| Product Code: ETC5314734 | 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 import of rosemary essential oil in 2024 continued to be dominated by top exporters such as Germany, Spain, India, Netherlands, and Hungary. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong compound annual growth rate (CAGR) of 15.19% from 2020 to 2024 and a notable growth rate of 21.79% from 2023 to 2024, the demand for rosemary essential oil in Latvia is showing significant growth potential. This trend suggests a growing interest in the benefits and uses of rosemary essential oil in the Latvian market.

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 Rosemary Essential Oil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rosemary Essential Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rosemary Essential Oil Market - Industry Life Cycle |
3.4 Latvia Rosemary Essential Oil Market - Porter's Five Forces |
3.5 Latvia Rosemary Essential Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rosemary Essential Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Rosemary Essential Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Rosemary Essential Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of rosemary essential oil for health and wellness. |
4.2.2 Growing demand for natural and organic products in the beauty and personal care industry. |
4.2.3 Rising trend of aromatherapy and home spa treatments driving the demand for essential oils. |
4.3 Market Restraints |
4.3.1 Seasonal variations in rosemary harvest affecting the availability of raw materials. |
4.3.2 Fluctuating prices of essential oils impacting the overall production costs. |
4.3.3 Stringent regulations and quality standards in the essential oil industry leading to compliance challenges. |
5 Latvia Rosemary Essential Oil Market Trends |
6 Latvia Rosemary Essential Oil Market Segmentations |
6.1 Latvia Rosemary Essential Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rosemary Essential Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Latvia Rosemary Essential Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Latvia Rosemary Essential Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rosemary Essential Oil Market Revenues & Volume, By Pharmaceutical industry, 2021-2031F |
6.2.3 Latvia Rosemary Essential Oil Market Revenues & Volume, By Cosmetic industry, 2021-2031F |
6.2.4 Latvia Rosemary Essential Oil Market Revenues & Volume, By Fragrance industry, 2021-2031F |
6.3 Latvia Rosemary Essential Oil Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rosemary Essential Oil Market Revenues & Volume, By Convenience store, 2021-2031F |
6.3.3 Latvia Rosemary Essential Oil Market Revenues & Volume, By Food store, 2021-2031F |
6.3.4 Latvia Rosemary Essential Oil Market Revenues & Volume, By Health store, 2021-2031F |
6.3.5 Latvia Rosemary Essential Oil Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Latvia Rosemary Essential Oil Market Import-Export Trade Statistics |
7.1 Latvia Rosemary Essential Oil Market Export to Major Countries |
7.2 Latvia Rosemary Essential Oil Market Imports from Major Countries |
8 Latvia Rosemary Essential Oil Market Key Performance Indicators |
8.1 Number of new entrants in the rosemary essential oil market. |
8.2 Percentage increase in the adoption of rosemary essential oil in different industries. |
8.3 Average customer rating and feedback on the quality and efficacy of rosemary essential oil products. |
9 Latvia Rosemary Essential Oil Market - Opportunity Assessment |
9.1 Latvia Rosemary Essential Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rosemary Essential Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Rosemary Essential Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Rosemary Essential Oil Market - Competitive Landscape |
10.1 Latvia Rosemary Essential Oil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rosemary Essential Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |