| Product Code: ETC4995534 | 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 |
Despite the declining CAGR from 2020 to 2024, Latvia`s dry-packaged scallops import market showed a promising growth rate of 7.81% in 2024. The top exporting countries to Latvia, including Lithuania, Netherlands, and Germany, indicate a diverse and competitive market landscape. However, the high concentration levels, as reflected by the HHI, suggest that a few key players dominate the market. This trend highlights the importance of monitoring market dynamics and competition to ensure sustainable growth and market resilience in the future.

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 Dry-Packaged Scallops Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dry-Packaged Scallops Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dry-Packaged Scallops Market - Industry Life Cycle |
3.4 Latvia Dry-Packaged Scallops Market - Porter's Five Forces |
3.5 Latvia Dry-Packaged Scallops Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Dry-Packaged Scallops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of scallops |
4.2.2 Growing preference for convenient and easy-to-prepare seafood products |
4.2.3 Rising demand for high-quality seafood products in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of scallops due to supply chain disruptions |
4.3.2 Regulatory challenges related to seafood sourcing and processing standards in Latvia |
5 Latvia Dry-Packaged Scallops Market Trends |
6 Latvia Dry-Packaged Scallops Market Segmentations |
6.1 Latvia Dry-Packaged Scallops Market, By End Users |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dry-Packaged Scallops Market Revenues & Volume, By Individual Consumers, 2021-2031F |
6.1.3 Latvia Dry-Packaged Scallops Market Revenues & Volume, By Foodservice Channels, 2021-2031F |
7 Latvia Dry-Packaged Scallops Market Import-Export Trade Statistics |
7.1 Latvia Dry-Packaged Scallops Market Export to Major Countries |
7.2 Latvia Dry-Packaged Scallops Market Imports from Major Countries |
8 Latvia Dry-Packaged Scallops Market Key Performance Indicators |
8.1 Consumer satisfaction and repeat purchase rate |
8.2 Average order value for dry-packaged scallops |
8.3 Number of new product innovations in the dry-packaged scallops segment |
8.4 Percentage of market covered by distribution channels offering dry-packaged scallops |
8.5 Sustainability certifications obtained by scallop suppliers |
9 Latvia Dry-Packaged Scallops Market - Opportunity Assessment |
9.1 Latvia Dry-Packaged Scallops Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Dry-Packaged Scallops Market - Competitive Landscape |
10.1 Latvia Dry-Packaged Scallops Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dry-Packaged Scallops 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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