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

Market Forecast By Trait (Herbicide Tolerant, Insect Tolerant, Stacked (HT+IT), Others), By Sales Channel (Direct Sales, Modern Trade, Convenience Store, E-Retailers, Others), By Application (Food, Feed & Residual, Biodiesel, Others) And Competitive Landscape
Product Code: ETC7911778 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

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

Latvia continued to rely on imports of GMO corn in 2024, with top exporters being Russia, Lithuania, Poland, Ukraine, and South Africa. Despite a high Herfindahl-Hirschman Index indicating market concentration, the compound annual growth rate (CAGR) remained steady at 2.44% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024, dropping by -73.11%. This trend suggests potential shifts in market dynamics or regulatory changes impacting GMO corn imports in Latvia.

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

Key Highlights of the Report:

  • Latvia GMO Corn Market Outlook
  • Market Size of Latvia GMO Corn Market, 2024
  • Forecast of Latvia GMO Corn Market, 2031
  • Historical Data and Forecast of Latvia GMO Corn Revenues & Volume for the Period 2021- 2031
  • Latvia GMO Corn Market Trend Evolution
  • Latvia GMO Corn Market Drivers and Challenges
  • Latvia GMO Corn Price Trends
  • Latvia GMO Corn Porter's Five Forces
  • Latvia GMO Corn Industry Life Cycle
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Trait for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Herbicide Tolerant for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Insect Tolerant for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Stacked (HT+IT) for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Sales Channel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Direct Sales for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Modern Trade for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Convenience Store for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By E-Retailers for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Food for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Feed & Residual for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Biodiesel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia GMO Corn Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia GMO Corn Import Export Trade Statistics
  • Market Opportunity Assessment By Trait
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Application
  • Latvia GMO Corn Top Companies Market Share
  • Latvia GMO Corn Competitive Benchmarking By Technical and Operational Parameters
  • Latvia GMO Corn Company Profiles
  • Latvia GMO Corn Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia GMO Corn Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia GMO Corn Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 GMO Corn Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia GMO Corn Market Revenues & Volume, 2021 & 2031F

3.3 Latvia GMO Corn Market - Industry Life Cycle

3.4 Latvia GMO Corn Market - Porter's Five Forces

3.5 Latvia GMO Corn Market Revenues & Volume Share, By Trait, 2021 & 2031F

3.6 Latvia GMO Corn Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F

3.7 Latvia GMO Corn Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia GMO Corn Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for livestock feed in Latvia

4.2.2 Growing awareness and adoption of genetically modified crops

4.2.3 Government support for agricultural innovation and biotechnology

4.3 Market Restraints

4.3.1 Concerns over environmental impact and biodiversity loss

4.3.2 Stringent regulations and public resistance towards GMO products

5 Latvia GMO Corn Market Trends

6 Latvia GMO Corn Market, By Types

6.1 Latvia GMO Corn Market, By Trait

6.1.1 Overview and Analysis

6.1.2 Latvia GMO Corn Market Revenues & Volume, By Trait, 2021- 2031F

6.1.3 Latvia GMO Corn Market Revenues & Volume, By Herbicide Tolerant, 2021- 2031F

6.1.4 Latvia GMO Corn Market Revenues & Volume, By Insect Tolerant, 2021- 2031F

6.1.5 Latvia GMO Corn Market Revenues & Volume, By Stacked (HT+IT), 2021- 2031F

6.1.6 Latvia GMO Corn Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia GMO Corn Market, By Sales Channel

6.2.1 Overview and Analysis

6.2.2 Latvia GMO Corn Market Revenues & Volume, By Direct Sales, 2021- 2031F

6.2.3 Latvia GMO Corn Market Revenues & Volume, By Modern Trade, 2021- 2031F

6.2.4 Latvia GMO Corn Market Revenues & Volume, By Convenience Store, 2021- 2031F

6.2.5 Latvia GMO Corn Market Revenues & Volume, By E-Retailers, 2021- 2031F

6.2.6 Latvia GMO Corn Market Revenues & Volume, By Others, 2021- 2031F

6.3 Latvia GMO Corn Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia GMO Corn Market Revenues & Volume, By Food, 2021- 2031F

6.3.3 Latvia GMO Corn Market Revenues & Volume, By Feed & Residual, 2021- 2031F

6.3.4 Latvia GMO Corn Market Revenues & Volume, By Biodiesel, 2021- 2031F

6.3.5 Latvia GMO Corn Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia GMO Corn Market Import-Export Trade Statistics

7.1 Latvia GMO Corn Market Export to Major Countries

7.2 Latvia GMO Corn Market Imports from Major Countries

8 Latvia GMO Corn Market Key Performance Indicators

8.1 Adoption rate of GMO corn seeds by farmers in Latvia

8.2 Percentage of agricultural land allocated for GMO corn cultivation

8.3 Investment in research and development of GMO corn varieties

9 Latvia GMO Corn Market - Opportunity Assessment

9.1 Latvia GMO Corn Market Opportunity Assessment, By Trait, 2021 & 2031F

9.2 Latvia GMO Corn Market Opportunity Assessment, By Sales Channel, 2021 & 2031F

9.3 Latvia GMO Corn Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia GMO Corn Market - Competitive Landscape

10.1 Latvia GMO Corn Market Revenue Share, By Companies, 2024

10.2 Latvia GMO Corn Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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