| Product Code: ETC4842451 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Latvia Floriculture Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.74% in 2025, growth builds up to 10.18% by 2029.

In the Europe region, the Floriculture market in Latvia is projected to expand at a stable growth rate of 3.13% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Floriculture Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Floriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Floriculture Market - Industry Life Cycle |
3.4 Latvia Floriculture Market - Porter's Five Forces |
3.5 Latvia Floriculture Market Revenues & Volume Share, By Flower Type, 2021 & 2031F |
3.6 Latvia Floriculture Market Revenues & Volume Share, By Sector, 2021 & 2031F |
3.7 Latvia Floriculture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Floriculture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Floriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for locally grown flowers due to sustainability concerns |
4.2.2 Growing popularity of floral arrangements in events and weddings |
4.2.3 Expansion of online retail channels for purchasing flowers |
4.3 Market Restraints |
4.3.1 Seasonal variations affecting flower production and sales |
4.3.2 Fluctuations in raw material prices such as seeds, fertilizers, and pesticides |
4.3.3 Competition from imported flowers impacting domestic growers |
5 Latvia Floriculture Market Trends |
6 Latvia Floriculture Market Segmentations |
6.1 Latvia Floriculture Market, By Flower Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Floriculture Market Revenues & Volume, By Cut Flowers, 2021-2031F |
6.1.3 Latvia Floriculture Market Revenues & Volume, By Loose Flowers, 2021-2031F |
6.2 Latvia Floriculture Market, By Sector |
6.2.1 Overview and Analysis |
6.2.2 Latvia Floriculture Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Latvia Floriculture Market Revenues & Volume, By Institutional, 2021-2031F |
6.3 Latvia Floriculture Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Floriculture Market Revenues & Volume, By Unorganised Retail, 2021-2031F |
6.3.3 Latvia Floriculture Market Revenues & Volume, By Florists, 2021-2031F |
6.3.4 Latvia Floriculture Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.5 Latvia Floriculture Market Revenues & Volume, By Online, 2021-2031F |
6.3.6 Latvia Floriculture Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Floriculture Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Floriculture Market Revenues & Volume, By Aesthetic and Decorative Purposes, 2021-2031F |
6.4.3 Latvia Floriculture Market Revenues & Volume, By Flavours and Fragrances, 2021-2031F |
6.4.4 Latvia Floriculture Market Revenues & Volume, By Natural Colours, 2021-2031F |
6.4.5 Latvia Floriculture Market Revenues & Volume, By Medicines, 2021-2031F |
6.4.6 Latvia Floriculture Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Floriculture Market Import-Export Trade Statistics |
7.1 Latvia Floriculture Market Export to Major Countries |
7.2 Latvia Floriculture Market Imports from Major Countries |
8 Latvia Floriculture Market Key Performance Indicators |
8.1 Average price per unit of locally grown flowers |
8.2 Number of new partnerships with event planners and wedding organizers |
8.3 Percentage increase in online sales of flowers |
8.4 Sustainability certifications obtained by local floriculture businesses |
8.5 Customer satisfaction ratings for locally grown flowers |
9 Latvia Floriculture Market - Opportunity Assessment |
9.1 Latvia Floriculture Market Opportunity Assessment, By Flower Type, 2021 & 2031F |
9.2 Latvia Floriculture Market Opportunity Assessment, By Sector, 2021 & 2031F |
9.3 Latvia Floriculture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Floriculture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Floriculture Market - Competitive Landscape |
10.1 Latvia Floriculture Market Revenue Share, By Companies, 2024 |
10.2 Latvia Floriculture 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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