Latvia Flour Market (2025-2031) | Revenue, Size, Forecast, Companies, Outlook, Segmentation, Trends, Industry, Growth, Value, Share & Analysis

Name: Latvia Flour Market (2025-2031) | Forecast & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Flour Market, Latvia Flour Market, Latvia Flour Market Revenues, Latvia Flour Market Share, Latvia Flour Market Size, Latvia Flour Market Outlook, Latvia Flour Market Report, Latvia Flour Market Competition, Latvia Flour Market Overview, Latvia Flour Market Trends, Latvia Flour Market Forecast

Market Forecast By Raw Material (Wheat, Rice, Maize, Others), By Applications (Bread & Bakery Products, Noodles & Pasta, Animal Feed, Wafers, Crackers, & Biscuits, Non-Food Application, Others), By Technology (Dry Technology, Wet Technology) And Competitive Landscape

Product Code: ETC5377909	Publication Date: Nov 2023	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Latvia Flour Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to rely heavily on flour imports from neighboring countries such as Estonia, Lithuania, and Poland, as well as further afield from Ukraine and Italy. The market experienced a significant increase in concentration levels, indicating a narrowing field of suppliers. Despite a remarkable CAGR of 27.51% from 2020 to 2024, the negative growth rate of -49.77% from 2023 to 2024 suggests a recent decline in import shipments. This shift in dynamics highlights the importance of monitoring market trends and diversifying import sources for a resilient supply chain strategy.

Latvia Flour Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Flour Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

By 2027, the Flour market in Latvia is anticipated to reach a growth rate of 2.47%, 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.

Flour Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Flour Market Outlook
Market Size of Latvia Flour Market, 2024
Forecast of Latvia Flour Market, 2031
Historical Data and Forecast of Latvia Flour Revenues & Volume for the Period 2021-2031
Latvia Flour Market Trend Evolution
Latvia Flour Market Drivers and Challenges
Latvia Flour Price Trends
Latvia Flour Porter`s Five Forces
Latvia Flour Industry Life Cycle
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Raw Material for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Wheat for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Rice for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Maize for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Applications for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Bread & Bakery Products for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Noodles & Pasta for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Animal Feed for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Wafers, Crackers, & Biscuits for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Non-Food Application for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Technology for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Dry Technology for the Period 2021-2031
Historical Data and Forecast of Latvia Flour Market Revenues & Volume By Wet Technology for the Period 2021-2031
Latvia Flour Import Export Trade Statistics
Market Opportunity Assessment By Raw Material
Market Opportunity Assessment By Applications
Market Opportunity Assessment By Technology
Latvia Flour Top Companies Market Share
Latvia Flour Competitive Benchmarking By Technical and Operational Parameters
Latvia Flour Company Profiles
Latvia Flour Key Strategic Recommendations

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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 Flour Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Flour Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Flour Market - Industry Life Cycle

3.4 Latvia Flour Market - Porter's Five Forces

3.5 Latvia Flour Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.6 Latvia Flour Market Revenues & Volume Share, By Applications, 2021 & 2031F

3.7 Latvia Flour Market Revenues & Volume Share, By Technology, 2021 & 2031F

4 Latvia Flour Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for convenience foods due to changing lifestyles

4.2.2 Increasing awareness about the health benefits of whole grain flour

4.2.3 Rise in popularity of home baking and cooking trends

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as wheat and grains

4.3.2 Competition from substitute products like gluten-free flour options

4.3.3 Stringent government regulations and quality standards in the flour industry

5 Latvia Flour Market Trends

6 Latvia Flour Market Segmentations

6.1 Latvia Flour Market, By Raw Material

6.1.1 Overview and Analysis

6.1.2 Latvia Flour Market Revenues & Volume, By Wheat, 2021-2031F

6.1.3 Latvia Flour Market Revenues & Volume, By Rice, 2021-2031F

6.1.4 Latvia Flour Market Revenues & Volume, By Maize, 2021-2031F

6.1.5 Latvia Flour Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Flour Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Latvia Flour Market Revenues & Volume, By Bread & Bakery Products, 2021-2031F

6.2.3 Latvia Flour Market Revenues & Volume, By Noodles & Pasta, 2021-2031F

6.2.4 Latvia Flour Market Revenues & Volume, By Animal Feed, 2021-2031F

6.2.5 Latvia Flour Market Revenues & Volume, By Wafers, Crackers, & Biscuits, 2021-2031F

6.2.6 Latvia Flour Market Revenues & Volume, By Non-Food Application, 2021-2031F

6.2.7 Latvia Flour Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Flour Market, By Technology

6.3.1 Overview and Analysis

6.3.2 Latvia Flour Market Revenues & Volume, By Dry Technology, 2021-2031F

6.3.3 Latvia Flour Market Revenues & Volume, By Wet Technology, 2021-2031F

7 Latvia Flour Market Import-Export Trade Statistics

7.1 Latvia Flour Market Export to Major Countries

7.2 Latvia Flour Market Imports from Major Countries

8 Latvia Flour Market Key Performance Indicators

8.1 Consumer spending on baking ingredients

8.2 Number of new product launches in the flour market

8.3 Household penetration of flour products

9 Latvia Flour Market - Opportunity Assessment

9.1 Latvia Flour Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.2 Latvia Flour Market Opportunity Assessment, By Applications, 2021 & 2031F

9.3 Latvia Flour Market Opportunity Assessment, By Technology, 2021 & 2031F

10 Latvia Flour Market - Competitive Landscape

10.1 Latvia Flour Market Revenue Share, By Companies, 2024

10.2 Latvia Flour Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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