| Product Code: ETC4714106 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s barley import market in 2024 saw a significant concentration of shipments from Lithuania, Poland, Germany, Denmark, and the Netherlands. Despite a slight decline in growth rate from the previous year, the compound annual growth rate (CAGR) from 2020 to 2024 remained impressive at 15.92%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, which could present both opportunities and challenges for market players in the barley import sector in Latvia.

By 2027, the Barley market in Latvia is anticipated to reach a growth rate of 0.56%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Barley Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Barley Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Barley Market - Industry Life Cycle |
3.4 Latvia Barley Market - Porter's Five Forces |
3.5 Latvia Barley Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Barley Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Latvia Barley Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Barley Market Revenues & Volume Share, By Method of Cultivation, 2021 & 2031F |
4 Latvia Barley Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for craft beers and specialty malt products that use barley as a key ingredient. |
4.2.2 Favorable government policies supporting agriculture and barley production in Latvia. |
4.2.3 Growing awareness and preference for healthy and natural ingredients in food and beverages, leading to higher consumption of barley-based products. |
4.3 Market Restraints |
4.3.1 Fluctuations in weather conditions affecting barley yields and quality. |
4.3.2 Price volatility in the global barley market impacting profitability for Latvian barley farmers. |
4.3.3 Competition from other grains and substitutes in the food and beverage industry. |
5 Latvia Barley Market Trends |
6 Latvia Barley Market Segmentations |
6.1 Latvia Barley Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Barley Market Revenues & Volume, By Hulless, 2021-2031F |
6.1.3 Latvia Barley Market Revenues & Volume, By Covered, 2021-2031F |
6.1.4 Latvia Barley Market Revenues & Volume, By Six-Row Barley, 2021-2031F |
6.1.5 Latvia Barley Market Revenues & Volume, By Two-Row Barley, 2021-2031F |
6.2 Latvia Barley Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Latvia Barley Market Revenues & Volume, By Food Grade, 2021-2031F |
6.2.3 Latvia Barley Market Revenues & Volume, By Malt Grade, 2021-2031F |
6.2.4 Latvia Barley Market Revenues & Volume, By Feed Grade, 2021-2031F |
6.3 Latvia Barley Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Barley Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.3 Latvia Barley Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.4 Latvia Barley Market Revenues & Volume, By Seed Industry, 2021-2031F |
6.3.5 Latvia Barley Market Revenues & Volume, By Nutraceuticals, 2021-2031F |
6.3.6 Latvia Barley Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4 Latvia Barley Market, By Method of Cultivation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Barley Market Revenues & Volume, By Organic, 2021-2031F |
6.4.3 Latvia Barley Market Revenues & Volume, By Inorganic, 2021-2031F |
7 Latvia Barley Market Import-Export Trade Statistics |
7.1 Latvia Barley Market Export to Major Countries |
7.2 Latvia Barley Market Imports from Major Countries |
8 Latvia Barley Market Key Performance Indicators |
8.1 Average barley yield per hectare in Latvia. |
8.2 Percentage of barley produced in Latvia meeting export quality standards. |
8.3 Adoption rate of sustainable agricultural practices in Latvian barley farming. |
8.4 Investment in research and development for barley breeding and crop management techniques. |
8.5 Consumer awareness and perception of Latvian barley products in domestic and export markets. |
9 Latvia Barley Market - Opportunity Assessment |
9.1 Latvia Barley Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Barley Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Latvia Barley Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Barley Market Opportunity Assessment, By Method of Cultivation, 2021 & 2031F |
10 Latvia Barley Market - Competitive Landscape |
10.1 Latvia Barley Market Revenue Share, By Companies, 2024 |
10.2 Latvia Barley Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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