| Product Code: ETC7906609 | 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 |
In 2024, Latvia experienced a significant increase in butyl acetate import shipments with China, Estonia, Belgium, Netherlands, and Finland emerging as the top exporting countries. The market concentration, as measured by the HHI, reached very high levels, indicating a highly competitive landscape. With a steady CAGR of 1.85% from 2020 to 2024 and an impressive growth rate of 176.33% in 2024, the butyl acetate import market in Latvia is showing promising signs of expansion and attracting strong interest from key international players.

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 Butyl Acetate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Butyl Acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Butyl Acetate Market - Industry Life Cycle |
3.4 Latvia Butyl Acetate Market - Porter's Five Forces |
3.5 Latvia Butyl Acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Butyl Acetate Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Latvia Butyl Acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Butyl Acetate Market Trends |
6 Latvia Butyl Acetate Market, By Types |
6.1 Latvia Butyl Acetate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Butyl Acetate Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Butyl Acetate Market Revenues & Volume, By Paints & Coatings, 2021- 2031F |
6.1.4 Latvia Butyl Acetate Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.5 Latvia Butyl Acetate Market Revenues & Volume, By Perfumery & flavours, 2021- 2031F |
6.1.6 Latvia Butyl Acetate Market Revenues & Volume, By Plasticizers, 2021- 2031F |
6.1.7 Latvia Butyl Acetate Market Revenues & Volume, By Electricals, 2021- 2031F |
6.2 Latvia Butyl Acetate Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Butyl Acetate Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Butyl Acetate Market Revenues & Volume, By Homebuilding, 2021- 2031F |
7 Latvia Butyl Acetate Market Import-Export Trade Statistics |
7.1 Latvia Butyl Acetate Market Export to Major Countries |
7.2 Latvia Butyl Acetate Market Imports from Major Countries |
8 Latvia Butyl Acetate Market Key Performance Indicators |
9 Latvia Butyl Acetate Market - Opportunity Assessment |
9.1 Latvia Butyl Acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Butyl Acetate Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Latvia Butyl Acetate Market - Competitive Landscape |
10.1 Latvia Butyl Acetate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Butyl Acetate 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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