| Product Code: ETC7924289 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of viscosity reducing agents saw a significant shift in concentration levels from moderate to low in 2024, indicating a more diversified market landscape. The top exporting countries to Latvia in 2024 were the Netherlands, Germany, Poland, Lithuania, and Estonia, highlighting strong trade relationships within the region. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 5.46%, showcasing steady expansion in the market over the years. This data suggests opportunities for market players to capitalize on the growing demand for viscosity reducing agents 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 Viscosity Reducing Agent Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Viscosity Reducing Agent Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Viscosity Reducing Agent Market - Industry Life Cycle |
3.4 Latvia Viscosity Reducing Agent Market - Porter's Five Forces |
3.5 Latvia Viscosity Reducing Agent Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Viscosity Reducing Agent Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Viscosity Reducing Agent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Viscosity Reducing Agent Market Trends |
6 Latvia Viscosity Reducing Agent Market, By Types |
6.1 Latvia Viscosity Reducing Agent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Polymers Type, 2021- 2031F |
6.1.4 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Surfactants Type, 2021- 2031F |
6.1.5 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Dispersants Type, 2021- 2031F |
6.1.6 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Additives Type, 2021- 2031F |
6.1.7 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Viscosity Reducing Agent Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.3 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Cement and Construction, 2021- 2031F |
6.2.4 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2.5 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Rubber, 2021- 2031F |
6.2.6 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Food, 2021- 2031F |
6.2.7 Latvia Viscosity Reducing Agent Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Viscosity Reducing Agent Market Import-Export Trade Statistics |
7.1 Latvia Viscosity Reducing Agent Market Export to Major Countries |
7.2 Latvia Viscosity Reducing Agent Market Imports from Major Countries |
8 Latvia Viscosity Reducing Agent Market Key Performance Indicators |
9 Latvia Viscosity Reducing Agent Market - Opportunity Assessment |
9.1 Latvia Viscosity Reducing Agent Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Viscosity Reducing Agent Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Viscosity Reducing Agent Market - Competitive Landscape |
10.1 Latvia Viscosity Reducing Agent Market Revenue Share, By Companies, 2024 |
10.2 Latvia Viscosity Reducing Agent 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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