| Product Code: ETC7912395 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s gum import market in 2024 continued to be dominated by shipments from Lithuania, UK, Germany, Poland, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a steady Compound Annual Growth Rate (CAGR) of 2.45% from 2020 to 2024 and a growth rate of 2.35% from 2023 to 2024, the market shows resilience and potential for further expansion. The consistent performance of key exporting countries highlights the strong demand for gums in Latvia.

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 Gums Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Gums Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Gums Market - Industry Life Cycle |
3.4 Latvia Gums Market - Porter's Five Forces |
3.5 Latvia Gums Market Revenues & Volume Share, By Confectionery Variant, 2021 & 2031F |
3.6 Latvia Gums Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Gums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Gums Market Trends |
6 Latvia Gums Market, By Types |
6.1 Latvia Gums Market, By Confectionery Variant |
6.1.1 Overview and Analysis |
6.1.2 Latvia Gums Market Revenues & Volume, By Confectionery Variant, 2021- 2031F |
6.1.3 Latvia Gums Market Revenues & Volume, By Bubble Gum, 2021- 2031F |
6.1.4 Latvia Gums Market Revenues & Volume, By Chewing Gum, 2021- 2031F |
6.2 Latvia Gums Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Gums Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.2.3 Latvia Gums Market Revenues & Volume, By Online Retail Store, 2021- 2031F |
6.2.4 Latvia Gums Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.2.5 Latvia Gums Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Gums Market Import-Export Trade Statistics |
7.1 Latvia Gums Market Export to Major Countries |
7.2 Latvia Gums Market Imports from Major Countries |
8 Latvia Gums Market Key Performance Indicators |
9 Latvia Gums Market - Opportunity Assessment |
9.1 Latvia Gums Market Opportunity Assessment, By Confectionery Variant, 2021 & 2031F |
9.2 Latvia Gums Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Gums Market - Competitive Landscape |
10.1 Latvia Gums Market Revenue Share, By Companies, 2024 |
10.2 Latvia Gums 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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