| Product Code: ETC4857480 | 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 | |
In 2024, Latvia continued to heavily rely on imports of caustic soda, with top exporting countries being Russia, Lithuania, Estonia, Poland, and Hungary. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite a remarkable compound annual growth rate (CAGR) of 33.97% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -29.93%. This fluctuation suggests potential market challenges or shifts in demand that importers and stakeholders should monitor closely for strategic decision-making.
The Caustic Soda market in Latvia is projected to grow at a stable growth rate of 0.47% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Caustic Soda Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Caustic Soda Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Caustic Soda Market - Industry Life Cycle |
3.4 Latvia Caustic Soda Market - Porter's Five Forces |
3.5 Latvia Caustic Soda Market Revenues & Volume Share, By Production Process, 2021 & 2031F |
3.6 Latvia Caustic Soda Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Caustic Soda Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as pulp and paper, textiles, and chemicals |
4.2.2 Increasing use of caustic soda in wastewater treatment processes |
4.2.3 Rise in construction activities leading to higher demand for caustic soda in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Environmental regulations and sustainability concerns affecting production processes |
4.3.3 Competition from alternative chemicals affecting market share |
5 Latvia Caustic Soda Market Trends |
6 Latvia Caustic Soda Market Segmentations |
6.1 Latvia Caustic Soda Market, By Production Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Caustic Soda Market Revenues & Volume, By Membrane Cell, 2021-2031F |
6.1.3 Latvia Caustic Soda Market Revenues & Volume, By Diaphragm Cell, 2021-2031F |
6.1.4 Latvia Caustic Soda Market Revenues & Volume, By Other Production Processes, 2021-2031F |
6.2 Latvia Caustic Soda Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Caustic Soda Market Revenues & Volume, By Pulp and Paper, 2021-2031F |
6.2.3 Latvia Caustic Soda Market Revenues & Volume, By Organic Chemical, 2021-2031F |
6.2.4 Latvia Caustic Soda Market Revenues & Volume, By Inorganic Chemical, 2021-2031F |
6.2.5 Latvia Caustic Soda Market Revenues & Volume, By Soap and Detergent, 2021-2031F |
6.2.6 Latvia Caustic Soda Market Revenues & Volume, By Alumina, 2021-2031F |
6.2.7 Latvia Caustic Soda Market Revenues & Volume, By Water Treatment, 2021-2031F |
7 Latvia Caustic Soda Market Import-Export Trade Statistics |
7.1 Latvia Caustic Soda Market Export to Major Countries |
7.2 Latvia Caustic Soda Market Imports from Major Countries |
8 Latvia Caustic Soda Market Key Performance Indicators |
8.1 Energy efficiency of caustic soda production processes |
8.2 Adoption rate of caustic soda in new industries or applications |
8.3 Investment in research and development for innovative caustic soda products |
8.4 Compliance with environmental regulations and sustainability standards |
8.5 Customer satisfaction and loyalty towards caustic soda suppliers |
9 Latvia Caustic Soda Market - Opportunity Assessment |
9.1 Latvia Caustic Soda Market Opportunity Assessment, By Production Process, 2021 & 2031F |
9.2 Latvia Caustic Soda Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Caustic Soda Market - Competitive Landscape |
10.1 Latvia Caustic Soda Market Revenue Share, By Companies, 2024 |
10.2 Latvia Caustic Soda Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |