| Product Code: ETC4891927 | 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 |
Despite the negative CAGR and significant decline in growth rate in 2024, Latvia continues to rely heavily on sodium azide imports. The top exporting countries, including Lithuania, Poland, and Germany, maintain a strong presence in the Latvian market. The high HHI concentration indicates a competitive market landscape with limited diversification. It will be crucial for Latvia to explore strategies to stabilize and potentially increase sodium azide import volumes in the coming years to ensure a steady supply chain and minimize dependence on a few key exporting countries.

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 Sodium Azide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sodium Azide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sodium Azide Market - Industry Life Cycle |
3.4 Latvia Sodium Azide Market - Porter's Five Forces |
3.5 Latvia Sodium Azide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Sodium Azide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Sodium Azide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium azide in the pharmaceutical industry for research and development purposes. |
4.2.2 Growing applications of sodium azide in the manufacturing of airbags and other safety equipment. |
4.2.3 Rising focus on laboratory safety measures leading to higher adoption of sodium azide. |
4.3 Market Restraints |
4.3.1 Stringent regulations regarding the handling and disposal of sodium azide due to its toxicity. |
4.3.2 Fluctuating prices of raw materials used in the production of sodium azide. |
5 Latvia Sodium Azide Market Trends |
6 Latvia Sodium Azide Market Segmentations |
6.1 Latvia Sodium Azide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sodium Azide Market Revenues & Volume, By 100% Purity, 2021-2031F |
6.1.3 Latvia Sodium Azide Market Revenues & Volume, By 99% Purity, 2021-2031F |
6.2 Latvia Sodium Azide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sodium Azide Market Revenues & Volume, By Probe Reagent, 2021-2031F |
6.2.3 Latvia Sodium Azide Market Revenues & Volume, By Preservative, 2021-2031F |
6.2.4 Latvia Sodium Azide Market Revenues & Volume, By Nitridizing Agent, 2021-2031F |
6.2.5 Latvia Sodium Azide Market Revenues & Volume, By Cytochrome Oxidase Inhibitor, 2021-2031F |
6.2.6 Latvia Sodium Azide Market Revenues & Volume, By Propellant in Airbags, 2021-2031F |
7 Latvia Sodium Azide Market Import-Export Trade Statistics |
7.1 Latvia Sodium Azide Market Export to Major Countries |
7.2 Latvia Sodium Azide Market Imports from Major Countries |
8 Latvia Sodium Azide Market Key Performance Indicators |
8.1 Number of research collaborations between pharmaceutical companies and research institutions involving the use of sodium azide. |
8.2 Percentage increase in the production capacity of companies manufacturing sodium azide. |
8.3 Number of safety certifications obtained by companies for handling sodium azide safely. |
8.4 Growth in the number of patents related to new applications of sodium azide. |
9 Latvia Sodium Azide Market - Opportunity Assessment |
9.1 Latvia Sodium Azide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Sodium Azide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Sodium Azide Market - Competitive Landscape |
10.1 Latvia Sodium Azide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sodium Azide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |