| Product Code: ETC13030261 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of animal identification tags to Latvia in 2024 show a significant increase in concentration, with Metropolitan France, Ukraine, China, South Korea, and Italy emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration suggests a more consolidated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 is steady at 4.42%, while the impressive growth rate of 24.95% from 2023 to 2024 indicates a surge in demand for animal identification tags in Latvia. This trend highlights opportunities for market players to capitalize on the growing market potential in the country.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Animal Identification Tags Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Animal Identification Tags Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Animal Identification Tags Market - Industry Life Cycle |
3.4 Latvia Animal Identification Tags Market - Porter's Five Forces |
3.5 Latvia Animal Identification Tags Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Animal Identification Tags Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Animal Identification Tags Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Animal Identification Tags Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Latvia Animal Identification Tags Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Animal Identification Tags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government regulations mandating animal identification for disease control and food safety |
4.2.2 Growing adoption of technology for efficient livestock management |
4.2.3 Rising demand for traceability and transparency in the food supply chain |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing animal identification systems |
4.3.2 Limited awareness among smaller farmers about the benefits of animal identification tags |
4.3.3 Lack of standardized protocols and interoperability among different animal identification systems |
5 Latvia Animal Identification Tags Market Trends |
6 Latvia Animal Identification Tags Market, By Types |
6.1 Latvia Animal Identification Tags Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Animal Identification Tags Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Animal Identification Tags Market Revenues & Volume, By RFID Tags, 2021 - 2031F |
6.1.4 Latvia Animal Identification Tags Market Revenues & Volume, By 2D Codes, 2021 - 2031F |
6.2 Latvia Animal Identification Tags Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Animal Identification Tags Market Revenues & Volume, By RFID, 2021 - 2031F |
6.2.3 Latvia Animal Identification Tags Market Revenues & Volume, By NFC, 2021 - 2031F |
6.2.4 Latvia Animal Identification Tags Market Revenues & Volume, By QR Codes, 2021 - 2031F |
6.3 Latvia Animal Identification Tags Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Animal Identification Tags Market Revenues & Volume, By Livestock Tracking, 2021 - 2031F |
6.3.3 Latvia Animal Identification Tags Market Revenues & Volume, By Pet Identification, 2021 - 2031F |
6.3.4 Latvia Animal Identification Tags Market Revenues & Volume, By Animal Registration, 2021 - 2031F |
6.4 Latvia Animal Identification Tags Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Animal Identification Tags Market Revenues & Volume, By Livestock Farming, 2021 - 2031F |
6.4.3 Latvia Animal Identification Tags Market Revenues & Volume, By Veterinary Clinics, 2021 - 2031F |
6.4.4 Latvia Animal Identification Tags Market Revenues & Volume, By Animal Breeding, 2021 - 2031F |
6.5 Latvia Animal Identification Tags Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Animal Identification Tags Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Latvia Animal Identification Tags Market Revenues & Volume, By Online Sales, 2021 - 2031F |
7 Latvia Animal Identification Tags Market Import-Export Trade Statistics |
7.1 Latvia Animal Identification Tags Market Export to Major Countries |
7.2 Latvia Animal Identification Tags Market Imports from Major Countries |
8 Latvia Animal Identification Tags Market Key Performance Indicators |
8.1 Percentage increase in the number of livestock farms using electronic identification tags |
8.2 Adoption rate of RFID technology in animal identification systems |
8.3 Reduction in the time taken for traceability of animals in the supply chain |
9 Latvia Animal Identification Tags Market - Opportunity Assessment |
9.1 Latvia Animal Identification Tags Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Animal Identification Tags Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Animal Identification Tags Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Animal Identification Tags Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Latvia Animal Identification Tags Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Animal Identification Tags Market - Competitive Landscape |
10.1 Latvia Animal Identification Tags Market Revenue Share, By Companies, 2024 |
10.2 Latvia Animal Identification Tags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |