| Product Code: ETC4997263 | 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 |
The Latvia halibut import market saw robust growth in 2024, with Germany and Metropolitan France emerging as key exporting countries. The market showed high concentration, indicating a competitive landscape. The impressive CAGR of 65.93% from 2020 to 2024 highlights the increasing demand for halibut in Latvia. The growth rate of 4.79% in 2024 signifies continued expansion and opportunities for both suppliers and buyers in the market.

Latvia's Halibut market is anticipated to experience a stable growth rate of 3.23% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Halibut Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Halibut Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Halibut Market - Industry Life Cycle |
3.4 Latvia Halibut Market - Porter's Five Forces |
3.5 Latvia Halibut Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Latvia Halibut Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Halibut Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Halibut Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for high-quality seafood products |
4.2.2 Growing popularity of healthy and sustainable food choices |
4.2.3 Favorable government regulations supporting aquaculture industry development |
4.3 Market Restraints |
4.3.1 Seasonal variations impacting halibut availability |
4.3.2 Competition from other seafood products in the market |
4.3.3 Fluctuating prices of feed and operational costs |
5 Latvia Halibut Market Trends |
6 Latvia Halibut Market Segmentations |
6.1 Latvia Halibut Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia Halibut Market Revenues & Volume, By Pacific Halibut, 2021-2031F |
6.1.3 Latvia Halibut Market Revenues & Volume, By Atlantic Halibut, 2021-2031F |
6.1.4 Latvia Halibut Market Revenues & Volume, By California Halibut, 2021-2031F |
6.1.5 Latvia Halibut Market Revenues & Volume, By Alaska Halibut, 2021-2031F |
6.2 Latvia Halibut Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Halibut Market Revenues & Volume, By Store Based, 2021-2031F |
6.2.3 Latvia Halibut Market Revenues & Volume, By Non Stored Based, 2021-2031F |
6.2.4 Latvia Halibut Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Halibut Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Halibut Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.3 Latvia Halibut Market Revenues & Volume, By Personal, 2021-2031F |
6.3.4 Latvia Halibut Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Halibut Market Import-Export Trade Statistics |
7.1 Latvia Halibut Market Export to Major Countries |
7.2 Latvia Halibut Market Imports from Major Countries |
8 Latvia Halibut Market Key Performance Indicators |
8.1 Average selling price of halibut in the market |
8.2 Percentage of halibut sourced from sustainable aquaculture practices |
8.3 Level of consumer awareness and perception of halibut as a premium seafood option |
9 Latvia Halibut Market - Opportunity Assessment |
9.1 Latvia Halibut Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Latvia Halibut Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Halibut Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Halibut Market - Competitive Landscape |
10.1 Latvia Halibut Market Revenue Share, By Companies, 2024 |
10.2 Latvia Halibut 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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