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Latvia Chemicals Production Index
What is Latvia's chemicals production index (index (2021=100))? As of 2026, it's 100.7 index (2021=100), up from 59.8 index (2021=100) in 2015.
Author: Wantstats Research TeamSource: Eurostat and Wantstats Repository
| Label | Chemicals Production Index (index (2021=100)) |
|---|---|
| 2015 | 59.75 index (2021=100) |
| 2016 | 58.57 index (2021=100) |
| 2017 | 69.79 index (2021=100) |
| 2018 | 79.13 index (2021=100) |
| 2019 | 77.96 index (2021=100) |
| 2020 | 80.93 index (2021=100) |
| 2021 | 100.01 index (2021=100) |
| 2022 | 98.55 index (2021=100) |
| 2023 | 92.12 index (2021=100) |
| 2024 | 96.26 index (2021=100) |
| 2025 | 92.74 index (2021=100) |
| 2026 | 100.72 index (2021=100) |
Data Source: Eurostat and Wantstats Repository
Latvia Chemicals Production Index: Key Points
- Measured in 2026, Latvia's chemicals Production Index sits at 100.72 index (2021=100). The series opened at 59.75 index (2021=100) in 2015, making the full move a 69% rise.
- 2017-2018: surges to 79.13 index (2021=100) (+35%).
- 2019-2021: builds to 100.01 index (2021=100) (+26%).
- 2023: drops to 92.12 index (2021=100) (-7%).
- 2026: up to 100.72 index (2021=100) (+9%).
- 2026: Closes higher than it opened — 100.72 index (2021=100), a 68.6% gain over the period.
Why This Bounces Around So Much
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
24% in a single year, 2021, is a lot. Before reading it as a real-world shift, check whether the data source changed methodology or survey basis around that year — it happens more often than you'd think with modeled national statistics.
A useful next step is checking whether Latvia's policy or economic context changed materially over this period — chemicals Production Index series like this one often reflect a specific decision or shock more than a slow organic drift.
As with almost all cross-national statistical series, this one blends real survey years with modeled estimates for the gaps — the year-to-year precision is lower than the chart's smooth line suggests.
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This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.