| Product Code: ETC4860273 | 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 sodium phosphate import market in 2024 continues to be dominated by top exporters such as Germany, Estonia, Lithuania, China, and Poland. Despite a significant decline in the compound annual growth rate (CAGR) from 2020-2024, there was a notable growth spurt from 2023-2024. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a tightly competitive landscape among these key exporting countries, suggesting ongoing market dynamics and potential shifts in sodium phosphate trade flows within the region.

By 2027, the Sodium Phosphate market in Latvia is anticipated to reach a growth rate of 0.56%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Phosphate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sodium Phosphate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sodium Phosphate Market - Industry Life Cycle |
3.4 Latvia Sodium Phosphate Market - Porter's Five Forces |
3.5 Latvia Sodium Phosphate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Latvia Sodium Phosphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Sodium Phosphate Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Sodium Phosphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium phosphate in food processing industry |
4.2.2 Growing applications of sodium phosphate in pharmaceutical sector |
4.2.3 Rising awareness about environmental benefits of using sodium phosphate in detergents and cleaning products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in sodium phosphate production |
4.3.2 Stringent regulations regarding the usage of phosphates in certain industries |
5 Latvia Sodium Phosphate Market Trends |
6 Latvia Sodium Phosphate Market Segmentations |
6.1 Latvia Sodium Phosphate Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sodium Phosphate Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.1.3 Latvia Sodium Phosphate Market Revenues & Volume, By Offline Retailing, 2021-2031F |
6.2 Latvia Sodium Phosphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sodium Phosphate Market Revenues & Volume, By Leavening & Emulsifying Agent, 2021-2031F |
6.2.3 Latvia Sodium Phosphate Market Revenues & Volume, By Processed Food Stabilizing, 2021-2031F |
6.2.4 Latvia Sodium Phosphate Market Revenues & Volume, By pH Balance & Saline Laxatives, 2021-2031F |
6.2.5 Latvia Sodium Phosphate Market Revenues & Volume, By Other, 2021-2031F |
6.3 Latvia Sodium Phosphate Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Sodium Phosphate Market Revenues & Volume, By Food & Beverage Industry, 2021-2031F |
6.3.3 Latvia Sodium Phosphate Market Revenues & Volume, By Medical & Pharmaceutical, 2021-2031F |
6.3.4 Latvia Sodium Phosphate Market Revenues & Volume, By Personal Care & Water Treatment, 2021-2031F |
6.3.5 Latvia Sodium Phosphate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Sodium Phosphate Market Import-Export Trade Statistics |
7.1 Latvia Sodium Phosphate Market Export to Major Countries |
7.2 Latvia Sodium Phosphate Market Imports from Major Countries |
8 Latvia Sodium Phosphate Market Key Performance Indicators |
8.1 Adoption rate of sodium phosphate in new applications |
8.2 Percentage of market share held by environmentally-friendly sodium phosphate products |
8.3 Number of new product launches incorporating sodium phosphate technology |
9 Latvia Sodium Phosphate Market - Opportunity Assessment |
9.1 Latvia Sodium Phosphate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Latvia Sodium Phosphate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Sodium Phosphate Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Sodium Phosphate Market - Competitive Landscape |
10.1 Latvia Sodium Phosphate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sodium Phosphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |