| Product Code: ETC5015085 | 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 |
Latvia`s frozen potato products import market in 2024 continued to showcase high concentration with top exporters being Poland, Netherlands, Belgium, Lithuania, and Germany. The Herfindahl-Hirschman Index (HHI) remained at elevated levels, indicating a concentrated market. The impressive compound annual growth rate (CAGR) of 21.26% from 2020 to 2024 highlights the increasing demand for frozen potato products in Latvia. Furthermore, the solid growth rate of 8.81% from 2023 to 2024 suggests a sustained momentum in import shipments, pointing towards a thriving market for frozen potato products in the country.

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 Frozen Potato Products Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Frozen Potato Products Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Frozen Potato Products Market - Industry Life Cycle |
3.4 Latvia Frozen Potato Products Market - Porter's Five Forces |
3.5 Latvia Frozen Potato Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Frozen Potato Products Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.7 Latvia Frozen Potato Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Frozen Potato Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for convenient and ready-to-eat food products |
4.2.2 Increasing preference for frozen potato products due to busy lifestyles |
4.2.3 Rising popularity of quick-service restaurants and fast-food chains in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as potatoes |
4.3.2 Health concerns related to processed and frozen food products |
4.3.3 Intense competition from fresh potato products and other frozen food alternatives |
5 Latvia Frozen Potato Products Market Trends |
6 Latvia Frozen Potato Products Market Segmentations |
6.1 Latvia Frozen Potato Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Frozen Potato Products Market Revenues & Volume, By French Fries, 2021-2031F |
6.1.3 Latvia Frozen Potato Products Market Revenues & Volume, By Tikkis, 2021-2031F |
6.1.4 Latvia Frozen Potato Products Market Revenues & Volume, By Potato Wedges, 2021-2031F |
6.1.5 Latvia Frozen Potato Products Market Revenues & Volume, By Potato Bites, 2021-2031F |
6.1.6 Latvia Frozen Potato Products Market Revenues & Volume, By Smileys, 2021-2031F |
6.1.7 Latvia Frozen Potato Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Frozen Potato Products Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Frozen Potato Products Market Revenues & Volume, By Food Services, 2021-2031F |
6.2.3 Latvia Frozen Potato Products Market Revenues & Volume, By Retail, 2021-2031F |
6.3 Latvia Frozen Potato Products Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Frozen Potato Products Market Revenues & Volume, By Business to Business, 2021-2031F |
6.3.3 Latvia Frozen Potato Products Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.3.4 Latvia Frozen Potato Products Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 Latvia Frozen Potato Products Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.3.6 Latvia Frozen Potato Products Market Revenues & Volume, By Online, 2021-2031F |
6.3.7 Latvia Frozen Potato Products Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Frozen Potato Products Market Import-Export Trade Statistics |
7.1 Latvia Frozen Potato Products Market Export to Major Countries |
7.2 Latvia Frozen Potato Products Market Imports from Major Countries |
8 Latvia Frozen Potato Products Market Key Performance Indicators |
8.1 Average unit price of frozen potato products in Latvia |
8.2 Number of new product introductions in the frozen potato products segment |
8.3 Consumer sentiment towards frozen potato products based on surveys and feedback |
8.4 Percentage of households in Latvia purchasing frozen potato products |
9 Latvia Frozen Potato Products Market - Opportunity Assessment |
9.1 Latvia Frozen Potato Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Frozen Potato Products Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.3 Latvia Frozen Potato Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Frozen Potato Products Market - Competitive Landscape |
10.1 Latvia Frozen Potato Products Market Revenue Share, By Companies, 2024 |
10.2 Latvia Frozen Potato Products 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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