Latvia Phosphorus & Derivatives Market to 2032

Overview

The Latvia Phosphorus & Derivatives Market is expected to reach a 25.90 USD Million by 2032 and is projected to grow at a CAGR of 2.07% from 2025 to 2032.

Revenue, 2024 (USD Million)

22.79

Forecast, 2032 (USD Million)

25.90

CAGR, 2024 - 2032

2.07%

Report Coverage

Latvia

Latvia Phosphorus & Derivatives Market 2018-2032 USD Million

Latvia Phosphorus & Derivatives Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 22.79 USD Million
Projected Market Size (2032): 25.90 USD Million
CAGR (2025-2032): 2.07%

Key Findings of Latvia Phosphorus & Derivatives Market

The Latvia Phosphorus & Derivatives Market was valued at 22.79 USD Million in 2024.
The Latvia Phosphorus & Derivatives Market is likely to grow at a CAGR of 2.07% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Fertilizers in Application Segment accounted for the largest share of the market with a revenue of 19.91 USD Million
The fastest growing segment Phosphoric Acid in Product Segment grew Fastest with a CAGR of 2.48% during the forecast period from 2024 to 2032.

Latvia Phosphorus & Derivatives Market Scope

Latvia Phosphorus & Derivatives Market Segmentation & Scope

Product

Others
Adenosine Triphosphate
Trichlorophosphate
Phosphorus Tribromide
Triethyl Phosphate
Tricalcium Phosphate
Hypophosphorus Acid
Industrial Phosphate
Phosphorus Sulfide
Phosphorus Chloride
Phosphorus Pentoxide
Ammonium Phosphate
Phosphoric Acid

Form

Dry
Liquid

Application

Others
Flame Retardant Material
Quantum Dots
Water Treatment Chemicals
Metal Finishing
Detergents
Food and Drink Additives
Fertilizers

End User

Others
Home Care
Automotive
Chemical Processing
Pharmaceuticals/HealthCare
Food & Beverage
Agriculture

Allotropes

White Phosphorous
Red Phosphorous

Latvia Phosphorus & Derivatives Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	22.79 USD Million
Market Value in 2032	25.90 USD Million
CAGR (2025-2032)	2.07%
Historic Data	2016-2023
Market Segments Covered	Product,Form,Application,End User,Allotropes

Regional Insights:

Leading Market (2024-2032): Latvia, leading in terms of revenue 22.79 USD Million in 2024
- Key Country: Latvia, leading in terms of revenue with value of 22.79 USD Million in 2024.

Segments and Scope

Latvia Phosphorus & Derivatives Market to 2032, By Product
- Phosphoric Acid is the largest segment in Latvia Phosphorus & Derivatives Market to 2032 with a revenue of 6.91 USD Million in the year 2024.
- Phosphoric Acid is the Fastest growing segment in Latvia Phosphorus & Derivatives Market to 2032 with a Growth rate of 2.48 % in forecast period 2025-2032.
Latvia Phosphorus & Derivatives Market to 2032, By Form
- Liquid is the largest segment in Latvia Phosphorus & Derivatives Market to 2032 with a revenue of 15.59 USD Million in the year 2024.
- Liquid is the Fastest growing segment in Latvia Phosphorus & Derivatives Market to 2032 with a Growth rate of 2.20 % in forecast period 2025-2032.
Latvia Phosphorus & Derivatives Market to 2032, By Application
- Fertilizers is the largest segment in Latvia Phosphorus & Derivatives Market to 2032 with a revenue of 19.91 USD Million in the year 2024.
- Fertilizers is the Fastest growing segment in Latvia Phosphorus & Derivatives Market to 2032 with a Growth rate of 2.16 % in forecast period 2025-2032.
Latvia Phosphorus & Derivatives Market to 2032, By End User
- Agriculture is the largest segment in Latvia Phosphorus & Derivatives Market to 2032 with a revenue of 19.59 USD Million in the year 2024.
- Agriculture is the Fastest growing segment in Latvia Phosphorus & Derivatives Market to 2032 with a Growth rate of 2.17 % in forecast period 2025-2032.
Latvia Phosphorus & Derivatives Market to 2032, By Allotropes
- Red Phosphorous is the largest segment in Latvia Phosphorus & Derivatives Market to 2032 with a revenue of 15.42 USD Million in the year 2024.
- Red Phosphorous is the Fastest growing segment in Latvia Phosphorus & Derivatives Market to 2032 with a Growth rate of 2.21 % in forecast period 2025-2032.

Latvia Phosphorus & Derivatives Market Company Share Analysis

Company Name
Eurochem Group
Solvay
OCP
PhosAgro Group of Companies
Ma’aden

Latvia Phosphorus & Derivatives Market Geographical Sales Distribution, 2018-2032 USD Million

Latvia Phosphorus & Derivatives Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Latvia Phosphorus & Derivatives Market?

The Latvia Phosphorus & Derivatives Market is segmented based on Segmentation Product,Form,Application,End User,Allotropes.

What is the current market size of the Latvia Phosphorus & Derivatives Market?

Latvia Phosphorus & Derivatives Market was valued at USD 22.79(Revenue in USD Million) in 2021.

What is the expected growth rate of the Latvia Phosphorus & Derivatives Market?

Latvia Phosphorus & Derivatives Market is projected to grow at a CAGR of 2.07% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Latvia Phosphorus & Derivatives Market?

The Fertilizers segment is expected to dominate the Latvia Phosphorus & Derivatives Market, holding a largest market share of 19.91 USD Million in 2024