rose Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic ingredients in personal care and cosmetics products |
4.2.2 Growing awareness about the benefits of rose extract for skincare and health |
4.2.3 Rise in demand for floral extracts in the fragrance industry |
4.3 Market Restraints |
4.3.1 Seasonal availability and dependency on weather conditions for rose cultivation |
4.3.2 High production costs associated with the extraction and processing of rose extract |
4.3.3 Competition from synthetic alternatives and other natural ingredients in the market |
5 Latvia Rose Extract Market Trends |
6 Latvia Rose Extract Market, By Types |
6.1 Latvia Rose Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rose Extract Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Rose Extract Market Revenues & Volume, By Rose Oil, 2021- 2031F |
6.1.4 Latvia Rose Extract Market Revenues & Volume, By Rose Concrete, 2021- 2031F |
6.1.5 Latvia Rose Extract Market Revenues & Volume, By Rose Absolute, 2021- 2031F |
6.1.6 Latvia Rose Extract Market Revenues & Volume, By Rose Water, 2021- 2031F |
6.2 Latvia Rose Extract Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rose Extract Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.2.3 Latvia Rose Extract Market Revenues & Volume, By Food & Beverage Industry, 2021- 2031F |
6.2.4 Latvia Rose Extract Market Revenues & Volume, By Aromatherapy, 2021- 2031F |
6.2.5 Latvia Rose Extract Market Revenues & Volume, By Retail/ Household, 2021- 2031F |
7 Latvia Rose Extract Market Import-Export Trade Statistics |
7.1 Latvia Rose Extract Market Export to Major Countries |
7.2 Latvia Rose Extract Market Imports from Major Countries |
8 Latvia Rose Extract Market Key Performance Indicators |
8.1 Percentage increase in the number of skincare and cosmetic products containing Latvia rose extract |
8.2 Growth in the number of research studies highlighting the health benefits of Latvia rose extract |
8.3 Expansion of distribution channels for Latvia rose extract products in international markets |
9 Latvia Rose Extract Market - Opportunity Assessment |
9.1 Latvia Rose Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rose Extract Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Rose Extract Market - Competitive Landscape |
10.1 Latvia Rose Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rose Extract 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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