Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#33 In EuropeBusiness
#26 In EuropeEmployees
#32 In EuropeWages
#34 In EuropeThe Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia ranks 33rd in Europe with regards to its 2024 revenue (€66.1m). Revenue received by operators in Latvia has been low in volatility over the past five-year period, with the average annual change in revenue (8.8 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia in 2024?
The market size of the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia is €66.1m in 2024.
How many businesses are there in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia industry in 2024?
There are 68 businesses in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia, which has declined at a CAGR of 1.4 % between 2019 and 2024.
Has the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia grown or declined over the past 5 years?
The market size of the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia has been declining at a CAGR of 8.8 % between 2019 and 2024.
What is the forecast growth of the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia over the next 5 years?
Over the next five years, the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia is expected to grow.
What does the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia include?
Basic chemicals and Fertilisers and nitrogen compounds are part of the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry.
How competitive is the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia?
The level of competition is moderate and increasing in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
This industry includes transforming organic and inorganic raw materials by chemical processes and forming products. It consists of manufacturing basic chemical products, fertilisers and associated nitrogen compounds, as well as plastics and synthetic rubber in primary forms.
What's included in this industry?
Basic chemicalsFertilisers and nitrogen compounds Plastics and synthetic rubber in primary formsIndustry Code
201 - Manufacture of basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber in primary forms in Latvia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia
- Employees in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia
- Business in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia
- Profit in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
External Drivers
Analysis
What demographic and macroeconomic factors impact the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Basic Chemical, Fertiliser, Nitrogen Compound & Primary Form Plastic Manufacturing in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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