| Product Code: ETC4844313 | 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 corn flour import market in 2024 continued to be dominated by top exporters like Belgium, Lithuania, Italy, Denmark, and Germany, indicating strong trade relations. Despite a significant negative Compound Annual Growth Rate (CAGR) of -26.83% from 2020 to 2024, the market saw a further decline with a growth rate of -35.32% in 2024 compared to the previous year. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market structure, emphasizing the need for diversified sourcing strategies to mitigate risks and ensure supply stability in the future.

In the Europe region, the Corn Flour market in Latvia is projected to expand at a stable growth rate of 0.93% by 2027. The largest economy is 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 Corn Flour Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Corn Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Corn Flour Market - Industry Life Cycle |
3.4 Latvia Corn Flour Market - Porter's Five Forces |
3.5 Latvia Corn Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Corn Flour Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Corn Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about gluten-free diets and health benefits of corn flour |
4.2.2 Growing demand for convenience food products in Latvia |
4.2.3 Expansion of retail channels and online platforms for corn flour distribution |
4.3 Market Restraints |
4.3.1 Seasonal variations in corn production leading to fluctuations in supply and pricing |
4.3.2 Competition from other gluten-free flour alternatives such as rice flour and almond flour |
4.3.3 Lack of awareness about the versatility and usage of corn flour in cooking |
5 Latvia Corn Flour Market Trends |
6 Latvia Corn Flour Market Segmentations |
6.1 Latvia Corn Flour Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Corn Flour Market Revenues & Volume, By Bakery And Confectionary, 2021-2031F |
6.1.3 Latvia Corn Flour Market Revenues & Volume, By Snack Food, 2021-2031F |
6.1.4 Latvia Corn Flour Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Corn Flour Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Corn Flour Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.3 Latvia Corn Flour Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.4 Latvia Corn Flour Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 Latvia Corn Flour Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Corn Flour Market Import-Export Trade Statistics |
7.1 Latvia Corn Flour Market Export to Major Countries |
7.2 Latvia Corn Flour Market Imports from Major Countries |
8 Latvia Corn Flour Market Key Performance Indicators |
8.1 Average price per kilogram of corn flour in the market |
8.2 Number of new product launches featuring corn flour |
8.3 Consumer engagement on social media platforms regarding corn flour recipes and benefits |
9 Latvia Corn Flour Market - Opportunity Assessment |
9.1 Latvia Corn Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Corn Flour Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Corn Flour Market - Competitive Landscape |
10.1 Latvia Corn Flour Market Revenue Share, By Companies, 2024 |
10.2 Latvia Corn Flour Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |