Key Market Indicators
Latvian gypsum imports are expected to reach around 70 million kilograms by 2026, up from 58 million kilograms in 2021. This growth is estimated to be an average of 2.8% year on year, since 1999 the demand has increased by 10.6% year on year. Latvian gypsum exports are projected to reach 110 million kilograms by 2026, up from 86 million kilograms in 2021. This growth is estimated to be an average of 3.8% year on year, since 1999 the supply has increased by 22.1% year on year. In 2021, Saudi Arabia overtook Latvia to become the number one exporter with 86 million kilograms. Thailand, Spain, and Iran respectively ranked numbers two, three, and four in this ranking.
