Latvia Acetic Acid Market (2025-2031) | Value, Revenue, Size, Forecast, Industry, Trends, Companies, Analysis, Outlook, Segmentation, Growth & Share

Name: Latvia Acetic Acid Market (2025-2031) | Companies & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Acetic Acid Market, Latvia Acetic Acid Market, Latvia Acetic Acid Market Revenues, Latvia Acetic Acid Market Share, Latvia Acetic Acid Market Size, Latvia Acetic Acid Market Outlook, Latvia Acetic Acid Market Report, Latvia Acetic Acid Market Competition, Latvia Acetic Acid Market Overview, Latvia Acetic Acid Market Trends, Latvia Acetic Acid Market Forecast

Market Forecast By Application (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, Others) And Competitive Landscape

Product Code: ETC5347319	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Acetic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite a slight decline in growth rate from 2023 to 2024, Latvia`s acetic acid import market maintained a steady CAGR of 6.84% over the period. The top exporting countries to Latvia in 2024 include China, Turkey, Lithuania, Belgium, and Slovakia, indicating a diverse import source base. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests continued market dominance by key suppliers. This data highlights the importance of monitoring market dynamics and supplier relationships to ensure stability and competitiveness within Latvia`s acetic acid import sector.

Latvia Acetic Acid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Acetic Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

The Acetic Acid market in Latvia is projected to grow at a stable growth rate of 0.61% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

Acetic Acid Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Acetic Acid Market Outlook
Market Size of Latvia Acetic Acid Market, 2024
Forecast of Latvia Acetic Acid Market, 2031
Historical Data and Forecast of Latvia Acetic Acid Revenues & Volume for the Period 2021-2031
Latvia Acetic Acid Market Trend Evolution
Latvia Acetic Acid Market Drivers and Challenges
Latvia Acetic Acid Price Trends
Latvia Acetic Acid Porter`s Five Forces
Latvia Acetic Acid Industry Life Cycle
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Vinyl Acetate Monomer for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Acetic Anhydride for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Acetate Esters for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Purified Terephthalic Acid for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Ethanol for the Period 2021-2031
Historical Data and Forecast of Latvia Acetic Acid Market Revenues & Volume By Others for the Period 2021-2031
Latvia Acetic Acid Import Export Trade Statistics
Market Opportunity Assessment By Application
Latvia Acetic Acid Top Companies Market Share
Latvia Acetic Acid Competitive Benchmarking By Technical and Operational Parameters
Latvia Acetic Acid Company Profiles
Latvia Acetic Acid Key Strategic Recommendations

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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 Acetic Acid Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Acetic Acid Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Acetic Acid Market - Industry Life Cycle

3.4 Latvia Acetic Acid Market - Porter's Five Forces

3.5 Latvia Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Acetic Acid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for acetic acid in various industries such as food and beverage, textiles, and pharmaceuticals.

4.2.2 Growing adoption of acetic acid in the production of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA).

4.2.3 Favorable government regulations promoting the use of bio-based acetic acid.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials like methanol and ethylene, impacting the production cost of acetic acid.

4.3.2 Environmental concerns related to the production and disposal of acetic acid.

4.3.3 Intense competition from other organic acids like citric acid and formic acid.

5 Latvia Acetic Acid Market Trends

6 Latvia Acetic Acid Market Segmentations

6.1 Latvia Acetic Acid Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Acetic Acid Market Revenues & Volume, By Vinyl Acetate Monomer, 2021-2031F

6.1.3 Latvia Acetic Acid Market Revenues & Volume, By Acetic Anhydride, 2021-2031F

6.1.4 Latvia Acetic Acid Market Revenues & Volume, By Acetate Esters, 2021-2031F

6.1.5 Latvia Acetic Acid Market Revenues & Volume, By Purified Terephthalic Acid, 2021-2031F

6.1.6 Latvia Acetic Acid Market Revenues & Volume, By Ethanol, 2021-2031F

6.1.7 Latvia Acetic Acid Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Acetic Acid Market Import-Export Trade Statistics

7.1 Latvia Acetic Acid Market Export to Major Countries

7.2 Latvia Acetic Acid Market Imports from Major Countries

8 Latvia Acetic Acid Market Key Performance Indicators

8.1 Capacity utilization rate of acetic acid production facilities in Latvia.

8.2 Number of new product developments or innovations in the acetic acid market.

8.3 Adoption rate of bio-based acetic acid in various industries in Latvia.

9 Latvia Acetic Acid Market - Opportunity Assessment

9.1 Latvia Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Acetic Acid Market - Competitive Landscape

10.1 Latvia Acetic Acid Market Revenue Share, By Companies, 2024

10.2 Latvia Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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