| Product Code: ETC4697481 | 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 |
The sorbitol import shipments to Latvia in 2024 saw a shift in concentration from very high to high, with top exporting countries being Poland, Czechia, Netherlands, Lithuania, and Germany. Despite a remarkable 57.79% CAGR from 2020 to 2024, there was a significant decline in growth rate by -74.73% from 2023 to 2024. This change in dynamics indicates a fluctuating market landscape for sorbitol imports in Latvia, highlighting the need for further analysis to understand the underlying factors driving these trends.

In the Europe region, the Sorbitol market in Latvia is projected to expand at a stable growth rate of 0.89% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Sorbitol Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sorbitol Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sorbitol Market - Industry Life Cycle |
3.4 Latvia Sorbitol Market - Porter's Five Forces |
3.5 Latvia Sorbitol Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Sorbitol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Sorbitol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Sorbitol Market Trends |
6 Latvia Sorbitol Market Segmentations |
6.1 Latvia Sorbitol Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sorbitol Market Revenues & Volume, By Liquid/Syrup Sorbitol, 2021-2031F |
6.1.3 Latvia Sorbitol Market Revenues & Volume, By Crystal/Powder Sorbitol, 2021-2031F |
6.2 Latvia Sorbitol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sorbitol Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
6.2.3 Latvia Sorbitol Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Latvia Sorbitol Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Latvia Sorbitol Market Revenues & Volume, By Creams and emulsions, 2021-2031F |
6.2.6 Latvia Sorbitol Market Revenues & Volume, By Medicated confectionery, 2021-2031F |
6.2.7 Latvia Sorbitol Market Revenues & Volume, By Chemical, 2021-2031F |
7 Latvia Sorbitol Market Import-Export Trade Statistics |
7.1 Latvia Sorbitol Market Export to Major Countries |
7.2 Latvia Sorbitol Market Imports from Major Countries |
8 Latvia Sorbitol Market Key Performance Indicators |
9 Latvia Sorbitol Market - Opportunity Assessment |
9.1 Latvia Sorbitol Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Sorbitol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Sorbitol Market - Competitive Landscape |
10.1 Latvia Sorbitol Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sorbitol 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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