| Product Code: ETC5010031 | 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 |
In 2024, Latvia saw a shift in the concentration of basil leaves imports, moving from high concentration in 2023 to a more moderate level. The top exporting countries to Latvia in 2024 were Ukraine, Russia, Poland, Egypt, and Albania. Despite a challenging CAGR of -7.86% from 2020 to 2024, there was a notable decrease in growth rate from 2023 to 2024, which dropped by -16.71%. This data suggests a more stable import market for basil leaves in Latvia, with a diversified source of imports contributing to the overall market dynamics.

By 2027, Latvia's Basil Leaves market is forecasted to achieve a stable growth rate of 0.43%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Basil Leaves Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Basil Leaves Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Basil Leaves Market - Industry Life Cycle |
3.4 Latvia Basil Leaves Market - Porter's Five Forces |
3.5 Latvia Basil Leaves Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Basil Leaves Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Basil Leaves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of basil leaves |
4.2.2 Growing trend of using natural and organic ingredients in cooking |
4.2.3 Rising demand for ethnic cuisines that use basil leaves |
4.3 Market Restraints |
4.3.1 Seasonal availability and cultivation challenges |
4.3.2 Price fluctuations due to factors like weather conditions and supply chain disruptions |
5 Latvia Basil Leaves Market Trends |
6 Latvia Basil Leaves Market Segmentations |
6.1 Latvia Basil Leaves Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Basil Leaves Market Revenues & Volume, By Basil Leaves, 2021-2031F |
6.1.3 Latvia Basil Leaves Market Revenues & Volume, By Basil Paste, 2021-2031F |
6.1.4 Latvia Basil Leaves Market Revenues & Volume, By Dried Leaves, 2021-2031F |
6.2 Latvia Basil Leaves Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Basil Leaves Market Revenues & Volume, By Essential Oils, 2021-2031F |
6.2.3 Latvia Basil Leaves Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Latvia Basil Leaves Market Revenues & Volume, By Snacks, 2021-2031F |
6.2.5 Latvia Basil Leaves Market Revenues & Volume, By Baked Foods, 2021-2031F |
6.2.6 Latvia Basil Leaves Market Revenues & Volume, By Beverages, 2021-2031F |
6.2.7 Latvia Basil Leaves Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Basil Leaves Market Import-Export Trade Statistics |
7.1 Latvia Basil Leaves Market Export to Major Countries |
7.2 Latvia Basil Leaves Market Imports from Major Countries |
8 Latvia Basil Leaves Market Key Performance Indicators |
8.1 Percentage of households using basil leaves in cooking |
8.2 Number of new product launches incorporating basil leaves |
8.3 Average price stability index for basil leaves |
9 Latvia Basil Leaves Market - Opportunity Assessment |
9.1 Latvia Basil Leaves Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Basil Leaves Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Basil Leaves Market - Competitive Landscape |
10.1 Latvia Basil Leaves Market Revenue Share, By Companies, 2024 |
10.2 Latvia Basil Leaves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |