| Product Code: ETC4838860 | 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 dried peas import market in 2024 continued to be dominated by top exporting countries such as Russia, Lithuania, Poland, Belarus, and Estonia, maintaining a high level of market concentration. Despite a slight growth with a CAGR of 3.2% from 2020 to 2024, the market experienced a significant decline in growth rate of -56.23% from 2023 to 2024. This fluctuation signals potential shifts in market dynamics and factors impacting the import of dried peas in Latvia.

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 Dried Peas Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dried Peas Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dried Peas Market - Industry Life Cycle |
3.4 Latvia Dried Peas Market - Porter's Five Forces |
3.5 Latvia Dried Peas Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Dried Peas Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Dried Peas Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Dried Peas Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Dried Peas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of dried peas |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Rise in the number of health-conscious consumers in Latvia |
4.3 Market Restraints |
4.3.1 Competition from other protein sources like lentils or beans |
4.3.2 Seasonal fluctuations in pea production |
4.3.3 Price volatility in the agriculture sector |
5 Latvia Dried Peas Market Trends |
6 Latvia Dried Peas Market Segmentations |
6.1 Latvia Dried Peas Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dried Peas Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Latvia Dried Peas Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Latvia Dried Peas Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dried Peas Market Revenues & Volume, By Green Peas, 2021-2031F |
6.2.3 Latvia Dried Peas Market Revenues & Volume, By Yellow Peas, 2021-2031F |
6.3 Latvia Dried Peas Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dried Peas Market Revenues & Volume, By Food and Beverage Processing, 2021-2031F |
6.3.3 Latvia Dried Peas Market Revenues & Volume, By Cosmetics and Personal Care, 2021-2031F |
6.3.4 Latvia Dried Peas Market Revenues & Volume, By Pharmaceuticals & Supplements, 2021-2031F |
6.3.5 Latvia Dried Peas Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.6 Latvia Dried Peas Market Revenues & Volume, By Foodservice/HoReCa, 2021-2031F |
6.3.7 Latvia Dried Peas Market Revenues & Volume, By Household/Retail, 2021-2031F |
6.4 Latvia Dried Peas Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Dried Peas Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Latvia Dried Peas Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Latvia Dried Peas Market Import-Export Trade Statistics |
7.1 Latvia Dried Peas Market Export to Major Countries |
7.2 Latvia Dried Peas Market Imports from Major Countries |
8 Latvia Dried Peas Market Key Performance Indicators |
8.1 Average selling price of dried peas in Latvia |
8.2 Percentage of households consuming dried peas on a regular basis |
8.3 Number of new product launches featuring dried peas in the market |
9 Latvia Dried Peas Market - Opportunity Assessment |
9.1 Latvia Dried Peas Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Dried Peas Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Dried Peas Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Dried Peas Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Dried Peas Market - Competitive Landscape |
10.1 Latvia Dried Peas Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dried Peas 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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