| Product Code: ETC7913775 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s isobutylene import market in 2024 saw significant contributions from top exporting countries such as Russia, Poland, Belgium, Germany, and Lithuania. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market continued its impressive growth trajectory. With a remarkable compound annual growth rate (CAGR) of 25.3% from 2020 to 2024 and a notable growth rate of 11.69% from 2023 to 2024, the isobutylene import sector in Latvia demonstrates resilience and potential for further expansion in the coming years.

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 Isobutylene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Isobutylene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Isobutylene Market - Industry Life Cycle |
3.4 Latvia Isobutylene Market - Porter's Five Forces |
3.5 Latvia Isobutylene Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Isobutylene Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Latvia Isobutylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for isobutylene in the production of rubber products |
4.2.2 Growth of the automotive industry in Latvia leading to higher consumption of isobutylene-based products |
4.2.3 Rising investments in the chemical industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of isobutylene |
4.3.2 Stringent government regulations on emissions and waste management affecting the production processes |
4.3.3 Competition from alternative materials affecting the market share of isobutylene products |
5 Latvia Isobutylene Market Trends |
6 Latvia Isobutylene Market, By Types |
6.1 Latvia Isobutylene Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Isobutylene Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Isobutylene Market Revenues & Volume, By Methyl Tert-Butyl Ether, 2021- 2031F |
6.1.4 Latvia Isobutylene Market Revenues & Volume, By Ethyl Tert-Butyl Ether, 2021- 2031F |
6.2 Latvia Isobutylene Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Isobutylene Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.3 Latvia Isobutylene Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Latvia Isobutylene Market Revenues & Volume, By Antioxidants, 2021- 2031F |
6.2.5 Latvia Isobutylene Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Latvia Isobutylene Market Revenues & Volume, By Other End-Use, 2021- 2031F |
7 Latvia Isobutylene Market Import-Export Trade Statistics |
7.1 Latvia Isobutylene Market Export to Major Countries |
7.2 Latvia Isobutylene Market Imports from Major Countries |
8 Latvia Isobutylene Market Key Performance Indicators |
8.1 Capacity utilization rate of isobutylene manufacturing facilities in Latvia |
8.2 Research and development expenditure in the isobutylene sector |
8.3 Number of patents filed for innovative isobutylene-based products |
9 Latvia Isobutylene Market - Opportunity Assessment |
9.1 Latvia Isobutylene Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Isobutylene Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Latvia Isobutylene Market - Competitive Landscape |
10.1 Latvia Isobutylene Market Revenue Share, By Companies, 2024 |
10.2 Latvia Isobutylene 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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