| Product Code: ETC4819309 | 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 |
In 2024, Latvia continued to rely on imports of sodium phosphates, with top exporting countries being Germany, Estonia, Lithuania, China, and Poland. Despite a concerning high concentration level (HHI), the market saw a significant decline in CAGR from 2020-24 at -27.7%. However, there was a positive uptick in growth rate in 2024 at 17.44%, indicating potential opportunities in the sector for the coming year. Keeping an eye on these trends and key players will be crucial for stakeholders in the sodium phosphates market 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 Sodium phosphates Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sodium phosphates Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sodium phosphates Market - Industry Life Cycle |
3.4 Latvia Sodium phosphates Market - Porter's Five Forces |
3.5 Latvia Sodium phosphates Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Sodium phosphates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Sodium phosphates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium phosphates in the food and beverage industry due to their use as food additives and preservatives |
4.2.2 Growing awareness about the benefits of sodium phosphates in various industrial applications, such as water treatment and detergents |
4.2.3 Expansion of the pharmaceutical industry in Latvia, leading to increased consumption of sodium phosphates in drug formulations |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards regarding the permissible levels of sodium phosphates in food and other products |
4.3.2 Fluctuating prices of raw materials used in the production of sodium phosphates, impacting the overall cost of production |
5 Latvia Sodium phosphates Market Trends |
6 Latvia Sodium phosphates Market Segmentations |
6.1 Latvia Sodium phosphates Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sodium phosphates Market Revenues & Volume, By Monobasic sodium phosphate, 2021-2031F |
6.1.3 Latvia Sodium phosphates Market Revenues & Volume, By Disodium phosphate, 2021-2031F |
6.1.4 Latvia Sodium phosphates Market Revenues & Volume, By Trisodium phosphate, 2021-2031F |
6.2 Latvia Sodium phosphates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sodium phosphates Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.3 Latvia Sodium phosphates Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.4 Latvia Sodium phosphates Market Revenues & Volume, By Detergents, 2021-2031F |
6.2.5 Latvia Sodium phosphates Market Revenues & Volume, By Metal Finishing, 2021-2031F |
6.2.6 Latvia Sodium phosphates Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F |
6.2.7 Latvia Sodium phosphates Market Revenues & Volume, By Personal Care, 2021-2031F |
7 Latvia Sodium phosphates Market Import-Export Trade Statistics |
7.1 Latvia Sodium phosphates Market Export to Major Countries |
7.2 Latvia Sodium phosphates Market Imports from Major Countries |
8 Latvia Sodium phosphates Market Key Performance Indicators |
8.1 Research and development investment in innovative sodium phosphate products |
8.2 Number of new product launches containing sodium phosphates |
8.3 Adoption rate of sodium phosphates in emerging industries like cosmetics and personal care |
9 Latvia Sodium phosphates Market - Opportunity Assessment |
9.1 Latvia Sodium phosphates Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Sodium phosphates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Sodium phosphates Market - Competitive Landscape |
10.1 Latvia Sodium phosphates Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sodium phosphates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |