| Product Code: ETC4731529 | 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 starch import market saw significant growth with a 12.67% CAGR from 2020 to 2024, although a slight decline of -9.73% was observed in 2024. The top exporting countries to Latvia in 2024 were Germany, Lithuania, Italy, Serbia, and Czechia, indicating a diverse mix of suppliers. Despite the presence of multiple exporting countries, the market remained highly concentrated, as indicated by the high HHI value. This suggests a competitive landscape with dominant players maintaining a stronghold in the Latvian corn starch import market.

In the Europe region, the Corn Starch market in Latvia is projected to expand at a stable growth rate of 0.48% 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 Starch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Corn Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Corn Starch Market - Industry Life Cycle |
3.4 Latvia Corn Starch Market - Porter's Five Forces |
3.5 Latvia Corn Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Corn Starch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Corn Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for gluten-free products |
4.2.2 Increasing usage of corn starch in various industries such as food, pharmaceuticals, and textiles |
4.2.3 Rising awareness about the benefits of corn starch as a thickening agent in food products |
4.3 Market Restraints |
4.3.1 Fluctuations in corn prices affecting production costs |
4.3.2 Competition from alternative starch sources like tapioca and potato starch |
4.3.3 Regulatory challenges related to food safety standards and labeling requirements |
5 Latvia Corn Starch Market Trends |
6 Latvia Corn Starch Market Segmentations |
6.1 Latvia Corn Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Corn Starch Market Revenues & Volume, By Native Starch, 2021-2031F |
6.1.3 Latvia Corn Starch Market Revenues & Volume, By Modified Starch, 2021-2031F |
6.1.4 Latvia Corn Starch Market Revenues & Volume, By Sweeteners, 2021-2031F |
6.2 Latvia Corn Starch Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Corn Starch Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.2.3 Latvia Corn Starch Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Latvia Corn Starch Market Revenues & Volume, By Pharmaceuticals and Chemicals, 2021-2031F |
6.2.5 Latvia Corn Starch Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Latvia Corn Starch Market Revenues & Volume, By Paper and Corrugates, 2021-2031F |
6.2.7 Latvia Corn Starch Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Corn Starch Market Import-Export Trade Statistics |
7.1 Latvia Corn Starch Market Export to Major Countries |
7.2 Latvia Corn Starch Market Imports from Major Countries |
8 Latvia Corn Starch Market Key Performance Indicators |
8.1 Average selling price of corn starch |
8.2 Volume of corn starch exports from Latvia |
8.3 Number of new product launches containing corn starch in the Latvian market |
9 Latvia Corn Starch Market - Opportunity Assessment |
9.1 Latvia Corn Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Corn Starch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Corn Starch Market - Competitive Landscape |
10.1 Latvia Corn Starch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Corn Starch Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |