Latvia Vetiver Oil Market (2025-2031) | Analysis, Outlook, Size, Forecast, Share, Growth, Trends, Segmentation, Revenue, Industry, Value & Companies
Market Forecast By Application (Medical, Food & Beverage, Spa & Relaxation) And Competitive Landscape
| Product Code: ETC4993805 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia Vetiver Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s import of vetiver oil in 2024 saw a significant increase in shipments from top exporters like Poland, Lithuania, Belarus, UK, and Romania. Despite the high concentration of supply, the market experienced a negative compound annual growth rate of -19.97% from 2020 to 2024. However, there was a remarkable growth rate of 89.56% in 2024 compared to the previous year, indicating a potential rebound in demand for vetiver oil in Latvia. This data suggests a dynamic market landscape with opportunities for both suppliers and buyers to capitalize on the changing trends.
Key Highlights of the Report:
- Latvia Vetiver Oil Market Outlook
- Market Size of Latvia Vetiver Oil Market, 2024
- Forecast of Latvia Vetiver Oil Market, 2031
- Historical Data and Forecast of Latvia Vetiver Oil Revenues & Volume for the Period 2021-2031
- Latvia Vetiver Oil Market Trend Evolution
- Latvia Vetiver Oil Market Drivers and Challenges
- Latvia Vetiver Oil Price Trends
- Latvia Vetiver Oil Porter`s Five Forces
- Latvia Vetiver Oil Industry Life Cycle
- Historical Data and Forecast of Latvia Vetiver Oil Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Vetiver Oil Market Revenues & Volume By Medical for the Period 2021-2031
- Historical Data and Forecast of Latvia Vetiver Oil Market Revenues & Volume By Food & Beverage for the Period 2021-2031
- Historical Data and Forecast of Latvia Vetiver Oil Market Revenues & Volume By Spa & Relaxation for the Period 2021-2031
- Latvia Vetiver Oil Import Export Trade Statistics
- Market Opportunity Assessment By Application
- Latvia Vetiver Oil Top Companies Market Share
- Latvia Vetiver Oil Competitive Benchmarking By Technical and Operational Parameters
- Latvia Vetiver Oil Company Profiles
- Latvia Vetiver Oil Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Vetiver Oil Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Vetiver Oil Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Vetiver Oil Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vetiver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vetiver Oil Market - Industry Life Cycle |
3.4 Latvia Vetiver Oil Market - Porter's Five Forces |
3.5 Latvia Vetiver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vetiver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the benefits of vetiver oil for skincare and aromatherapy |
4.2.2 Increasing demand for natural and organic products in the cosmetics and personal care industry |
4.2.3 Rise in disposable income leading to higher spending on premium essential oils |
4.3 Market Restraints |
4.3.1 Limited availability of vetiver plants in Latvia leading to supply chain challenges |
4.3.2 Fluctuations in raw material prices impacting the production cost of vetiver oil |
4.3.3 Stringent regulations and certifications required for the production and sale of essential oils |
5 Latvia Vetiver Oil Market Trends |
6 Latvia Vetiver Oil Market Segmentations |
6.1 Latvia Vetiver Oil Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vetiver Oil Market Revenues & Volume, By Medical, 2021-2031F |
6.1.3 Latvia Vetiver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.1.4 Latvia Vetiver Oil Market Revenues & Volume, By Spa & Relaxation, 2021-2031F |
7 Latvia Vetiver Oil Market Import-Export Trade Statistics |
7.1 Latvia Vetiver Oil Market Export to Major Countries |
7.2 Latvia Vetiver Oil Market Imports from Major Countries |
8 Latvia Vetiver Oil Market Key Performance Indicators |
8.1 Average selling price of vetiver oil in the Latvia market |
8.2 Number of new product launches containing vetiver oil |
8.3 Consumer satisfaction and repeat purchase rate for vetiver oil products. |
9 Latvia Vetiver Oil Market - Opportunity Assessment |
9.1 Latvia Vetiver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vetiver Oil Market - Competitive Landscape |
10.1 Latvia Vetiver Oil Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vetiver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Related Reports
- ASEAN and Thailand Brain Health Supplements Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- ASEAN Bearings Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Europe Flooring Market (2025-2031) | Outlook, Share, Industry, Trends, Forecast, Companies, Revenue, Size, Analysis, Growth & Value
- Saudi Arabia Manlift Market (2025-2031) | Outlook, Size, Growth, Trends, Companies, Industry, Revenue, Value, Share, Forecast & Analysis
- Uganda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Rwanda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Kenya Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Angola Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Israel Intelligent Transport System Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Uganda Precast and Aggregate Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
Industry Events and Analyst Meet
Smart Home Expo 2026
Industrial Facilities Management Expo 2025
4th Edition India Energy Conclave 2025
Media Expo 2025
Gas India Expo 2025
Our Clients
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- Demand for luxury TVs surging in the GCC, says Samsung
- Video call with a traditional healer? Once unthinkable, it’s now common in South Africa
- Intelligent Buildings To Smooth GCC’s Path To Net Zero
