Key Market Indicators
Cleaning Compound Consumption is projected to hit €64 million by 2026, up from €60 million in 2020. This increase is an average of 0.9% year on year. Demand, however, decreased by 0% year on year. Spain, the UK and France came in at numbers 2, 3 and 4, respectively. Cleaning Compound Sales is expected to drop to $2.35 million by 2026, down from $2.58 million in 2020. This decline is an average rate of 1.8% year on year. The market saw a 1.8% decline year on year as well. Italy, Germany and Argentina came in at numbers 2, 3 and 4, respectively. Latvian Cleaning Compound Production reached €6 million in 2019, up from €5.8 million in 2018, a 3.5% increase from the previous year. The country placed 27th in 2019, overtaken by Iceland with €6 million. Spain, Italy and the UK came in at numbers 2, 3 and 4, respectively.
