In 2023, the Bentonite market size value per capita in Latvia was $1.81. Over the last two years, the market observed a 0.56% increase from $1.78 in 2021. Analyzing the five-year period from 2018 to 2023, the compound annual growth rate (CAGR) stood at approximately 0.44%. A declining trend was noted between 2019 and 2020, but subsequent recovery was evident, culminating in gradual growth through 2023.
Looking forward, key trends to monitor include technological advancements in Bentonite applications, shifts in supply chain dynamics, and environmental regulatory changes that could impact market demand and sustainability initiatives in the Bentonite industry.
| # | 18 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 New Zealand | 4.91 | 2023 | View data | ||
| 2 | 2 Denmark | 3.44 | 2023 | View data | ||
| 3 | 3 Germany | 3.32 | 2023 | View data | ||
| 4 | 4 Belgium | 2.69 | 2023 | View data | ||
| 5 | 5 Uruguay | 2.11 | 2023 | View data | ||
| 7 | 7 Italy | 1.86 | 2023 | View data | ||
| 8 | 8 France | 1.82 | 2023 | View data | ||
| 9 | 9 Latvia | 1.81 | 2023 | |||
| 10 | 10 Estonia | 1.81 | 2023 | View data | ||
| 11 | 11 Poland | 1.68 | 2023 | View data | ||
