| Product Code: ETC4784463 | 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 coco peat import market in 2024 continued to see a high concentration of supply, with top exporters including India, Denmark, Sri Lanka, Germany, and Netherlands. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the industry experienced a significant growth spurt in 2024 with a growth rate of 107.49% from the previous year. This surge in import activity indicates a potential shift in demand or market dynamics, which could present new opportunities and challenges for stakeholders in the coco peat industry.

Latvia's Coco Peat market is anticipated to experience a growing growth rate of 9.77% by 2027, reflecting trends observed in the largest economy Germany, 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 Coco Peat Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coco Peat Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coco Peat Market - Industry Life Cycle |
3.4 Latvia Coco Peat Market - Porter's Five Forces |
3.5 Latvia Coco Peat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Coco Peat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Coco Peat Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Latvia Coco Peat Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Latvia Coco Peat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for organic and sustainable agricultural practices. |
4.2.2 Increasing awareness about the benefits of using coco peat as a soil amendment. |
4.2.3 Government initiatives promoting eco-friendly farming practices in Latvia. |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for coco peat production in Latvia. |
4.3.2 Fluctuating prices of raw materials and transportation costs. |
4.3.3 Lack of awareness among farmers about the proper use and benefits of coco peat. |
5 Latvia Coco Peat Market Trends |
6 Latvia Coco Peat Market Segmentations |
6.1 Latvia Coco Peat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coco Peat Market Revenues & Volume, By Brown Fiber, 2021-2031F |
6.1.3 Latvia Coco Peat Market Revenues & Volume, By White Fiber, 2021-2031F |
6.1.4 Latvia Coco Peat Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Coco Peat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coco Peat Market Revenues & Volume, By Agricultural and Horticultural Use, 2021-2031F |
6.2.3 Latvia Coco Peat Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Latvia Coco Peat Market Revenues & Volume, By Bedding & Flooring, 2021-2031F |
6.2.5 Latvia Coco Peat Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Coco Peat Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Latvia Coco Peat Market Revenues & Volume, By Green Coconut, 2021-2031F |
6.3.3 Latvia Coco Peat Market Revenues & Volume, By Brown Coconut, 2021-2031F |
6.4 Latvia Coco Peat Market, By Nature |
6.4.1 Overview and Analysis |
6.4.2 Latvia Coco Peat Market Revenues & Volume, By Organic, 2021-2031F |
6.4.3 Latvia Coco Peat Market Revenues & Volume, By Conventional, 2021-2031F |
7 Latvia Coco Peat Market Import-Export Trade Statistics |
7.1 Latvia Coco Peat Market Export to Major Countries |
7.2 Latvia Coco Peat Market Imports from Major Countries |
8 Latvia Coco Peat Market Key Performance Indicators |
8.1 Percentage increase in the adoption of eco-friendly farming practices. |
8.2 Number of new product innovations in the coco peat market. |
8.3 Growth in the number of partnerships between coco peat manufacturers and agricultural organizations. |
8.4 Improvement in the quality of coco peat products based on customer feedback. |
8.5 Expansion of distribution channels for coco peat products in Latvia. |
9 Latvia Coco Peat Market - Opportunity Assessment |
9.1 Latvia Coco Peat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Coco Peat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Coco Peat Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Latvia Coco Peat Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Latvia Coco Peat Market - Competitive Landscape |
10.1 Latvia Coco Peat Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coco Peat 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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