| Product Code: ETC4676467 | 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`s fish feed import market continued to see steady growth, with key suppliers being Lithuania, Poland, Denmark, Germany, and Belgium. The market remains competitive with low concentration levels, indicating a diverse range of options for buyers. The compound annual growth rate (CAGR) for the period 2020-2024 was a healthy 8.01%, demonstrating sustained expansion. Moreover, the impressive growth rate of 11.63% from 2023 to 2024 suggests a promising outlook for the industry, with Latvia likely to remain an attractive destination for fish feed imports in the coming years.

By 2027, the Fish Feed market in Latvia is anticipated to reach a growth rate of 3.26%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Fish Feed Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fish Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fish Feed Market - Industry Life Cycle |
3.4 Latvia Fish Feed Market - Porter's Five Forces |
3.5 Latvia Fish Feed Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Fish Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Fish Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Fish Feed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Fish Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Fish Feed Market Trends |
6 Latvia Fish Feed Market Segmentations |
6.1 Latvia Fish Feed Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fish Feed Market Revenues & Volume, By Plant Based, 2021-2031F |
6.1.3 Latvia Fish Feed Market Revenues & Volume, By Fish & Fish Products, 2021-2031F |
6.1.4 Latvia Fish Feed Market Revenues & Volume, By Microorganism, 2021-2031F |
6.2 Latvia Fish Feed Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fish Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.2.3 Latvia Fish Feed Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 Latvia Fish Feed Market Revenues & Volume, By Flakes, 2021-2031F |
6.2.5 Latvia Fish Feed Market Revenues & Volume, By Sticks, 2021-2031F |
6.2.6 Latvia Fish Feed Market Revenues & Volume, By Powder, 2021-2031F |
6.3 Latvia Fish Feed Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fish Feed Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Latvia Fish Feed Market Revenues & Volume, By Household, 2021-2031F |
6.4 Latvia Fish Feed Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Fish Feed Market Revenues & Volume, By B2B, 2021-2031F |
6.4.3 Latvia Fish Feed Market Revenues & Volume, By B2C, 2021-2031F |
7 Latvia Fish Feed Market Import-Export Trade Statistics |
7.1 Latvia Fish Feed Market Export to Major Countries |
7.2 Latvia Fish Feed Market Imports from Major Countries |
8 Latvia Fish Feed Market Key Performance Indicators |
9 Latvia Fish Feed Market - Opportunity Assessment |
9.1 Latvia Fish Feed Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Fish Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Fish Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Fish Feed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Fish Feed Market - Competitive Landscape |
10.1 Latvia Fish Feed Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fish Feed 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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