| Product Code: ETC5185325 | 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 a significant decline in the growth rate from 2023 to 2024, Latvia continues to heavily rely on fish imports, with top suppliers including Lithuania, Poland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for dominant suppliers. The substantial negative compound annual growth rate (CAGR) from 2020 to 2024 suggests challenges in the fish import market in Latvia. It will be crucial for industry players to closely monitor trends and adapt strategies to navigate the evolving landscape.

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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fish Market - Industry Life Cycle |
3.4 Latvia Fish Market - Porter's Five Forces |
3.5 Latvia Fish Market Revenues & Volume Share, By Fish Type, 2021 & 2031F |
3.6 Latvia Fish Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Latvia Fish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Fish Market Revenues & Volume Share, By Sector, 2021 & 2031F |
4 Latvia Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a higher demand for fresh and nutritious seafood products. |
4.2.2 Growing popularity of seafood as a protein source due to its health benefits and sustainability compared to other meat sources. |
4.2.3 Government initiatives promoting the development of the fishing industry and supporting sustainable fishing practices. |
4.3 Market Restraints |
4.3.1 Seasonal variations in fish availability and catch, leading to fluctuations in supply and prices. |
4.3.2 Competition from imported seafood products impacting the market share of local fish producers. |
4.3.3 Environmental factors such as climate change affecting fish populations and fishing conditions. |
5 Latvia Fish Market Trends |
6 Latvia Fish Market Segmentations |
6.1 Latvia Fish Market, By Fish Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fish Market Revenues & Volume, By Inland Fishes, 2021-2031F |
6.1.3 Latvia Fish Market Revenues & Volume, By Marine Fishes, 2021-2031F |
6.1.4 Latvia Fish Market Revenues & Volume, By Shrimps, 2021-2031F |
6.1.5 Latvia Fish Market Revenues & Volume, By Scampi, 2021-2031F |
6.2 Latvia Fish Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fish Market Revenues & Volume, By Fresh, 2021-2031F |
6.2.3 Latvia Fish Market Revenues & Volume, By Frozen, 2021-2031F |
6.2.4 Latvia Fish Market Revenues & Volume, By Canned, 2021-2031F |
6.2.5 Latvia Fish Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Fish Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fish Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 Latvia Fish Market Revenues & Volume, By Institutional, 2021-2031F |
6.4 Latvia Fish Market, By Sector |
6.4.1 Overview and Analysis |
6.4.2 Latvia Fish Market Revenues & Volume, By Organised, 2021-2031F |
6.4.3 Latvia Fish Market Revenues & Volume, By Unorganised, 2021-2031F |
7 Latvia Fish Market Import-Export Trade Statistics |
7.1 Latvia Fish Market Export to Major Countries |
7.2 Latvia Fish Market Imports from Major Countries |
8 Latvia Fish Market Key Performance Indicators |
8.1 Average selling price of locally sourced fish products. |
8.2 Number of new product launches in the local fish market. |
8.3 Percentage of fish products sourced from sustainable fisheries. |
8.4 Consumer awareness and perception of the quality and freshness of local fish products. |
8.5 Percentage of total seafood consumption in Latvia contributed by locally sourced fish. |
9 Latvia Fish Market - Opportunity Assessment |
9.1 Latvia Fish Market Opportunity Assessment, By Fish Type, 2021 & 2031F |
9.2 Latvia Fish Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Latvia Fish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Fish Market Opportunity Assessment, By Sector, 2021 & 2031F |
10 Latvia Fish Market - Competitive Landscape |
10.1 Latvia Fish Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fish Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |