| Product Code: ETC11269813 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to see a steady increase in wetting agents imports, with top exporting countries being Estonia, Poland, Lithuania, Germany, and Finland. The market maintained low concentration levels, as indicated by the HHI, offering a competitive landscape for importers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate from 2020 to 2024 remained strong at 7.22%. This suggests a sustained demand for wetting agents in Latvia, with opportunities for market expansion and further diversification of import sources.

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 Wetting Agents Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wetting Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wetting Agents Market - Industry Life Cycle |
3.4 Latvia Wetting Agents Market - Porter's Five Forces |
3.5 Latvia Wetting Agents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wetting Agents Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Wetting Agents Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Wetting Agents Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 Latvia Wetting Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of wetting agents in agriculture |
4.2.2 Growing focus on sustainable farming practices |
4.2.3 Rising demand for high-quality crops and yield improvement |
4.3 Market Restraints |
4.3.1 Limited adoption due to high initial investment costs |
4.3.2 Lack of technical expertise and knowledge among farmers |
4.3.3 Regulatory challenges in the approval and registration of wetting agents |
5 Latvia Wetting Agents Market Trends |
6 Latvia Wetting Agents Market, By Types |
6.1 Latvia Wetting Agents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wetting Agents Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Wetting Agents Market Revenues & Volume, By Anionic, 2021 - 2031F |
6.1.4 Latvia Wetting Agents Market Revenues & Volume, By Cationic, 2021 - 2031F |
6.1.5 Latvia Wetting Agents Market Revenues & Volume, By Non-Ionic, 2021 - 2031F |
6.1.6 Latvia Wetting Agents Market Revenues & Volume, By Amphoteric, 2021 - 2031F |
6.1.7 Latvia Wetting Agents Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Wetting Agents Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wetting Agents Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.2.3 Latvia Wetting Agents Market Revenues & Volume, By Paints and Coatings, 2021 - 2031F |
6.2.4 Latvia Wetting Agents Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.2.5 Latvia Wetting Agents Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.2.6 Latvia Wetting Agents Market Revenues & Volume, By Detergents, 2021 - 2031F |
6.3 Latvia Wetting Agents Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wetting Agents Market Revenues & Volume, By Crop Protection, 2021 - 2031F |
6.3.3 Latvia Wetting Agents Market Revenues & Volume, By Industrial Coatings, 2021 - 2031F |
6.3.4 Latvia Wetting Agents Market Revenues & Volume, By Cosmetics, 2021 - 2031F |
6.3.5 Latvia Wetting Agents Market Revenues & Volume, By Drug Formulation, 2021 - 2031F |
6.3.6 Latvia Wetting Agents Market Revenues & Volume, By Textile Processing, 2021 - 2031F |
6.4 Latvia Wetting Agents Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wetting Agents Market Revenues & Volume, By Surface Tension Reduction, 2021 - 2031F |
6.4.3 Latvia Wetting Agents Market Revenues & Volume, By Adhesion Improvement, 2021 - 2031F |
6.4.4 Latvia Wetting Agents Market Revenues & Volume, By Emulsification, 2021 - 2031F |
6.4.5 Latvia Wetting Agents Market Revenues & Volume, By Dispersion, 2021 - 2031F |
6.4.6 Latvia Wetting Agents Market Revenues & Volume, By Penetration Enhancement, 2021 - 2031F |
7 Latvia Wetting Agents Market Import-Export Trade Statistics |
7.1 Latvia Wetting Agents Market Export to Major Countries |
7.2 Latvia Wetting Agents Market Imports from Major Countries |
8 Latvia Wetting Agents Market Key Performance Indicators |
8.1 Adoption rate of wetting agents in agriculture |
8.2 Percentage increase in crop yield with the use of wetting agents |
8.3 Number of research and development initiatives for innovative wetting agent products |
9 Latvia Wetting Agents Market - Opportunity Assessment |
9.1 Latvia Wetting Agents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wetting Agents Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Wetting Agents Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Wetting Agents Market Opportunity Assessment, By Function, 2021 & 2031F |
10 Latvia Wetting Agents Market - Competitive Landscape |
10.1 Latvia Wetting Agents Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wetting Agents 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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