Latvia Magnesium Sulphate Market (2025-2031) | Outlook, Growth, Forecast, Industry, Companies, Trends, Size, Value, Analysis, Segmentation, Revenue & Share
Market Forecast By Product (Heptahydrate, Anhydrous, Monohydrate), By Application (Agriculture, Food & Feed additives, Pharmaceuticals & Personal Care, Chemicals, Pulp & Paper, Others) And Competitive Landscape
| Product Code: ETC4861736 | 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 | |
Latvia Magnesium Sulphate Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s magnesium sulphate import market in 2024 showed a high concentration of supply from top exporters including Germany, Denmark, Finland, Lithuania, and the Netherlands. Despite a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -14.12%, the market experienced a sharp drop in growth rate from 2023 to 2024 at -48.42%. This indicates a challenging environment for the magnesium sulphate import industry in Latvia, with potential implications for future market dynamics and strategies.
Magnesium Sulphate Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
By 2027, Latvia's Magnesium Sulphate market is forecasted to achieve a stable growth rate of 4.82%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Magnesium Sulphate Market Outlook
- Market Size of Latvia Magnesium Sulphate Market, 2024
- Forecast of Latvia Magnesium Sulphate Market, 2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Revenues & Volume for the Period 2021-2031
- Latvia Magnesium Sulphate Market Trend Evolution
- Latvia Magnesium Sulphate Market Drivers and Challenges
- Latvia Magnesium Sulphate Price Trends
- Latvia Magnesium Sulphate Porter`s Five Forces
- Latvia Magnesium Sulphate Industry Life Cycle
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Heptahydrate for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Anhydrous for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Monohydrate for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Agriculture for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Food & Feed additives for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Pharmaceuticals & Personal Care for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Chemicals for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Pulp & Paper for the Period 2021-2031
- Historical Data and Forecast of Latvia Magnesium Sulphate Market Revenues & Volume By Others for the Period 2021-2031
- Latvia Magnesium Sulphate Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- Latvia Magnesium Sulphate Top Companies Market Share
- Latvia Magnesium Sulphate Competitive Benchmarking By Technical and Operational Parameters
- Latvia Magnesium Sulphate Company Profiles
- Latvia Magnesium Sulphate Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Magnesium Sulphate Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Magnesium Sulphate Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Magnesium Sulphate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Magnesium Sulphate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Magnesium Sulphate Market - Industry Life Cycle |
3.4 Latvia Magnesium Sulphate Market - Porter's Five Forces |
3.5 Latvia Magnesium Sulphate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Magnesium Sulphate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Magnesium Sulphate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnesium sulphate in agriculture for soil amendment and crop nutrition |
4.2.2 Growing applications in healthcare industry for treating conditions like pre-eclampsia and eclampsia |
4.2.3 Rise in use of magnesium sulphate in industrial applications such as in the production of fertilizers and cosmetics |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of magnesium sulphate |
4.3.2 Stringent regulations related to the use and disposal of magnesium sulphate |
4.3.3 Competition from alternative products or substitutes in various industries |
5 Latvia Magnesium Sulphate Market Trends |
6 Latvia Magnesium Sulphate Market Segmentations |
6.1 Latvia Magnesium Sulphate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Magnesium Sulphate Market Revenues & Volume, By Heptahydrate, 2021-2031F |
6.1.3 Latvia Magnesium Sulphate Market Revenues & Volume, By Anhydrous, 2021-2031F |
6.1.4 Latvia Magnesium Sulphate Market Revenues & Volume, By Monohydrate, 2021-2031F |
6.2 Latvia Magnesium Sulphate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Magnesium Sulphate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Latvia Magnesium Sulphate Market Revenues & Volume, By Food & Feed additives, 2021-2031F |
6.2.4 Latvia Magnesium Sulphate Market Revenues & Volume, By Pharmaceuticals & Personal Care, 2021-2031F |
6.2.5 Latvia Magnesium Sulphate Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.6 Latvia Magnesium Sulphate Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.7 Latvia Magnesium Sulphate Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Magnesium Sulphate Market Import-Export Trade Statistics |
7.1 Latvia Magnesium Sulphate Market Export to Major Countries |
7.2 Latvia Magnesium Sulphate Market Imports from Major Countries |
8 Latvia Magnesium Sulphate Market Key Performance Indicators |
8.1 Number of new product developments or innovations in the magnesium sulphate market |
8.2 Growth in the number of partnerships or collaborations within the industry |
8.3 Percentage increase in the adoption of magnesium sulphate in new applications or industries |
9 Latvia Magnesium Sulphate Market - Opportunity Assessment |
9.1 Latvia Magnesium Sulphate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Magnesium Sulphate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Magnesium Sulphate Market - Competitive Landscape |
10.1 Latvia Magnesium Sulphate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Magnesium Sulphate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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