| Product Code: ETC7923470 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a steady increase in tranexamic acid import shipments, with top exporting countries being Lithuania, Netherlands, Switzerland, Poland, and Germany. Despite this, the Herfindahl-Hirschman Index (HHI) indicated low market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a promising 8.6%, with a notable growth rate of 7.03% from 2023 to 2024. These figures suggest a positive trend in the tranexamic acid market in Latvia, driven by diverse sources and consistent growth rates.

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 Tranexamic Acid Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tranexamic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tranexamic Acid Market - Industry Life Cycle |
3.4 Latvia Tranexamic Acid Market - Porter's Five Forces |
3.5 Latvia Tranexamic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Tranexamic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Tranexamic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Tranexamic Acid Market Trends |
6 Latvia Tranexamic Acid Market, By Types |
6.1 Latvia Tranexamic Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tranexamic Acid Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Tranexamic Acid Market Revenues & Volume, By 0.98, 2021- 2031F |
6.1.4 Latvia Tranexamic Acid Market Revenues & Volume, By 0.99, 2021- 2031F |
6.1.5 Latvia Tranexamic Acid Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Tranexamic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tranexamic Acid Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2.3 Latvia Tranexamic Acid Market Revenues & Volume, By Capsules, 2021- 2031F |
6.2.4 Latvia Tranexamic Acid Market Revenues & Volume, By Injection, 2021- 2031F |
6.2.5 Latvia Tranexamic Acid Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Tranexamic Acid Market Import-Export Trade Statistics |
7.1 Latvia Tranexamic Acid Market Export to Major Countries |
7.2 Latvia Tranexamic Acid Market Imports from Major Countries |
8 Latvia Tranexamic Acid Market Key Performance Indicators |
9 Latvia Tranexamic Acid Market - Opportunity Assessment |
9.1 Latvia Tranexamic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Tranexamic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Tranexamic Acid Market - Competitive Landscape |
10.1 Latvia Tranexamic Acid Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tranexamic Acid 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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