| Product Code: ETC4941802 | 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`s soap and detergents import market in 2024 continued to be fueled by shipments mainly from Poland, Ukraine, Lithuania, Germany, and Estonia. Despite moderate concentration levels indicated by the HHI, the market saw a steady growth with a CAGR of 1.44% from 2020 to 2024. The growth rate for 2023-24 stood at 1.09%, reflecting a consistent upward trajectory in import volumes. This data suggests a stable and gradually expanding market for soap and detergents 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 Soap and detergents Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soap and detergents Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soap and detergents Market - Industry Life Cycle |
3.4 Latvia Soap and detergents Market - Porter's Five Forces |
3.5 Latvia Soap and detergents Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Soap and detergents Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Soap and detergents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about hygiene and cleanliness |
4.2.2 Growing disposable income leading to higher spending on household products |
4.2.3 Rising focus on eco-friendly and sustainable products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among domestic and international brands |
4.3.3 Regulatory challenges related to environmental impact and ingredient restrictions |
5 Latvia Soap and detergents Market Trends |
6 Latvia Soap and detergents Market Segmentations |
6.1 Latvia Soap and detergents Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soap and detergents Market Revenues & Volume, By Household detergents, 2021-2031F |
6.1.3 Latvia Soap and detergents Market Revenues & Volume, By Industrial soaps & detergents, 2021-2031F |
6.1.4 Latvia Soap and detergents Market Revenues & Volume, By Household soaps, 2021-2031F |
6.1.5 Latvia Soap and detergents Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Soap and detergents Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soap and detergents Market Revenues & Volume, By Homecare Detergents, 2021-2031F |
6.2.3 Latvia Soap and detergents Market Revenues & Volume, By Industrial Soap and Detergent, 2021-2031F |
6.2.4 Latvia Soap and detergents Market Revenues & Volume, By Homecare Soaps, 2021-2031F |
6.2.5 Latvia Soap and detergents Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Soap and detergents Market Import-Export Trade Statistics |
7.1 Latvia Soap and detergents Market Export to Major Countries |
7.2 Latvia Soap and detergents Market Imports from Major Countries |
8 Latvia Soap and detergents Market Key Performance Indicators |
8.1 Consumer satisfaction index with eco-friendly products |
8.2 Percentage of households using organic soap and detergents |
8.3 Market penetration rate of premium soap and detergent brands |
8.4 Number of new product launches in the eco-friendly segment |
8.5 Growth in the number of retail outlets stocking sustainable cleaning products |
9 Latvia Soap and detergents Market - Opportunity Assessment |
9.1 Latvia Soap and detergents Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Soap and detergents Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Soap and detergents Market - Competitive Landscape |
10.1 Latvia Soap and detergents Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soap and detergents 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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