| Product Code: ETC4694954 | 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 continued to see a high concentration of crab imports from Lithuania, Germany, Netherlands, Belgium, and Estonia. Despite a significant CAGR decline of -47.15% from 2020 to 2024, there was a slight growth uptick of 2.92% in 2024 compared to the previous year. The consistent dominance of these top exporting countries suggests a stable market dynamic, while the negative CAGR indicates a potential shift in consumer preferences or market conditions that importers should monitor closely for future strategies.

Latvia's Crab market is anticipated to experience a stable growth rate of 3.20% 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 Crab Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Crab Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Crab Market - Industry Life Cycle |
3.4 Latvia Crab Market - Porter's Five Forces |
3.5 Latvia Crab Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Crab Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Crab Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Crab Market Trends |
6 Latvia Crab Market Segmentations |
6.1 Latvia Crab Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Crab Market Revenues & Volume, By Blue Crab, 2021-2031F |
6.1.3 Latvia Crab Market Revenues & Volume, By Chinese Mitten Crab, 2021-2031F |
6.1.4 Latvia Crab Market Revenues & Volume, By Gazami Crab, 2021-2031F |
6.1.5 Latvia Crab Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Crab Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Crab Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.3 Latvia Crab Market Revenues & Volume, By Canned, 2021-2031F |
6.2.4 Latvia Crab Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Crab Market Import-Export Trade Statistics |
7.1 Latvia Crab Market Export to Major Countries |
7.2 Latvia Crab Market Imports from Major Countries |
8 Latvia Crab Market Key Performance Indicators |
9 Latvia Crab Market - Opportunity Assessment |
9.1 Latvia Crab Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Crab Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Crab Market - Competitive Landscape |
10.1 Latvia Crab Market Revenue Share, By Companies, 2024 |
10.2 Latvia Crab 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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