| Product Code: ETC4996997 | 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 seafood import market saw steady growth in 2024, with top exporters being Netherlands, Lithuania, Denmark, Belgium, and Vietnam. The market concentration, as measured by the HHI, remained moderate, indicating a competitive landscape. The impressive CAGR of 12.98% from 2020 to 2024 demonstrates sustained demand for frozen seafood in Latvia. Furthermore, the notable growth rate of 18.18% from 2023 to 2024 suggests a promising outlook for the industry in the coming years.

By 2027, the Frozen Seafood market in Latvia is anticipated to reach a growth rate of 1.35%, 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.

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 Seafood Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Frozen Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Frozen Seafood Market - Industry Life Cycle |
3.4 Latvia Frozen Seafood Market - Porter's Five Forces |
3.5 Latvia Frozen Seafood Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Frozen Seafood Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Frozen Seafood Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Frozen Seafood Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.9 Latvia Frozen Seafood Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Frozen Seafood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seafood consumption |
4.2.2 Growing demand for convenient and ready-to-cook food products |
4.2.3 Expansion of organized retail sector leading to wider distribution channels |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials impacting production costs |
4.3.2 Stringent regulations related to fishing quotas and sustainability |
4.3.3 Competition from fresh seafood products and alternative protein sources |
5 Latvia Frozen Seafood Market Trends |
6 Latvia Frozen Seafood Market Segmentations |
6.1 Latvia Frozen Seafood Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Frozen Seafood Market Revenues & Volume, By Organic Frozen Seafood, 2021-2031F |
6.1.3 Latvia Frozen Seafood Market Revenues & Volume, By Conventional Frozen Seafood, 2021-2031F |
6.2 Latvia Frozen Seafood Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Frozen Seafood Market Revenues & Volume, By Raw Frozen Seafood, 2021-2031F |
6.2.3 Latvia Frozen Seafood Market Revenues & Volume, By Processed Frozen Seafood, 2021-2031F |
6.3 Latvia Frozen Seafood Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Frozen Seafood Market Revenues & Volume, By Food Processing Industry, 2021-2031F |
6.3.3 Latvia Frozen Seafood Market Revenues & Volume, By Food Service Industry, 2021-2031F |
6.3.4 Latvia Frozen Seafood Market Revenues & Volume, By Retail/Household, 2021-2031F |
6.4 Latvia Frozen Seafood Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Frozen Seafood Market Revenues & Volume, By Frozen Fish, 2021-2031F |
6.4.3 Latvia Frozen Seafood Market Revenues & Volume, By Frozen Molluscs, 2021-2031F |
6.4.4 Latvia Frozen Seafood Market Revenues & Volume, By Frozen Crustaceans, 2021-2031F |
6.5 Latvia Frozen Seafood Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Frozen Seafood Market Revenues & Volume, By Business to Business, 2021-2031F |
6.5.3 Latvia Frozen Seafood Market Revenues & Volume, By Business to Consumer, 2021-2031F |
6.5.4 Latvia Frozen Seafood Market Revenues & Volume, By E-Commerce/Online Stores, 2021-2031F |
7 Latvia Frozen Seafood Market Import-Export Trade Statistics |
7.1 Latvia Frozen Seafood Market Export to Major Countries |
7.2 Latvia Frozen Seafood Market Imports from Major Countries |
8 Latvia Frozen Seafood Market Key Performance Indicators |
8.1 Average unit price of frozen seafood products |
8.2 Consumer purchase frequency of frozen seafood |
8.3 Market penetration rate of frozen seafood products in retail outlets |
9 Latvia Frozen Seafood Market - Opportunity Assessment |
9.1 Latvia Frozen Seafood Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Frozen Seafood Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Frozen Seafood Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Frozen Seafood Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.5 Latvia Frozen Seafood Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Frozen Seafood Market - Competitive Landscape |
10.1 Latvia Frozen Seafood Market Revenue Share, By Companies, 2024 |
10.2 Latvia Frozen Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |