| Product Code: ETC7907088 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s cashew kernel import market continues to show strong growth, with a notable increase in shipments from key exporting countries such as Côte d`Ivoire, Lithuania, Germany, Vietnam, and the Netherlands in 2024. The market remains highly concentrated, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 14.94% from 2020 to 2024 underscores the increasing demand for cashew kernels in Latvia. Moreover, the significant growth rate of 27.67% from 2023 to 2024 suggests a promising outlook for the industry in the near future.

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 Cashew Kernel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cashew Kernel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cashew Kernel Market - Industry Life Cycle |
3.4 Latvia Cashew Kernel Market - Porter's Five Forces |
3.5 Latvia Cashew Kernel Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Latvia Cashew Kernel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of cashew kernels |
4.2.2 Growing demand for plant-based and vegan food products |
4.2.3 Rising disposable income leading to higher spending on premium food items |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the cost of cashew kernels |
4.3.2 Competition from other nuts and snack options in the market |
4.3.3 Supply chain disruptions impacting the availability of cashew kernels |
5 Latvia Cashew Kernel Market Trends |
6 Latvia Cashew Kernel Market, By Types |
6.1 Latvia Cashew Kernel Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cashew Kernel Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Latvia Cashew Kernel Market Revenues & Volume, By White Wholes, 2021- 2031F |
6.1.4 Latvia Cashew Kernel Market Revenues & Volume, By Scorched Wholes, 2021- 2031F |
6.1.5 Latvia Cashew Kernel Market Revenues & Volume, By Dessert Wholes, 2021- 2031F |
6.1.6 Latvia Cashew Kernel Market Revenues & Volume, By White Pieces, 2021- 2031F |
6.1.7 Latvia Cashew Kernel Market Revenues & Volume, By Scorched Pieces, 2021- 2031F |
6.1.8 Latvia Cashew Kernel Market Revenues & Volume, By Dessert Pieces, 2021- 2031F |
7 Latvia Cashew Kernel Market Import-Export Trade Statistics |
7.1 Latvia Cashew Kernel Market Export to Major Countries |
7.2 Latvia Cashew Kernel Market Imports from Major Countries |
8 Latvia Cashew Kernel Market Key Performance Indicators |
8.1 Average selling price of cashew kernels in Latvia |
8.2 Consumer sentiment towards cashew kernels as a healthy snack option |
8.3 Number of new product launches featuring cashew kernels in the market |
9 Latvia Cashew Kernel Market - Opportunity Assessment |
9.1 Latvia Cashew Kernel Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Latvia Cashew Kernel Market - Competitive Landscape |
10.1 Latvia Cashew Kernel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cashew Kernel 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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