| Product Code: ETC7913791 | 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 |
The isopropyl alcohol import shipments to Latvia in 2024 show a shift in concentration from high to moderate, reflecting a more diversified import market. Top exporting countries like Lithuania, Belgium, Netherlands, Germany, and the UK continue to play a significant role in supplying isopropyl alcohol to Latvia. Despite a negative CAGR from 2020 to 2024, there was a notable growth rate of 11.55% from 2023 to 2024, indicating a potential rebound in demand for isopropyl alcohol in Latvia. The changing dynamics of import sources and growth rates suggest evolving market trends in the industry.

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 Isopropyl Alcohol Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Isopropyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Isopropyl Alcohol Market - Industry Life Cycle |
3.4 Latvia Isopropyl Alcohol Market - Porter's Five Forces |
3.5 Latvia Isopropyl Alcohol Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.6 Latvia Isopropyl Alcohol Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Latvia Isopropyl Alcohol Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Latvia Isopropyl Alcohol Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Latvia Isopropyl Alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Isopropyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased demand for disinfectants and sanitizers due to health concerns |
4.2.2 Growing use of isopropyl alcohol in pharmaceuticals and cosmetics industry |
4.2.3 Rising awareness about the importance of hygiene and cleanliness |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and compliance requirements in the manufacturing of isopropyl alcohol |
4.3.3 Competition from alternative disinfectants and sanitizers |
5 Latvia Isopropyl Alcohol Market Trends |
6 Latvia Isopropyl Alcohol Market, By Types |
6.1 Latvia Isopropyl Alcohol Market, By Production Method |
6.1.1 Overview and Analysis |
6.1.2 Latvia Isopropyl Alcohol Market Revenues & Volume, By Production Method, 2021- 2031F |
6.1.3 Latvia Isopropyl Alcohol Market Revenues & Volume, By Indirect Hydration, 2021- 2031F |
6.1.4 Latvia Isopropyl Alcohol Market Revenues & Volume, By Direct Hydration, 2021- 2031F |
6.2 Latvia Isopropyl Alcohol Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Isopropyl Alcohol Market Revenues & Volume, By Acetone, 2021- 2031F |
6.2.3 Latvia Isopropyl Alcohol Market Revenues & Volume, By Propylene, 2021- 2031F |
6.2.4 Latvia Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Isopropyl Alcohol Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Latvia Isopropyl Alcohol Market Revenues & Volume, By Industrial Grade Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.3 Latvia Isopropyl Alcohol Market Revenues & Volume, By USP Grade Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.4 Latvia Isopropyl Alcohol Market Revenues & Volume, By USP Kosher Isopropyl Alcohol (IPA), 2021- 2031F |
6.3.5 Latvia Isopropyl Alcohol Market Revenues & Volume, By Pharmaceutical Isopropyl Alcohol (IPA), 2021- 2031F |
6.4 Latvia Isopropyl Alcohol Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 99.8%, 2021- 2031F |
6.4.3 Latvia Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 99% USP, 2021- 2031F |
6.4.4 Latvia Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 70%, 2021- 2031F |
6.4.5 Latvia Isopropyl Alcohol Market Revenues & Volume, By Isopropanol 70% USP, 2021- 2031F |
6.4.6 Latvia Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Latvia Isopropyl Alcohol Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Latvia Isopropyl Alcohol Market Revenues & Volume, By Chemical Manufacturing, 2021- 2031F |
6.5.3 Latvia Isopropyl Alcohol Market Revenues & Volume, By Household and Industrial Cleaning, 2021- 2031F |
6.5.4 Latvia Isopropyl Alcohol Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.5.5 Latvia Isopropyl Alcohol Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.5.6 Latvia Isopropyl Alcohol Market Revenues & Volume, By Transportation, 2021- 2031F |
6.5.7 Latvia Isopropyl Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Isopropyl Alcohol Market Import-Export Trade Statistics |
7.1 Latvia Isopropyl Alcohol Market Export to Major Countries |
7.2 Latvia Isopropyl Alcohol Market Imports from Major Countries |
8 Latvia Isopropyl Alcohol Market Key Performance Indicators |
8.1 Average selling price of isopropyl alcohol in the market |
8.2 Number of new product launches containing isopropyl alcohol |
8.3 Percentage of market share held by isopropyl alcohol products compared to alternatives |
9 Latvia Isopropyl Alcohol Market - Opportunity Assessment |
9.1 Latvia Isopropyl Alcohol Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.2 Latvia Isopropyl Alcohol Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Latvia Isopropyl Alcohol Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Latvia Isopropyl Alcohol Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Latvia Isopropyl Alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Isopropyl Alcohol Market - Competitive Landscape |
10.1 Latvia Isopropyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Latvia Isopropyl Alcohol 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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