| Product Code: ETC4859475 | 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 neighboring countries such as Lithuania, Poland, and Germany for phosphorus and derivatives imports. Despite a high concentration of imports from these key suppliers, the market experienced a significant decline with a negative compound annual growth rate of -4.25% from 2020 to 2024. The year-on-year growth rate plummeted by -34.14% in 2024, reflecting a challenging market environment. It will be crucial for Latvia to diversify its import sources and explore strategies to stimulate growth in the phosphorus and derivatives sector.
| 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 Phosphorus and Derivatives Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Phosphorus and Derivatives Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Phosphorus and Derivatives Market - Industry Life Cycle | 
| 3.4 Latvia Phosphorus and Derivatives Market - Porter's Five Forces | 
| 3.5 Latvia Phosphorus and Derivatives Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.6 Latvia Phosphorus and Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Phosphorus and Derivatives Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for fertilizers in agriculture sector | 
| 4.2.2 Technological advancements in phosphorus extraction and processing | 
| 4.2.3 Growing awareness about sustainable farming practices | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials | 
| 4.3.2 Environmental regulations impacting production processes | 
| 4.3.3 Competition from alternative sources of nutrients | 
| 5 Latvia Phosphorus and Derivatives Market Trends | 
| 6 Latvia Phosphorus and Derivatives Market Segmentations | 
| 6.1 Latvia Phosphorus and Derivatives Market, By Product Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Ammonium Phosphates, 2021-2031F | 
| 6.1.3 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Industrial Phosphates, 2021-2031F | 
| 6.1.4 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Purified Phosphoric Acid, 2021-2031F | 
| 6.1.5 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Phosphorus Chloride, 2021-2031F | 
| 6.1.6 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Phosphorus Pentoxide, 2021-2031F | 
| 6.1.7 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Phosphorus Pentasulfide, 2021-2031F | 
| 6.2 Latvia Phosphorus and Derivatives Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Fertilizers, 2021-2031F | 
| 6.2.3 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Detergents, 2021-2031F | 
| 6.2.4 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Food Industry, 2021-2031F | 
| 6.2.5 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F | 
| 6.2.6 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Metal Finishing, 2021-2031F | 
| 6.2.7 Latvia Phosphorus and Derivatives Market Revenues & Volume, By Flame Retardant Material, 2021-2031F | 
| 7 Latvia Phosphorus and Derivatives Market Import-Export Trade Statistics | 
| 7.1 Latvia Phosphorus and Derivatives Market Export to Major Countries | 
| 7.2 Latvia Phosphorus and Derivatives Market Imports from Major Countries | 
| 8 Latvia Phosphorus and Derivatives Market Key Performance Indicators | 
| 8.1 Average selling price of phosphorus and derivatives products | 
| 8.2 Adoption rate of phosphorus-based fertilizers in Latvian agriculture | 
| 8.3 Research and development investment in phosphorus extraction technologies | 
| 9 Latvia Phosphorus and Derivatives Market - Opportunity Assessment | 
| 9.1 Latvia Phosphorus and Derivatives Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.2 Latvia Phosphorus and Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Phosphorus and Derivatives Market - Competitive Landscape | 
| 10.1 Latvia Phosphorus and Derivatives Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Phosphorus and Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |