| Product Code: ETC4871445 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to heavily rely on imports of copper hydroxide, with top exporters being Poland, Lithuania, Turkey, Denmark, and Germany. The market displayed a high level of concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 2.63% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -10.4%. This suggests a potential shift or challenge in the market dynamics that stakeholders should closely monitor for future strategic planning.

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 Copper Hydroxide Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Copper Hydroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Copper Hydroxide Market - Industry Life Cycle |
3.4 Latvia Copper Hydroxide Market - Porter's Five Forces |
3.5 Latvia Copper Hydroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Copper Hydroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Copper Hydroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable agricultural practices |
4.2.2 Growing adoption of copper hydroxide as a key ingredient in fungicides and pesticides |
4.2.3 Government initiatives promoting the use of copper hydroxide in agriculture |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the maximum residue limits of copper in food products |
4.3.3 Competition from alternative fungicides and pesticides |
5 Latvia Copper Hydroxide Market Trends |
6 Latvia Copper Hydroxide Market Segmentations |
6.1 Latvia Copper Hydroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Copper Hydroxide Market Revenues & Volume, By 0.98, 2021-2031F |
6.1.3 Latvia Copper Hydroxide Market Revenues & Volume, By 0.95, 2021-2031F |
6.1.4 Latvia Copper Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Copper Hydroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Copper Hydroxide Market Revenues & Volume, By Fungicide and Bactericides, 2021-2031F |
6.2.3 Latvia Copper Hydroxide Market Revenues & Volume, By Medicines, 2021-2031F |
6.2.4 Latvia Copper Hydroxide Market Revenues & Volume, By Dye, 2021-2031F |
6.2.5 Latvia Copper Hydroxide Market Revenues & Volume, By Catalyst, 2021-2031F |
6.2.6 Latvia Copper Hydroxide Market Revenues & Volume, By Feed Additives, 2021-2031F |
6.2.7 Latvia Copper Hydroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Copper Hydroxide Market Import-Export Trade Statistics |
7.1 Latvia Copper Hydroxide Market Export to Major Countries |
7.2 Latvia Copper Hydroxide Market Imports from Major Countries |
8 Latvia Copper Hydroxide Market Key Performance Indicators |
8.1 Adoption rate of integrated pest management practices in agriculture |
8.2 Number of new product launches containing copper hydroxide |
8.3 Average application rate of copper hydroxide in agricultural practices |
8.4 Research and development investments in enhancing the efficiency of copper hydroxide applications |
9 Latvia Copper Hydroxide Market - Opportunity Assessment |
9.1 Latvia Copper Hydroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Copper Hydroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Copper Hydroxide Market - Competitive Landscape |
10.1 Latvia Copper Hydroxide Market Revenue Share, By Companies, 2024 |
10.2 Latvia Copper Hydroxide 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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