| Product Code: ETC5671022 | 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 |
The solid sulphur import shipments to Latvia in 2024 continued to see strong growth, with top exporters being Poland, Lithuania, Slovenia, Germany, and Finland. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 48.44% from 2020 to 2024 highlights the increasing demand for sulphur in Latvia. Moreover, the exceptional growth rate of 217.71% from 2023 to 2024 suggests a significant surge in sulphur imports, indicating a thriving market for this essential commodity in the region.

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 Solid Sulphur Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Solid Sulphur Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Solid Sulphur Market - Industry Life Cycle |
3.4 Latvia Solid Sulphur Market - Porter's Five Forces |
3.5 Latvia Solid Sulphur Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Latvia Solid Sulphur Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Solid Sulphur Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sulfur in agriculture and chemical industries |
4.2.2 Increasing adoption of sulfur-based fertilizers for crop yield improvement |
4.2.3 Government initiatives promoting the use of sulfur in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of sulfur in the global market |
4.3.2 Environmental concerns related to sulfur emissions during processing and usage |
5 Latvia Solid Sulphur Market Trends |
6 Latvia Solid Sulphur Market Segmentations |
6.1 Latvia Solid Sulphur Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Solid Sulphur Market Revenues & Volume, By Frasch Process, 2021-2031F |
6.1.3 Latvia Solid Sulphur Market Revenues & Volume, By Claus Process, 2021-2031F |
6.2 Latvia Solid Sulphur Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Solid Sulphur Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.2.3 Latvia Solid Sulphur Market Revenues & Volume, By Chemical? Processing, 2021-2031F |
6.2.4 Latvia Solid Sulphur Market Revenues & Volume, By Metal? Manufacturing, 2021-2031F |
6.2.5 Latvia Solid Sulphur Market Revenues & Volume, By Rubber Processing, 2021-2031F |
6.2.6 Latvia Solid Sulphur Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Solid Sulphur Market Import-Export Trade Statistics |
7.1 Latvia Solid Sulphur Market Export to Major Countries |
7.2 Latvia Solid Sulphur Market Imports from Major Countries |
8 Latvia Solid Sulphur Market Key Performance Indicators |
8.1 Percentage increase in sulfur consumption in the agriculture sector |
8.2 Number of new sulfur-based products introduced in the market |
8.3 Investment in sulfur mining and processing infrastructure |
9 Latvia Solid Sulphur Market - Opportunity Assessment |
9.1 Latvia Solid Sulphur Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Latvia Solid Sulphur Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Solid Sulphur Market - Competitive Landscape |
10.1 Latvia Solid Sulphur Market Revenue Share, By Companies, 2024 |
10.2 Latvia Solid Sulphur 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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