| Product Code: ETC4940871 | 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 continues to see a steady influx of canned and cured seafood imports, with top exporting countries including Ecuador, Germany, Italy, Spain, and Poland. The market remains competitive with low concentration as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 15.29%, reflecting a sustained upward trajectory. Additionally, the growth rate from 2023 to 2024 is recorded at 7.49%, indicating continued expansion and opportunities within the Latvian market for canned and cured seafood products.

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 Canned and Cured Seafoods Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Canned and Cured Seafoods Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Canned and Cured Seafoods Market - Industry Life Cycle |
3.4 Latvia Canned and Cured Seafoods Market - Porter's Five Forces |
3.5 Latvia Canned and Cured Seafoods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Canned and Cured Seafoods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Canned and Cured Seafoods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seafood consumption |
4.2.2 Growing demand for convenient and ready-to-eat food products |
4.2.3 Expansion of distribution channels and e-commerce platforms for seafood products |
4.3 Market Restraints |
4.3.1 Seasonal variations in seafood supply affecting availability and pricing |
4.3.2 Rising concerns about sustainability and environmental impact of seafood harvesting |
4.3.3 Competition from fresh seafood products impacting market share |
5 Latvia Canned and Cured Seafoods Market Trends |
6 Latvia Canned and Cured Seafoods Market Segmentations |
6.1 Latvia Canned and Cured Seafoods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Tuna, 2021-2031F |
6.1.3 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Salmon, 2021-2031F |
6.1.4 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.5 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Other Fish, 2021-2031F |
6.1.6 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Prawns, 2021-2031F |
6.1.7 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Shrimps, 2021-2031F |
6.2 Latvia Canned and Cured Seafoods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.2.4 Latvia Canned and Cured Seafoods Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Canned and Cured Seafoods Market Import-Export Trade Statistics |
7.1 Latvia Canned and Cured Seafoods Market Export to Major Countries |
7.2 Latvia Canned and Cured Seafoods Market Imports from Major Countries |
8 Latvia Canned and Cured Seafoods Market Key Performance Indicators |
8.1 Consumer engagement with online seafood recipes and content |
8.2 Number of new product innovations and launches in the canned and cured seafood segment |
8.3 Growth in per capita seafood consumption in Latvia |
8.4 Percentage of sustainable sourcing practices adopted by seafood suppliers |
8.5 Customer satisfaction and repeat purchase rates for canned and cured seafood products |
9 Latvia Canned and Cured Seafoods Market - Opportunity Assessment |
9.1 Latvia Canned and Cured Seafoods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Canned and Cured Seafoods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Canned and Cured Seafoods Market - Competitive Landscape |
10.1 Latvia Canned and Cured Seafoods Market Revenue Share, By Companies, 2024 |
10.2 Latvia Canned and Cured Seafoods 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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