| Product Code: ETC7921810 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The sodium gluconate import market in Latvia saw a shift in concentration levels in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating increased competition among top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past five years remained strong at 24.37%. Metropolitan France, Turkey, China, Lithuania, and Poland emerged as key players in supplying sodium gluconate to Latvia, showcasing a diverse range of sources contributing to the market`s stability and growth.

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 Sodium Gluconate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sodium Gluconate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sodium Gluconate Market - Industry Life Cycle |
3.4 Latvia Sodium Gluconate Market - Porter's Five Forces |
3.5 Latvia Sodium Gluconate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Sodium Gluconate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Sodium Gluconate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable construction materials |
4.2.2 Growth in the pharmaceutical industry leading to higher demand for sodium gluconate as a chelating agent |
4.2.3 Rising awareness about the benefits of sodium gluconate in food and beverage applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Strict regulations and standards regarding the use of sodium gluconate in various industries |
5 Latvia Sodium Gluconate Market Trends |
6 Latvia Sodium Gluconate Market, By Types |
6.1 Latvia Sodium Gluconate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sodium Gluconate Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Sodium Gluconate Market Revenues & Volume, By Industrial grade, 2021- 2031F |
6.1.4 Latvia Sodium Gluconate Market Revenues & Volume, By Food grade, 2021- 2031F |
6.1.5 Latvia Sodium Gluconate Market Revenues & Volume, By Pharma grade, 2021- 2031F |
6.1.6 Latvia Sodium Gluconate Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Sodium Gluconate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sodium Gluconate Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Latvia Sodium Gluconate Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.4 Latvia Sodium Gluconate Market Revenues & Volume, By Water quality stabilizers, 2021- 2031F |
6.2.5 Latvia Sodium Gluconate Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Sodium Gluconate Market Import-Export Trade Statistics |
7.1 Latvia Sodium Gluconate Market Export to Major Countries |
7.2 Latvia Sodium Gluconate Market Imports from Major Countries |
8 Latvia Sodium Gluconate Market Key Performance Indicators |
8.1 Number of new construction projects utilizing sodium gluconate as a concrete admixture |
8.2 Percentage increase in the use of sodium gluconate in pharmaceutical formulations |
8.3 Consumer awareness and perception surveys indicating the understanding of sodium gluconate benefits |
9 Latvia Sodium Gluconate Market - Opportunity Assessment |
9.1 Latvia Sodium Gluconate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Sodium Gluconate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Sodium Gluconate Market - Competitive Landscape |
10.1 Latvia Sodium Gluconate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sodium Gluconate 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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