| Product Code: ETC7911323 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The floral gifting import shipments to Latvia in 2024 continued to be dominated by top exporting countries such as Netherlands, Poland, China, Lithuania, and Vietnam. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a strong compound annual growth rate (CAGR) of 18.13% from 2020 to 2024 and a notable growth rate of 22.61% from 2023 to 2024, the floral gifting industry in Latvia shows promising expansion and increasing demand for imported flowers.

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 Floral Gifting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Floral Gifting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Floral Gifting Market - Industry Life Cycle |
3.4 Latvia Floral Gifting Market - Porter's Five Forces |
3.5 Latvia Floral Gifting Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Floral Gifting Market Revenues & Volume Share, By Gifting Type, 2021 & 2031F |
3.7 Latvia Floral Gifting Market Revenues & Volume Share, By Occasion, 2021 & 2031F |
3.8 Latvia Floral Gifting Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Floral Gifting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Floral Gifting Market Trends |
6 Latvia Floral Gifting Market, By Types |
6.1 Latvia Floral Gifting Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Floral Gifting Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Floral Gifting Market Revenues & Volume, By Single Flowers, 2021- 2031F |
6.1.4 Latvia Floral Gifting Market Revenues & Volume, By Bouquets, 2021- 2031F |
6.2 Latvia Floral Gifting Market, By Gifting Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Floral Gifting Market Revenues & Volume, By Personal, 2021- 2031F |
6.2.3 Latvia Floral Gifting Market Revenues & Volume, By Corporate, 2021- 2031F |
6.3 Latvia Floral Gifting Market, By Occasion |
6.3.1 Overview and Analysis |
6.3.2 Latvia Floral Gifting Market Revenues & Volume, By Birthday, 2021- 2031F |
6.3.3 Latvia Floral Gifting Market Revenues & Volume, By Anniversary, 2021- 2031F |
6.3.4 Latvia Floral Gifting Market Revenues & Volume, By Festive, 2021- 2031F |
6.3.5 Latvia Floral Gifting Market Revenues & Volume, By Sympathy, 2021- 2031F |
6.4 Latvia Floral Gifting Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Floral Gifting Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.4.3 Latvia Floral Gifting Market Revenues & Volume, By Independent Retailers, 2021- 2031F |
6.4.4 Latvia Floral Gifting Market Revenues & Volume, By Departmental Stores, 2021- 2031F |
6.4.5 Latvia Floral Gifting Market Revenues & Volume, By Online Channels, 2021- 2031F |
7 Latvia Floral Gifting Market Import-Export Trade Statistics |
7.1 Latvia Floral Gifting Market Export to Major Countries |
7.2 Latvia Floral Gifting Market Imports from Major Countries |
8 Latvia Floral Gifting Market Key Performance Indicators |
9 Latvia Floral Gifting Market - Opportunity Assessment |
9.1 Latvia Floral Gifting Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Floral Gifting Market Opportunity Assessment, By Gifting Type, 2021 & 2031F |
9.3 Latvia Floral Gifting Market Opportunity Assessment, By Occasion, 2021 & 2031F |
9.4 Latvia Floral Gifting Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Floral Gifting Market - Competitive Landscape |
10.1 Latvia Floral Gifting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Floral Gifting 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.
To discover high-growth global markets and optimize your business strategy:
Click Here