The Mixed Odoriferous Substances for Industrial Use market in Latvia showed a growth trend from 2013 to 2023, reaching a value of $17.65 per capita in 2023. From 2022 to 2023, there was a year-on-year increase of approximately 4.50%. Despite minor fluctuations in some years, the overall compound annual growth rate (CAGR) over the last five years was 5.85%, indicating a steadily increasing demand or usage of these substances in industrial applications.
Looking forward to future trends, increasing industrial activities and innovation in fragrance and flavor technology may drive further market growth. Environmental regulations and sustainability trends will likely shape the evolution of product offerings and industrial applications in Latvia.
| # | 44 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 84.24 | 2023 | View data | ||
| 2 | 2 Spain | 75.43 | 2023 | View data | ||
| 3 | 3 Germany | 60.69 | 2023 | View data | ||
| 4 | 4 United Kingdom | 60.64 | 2023 | View data | ||
| 5 | 5 Canada | 58.31 | 2023 | View data | ||
| 25 | 25 Japan | 19.34 | 2023 | View data | ||
| 26 | 26 Saudi Arabia | 18.54 | 2023 | View data | ||
| 27 | 27 Latvia | 17.65 | 2023 | |||
| 28 | 28 Paraguay | 16.31 | 2023 | View data | ||
| 29 | 29 Namibia | 15.6 | 2023 | View data | ||
