| Product Code: ETC5827829 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s ham import market in 2024 continued to see a high concentration with top exporters being Lithuania, Spain, Estonia, Poland, and Italy. The market experienced a rapid growth with a CAGR of 51.35% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -3.78%. The market dynamics suggest a competitive landscape with potential opportunities for diversification and strategic partnerships to sustain growth in the future.

In the Europe region, the Hams market in Latvia is projected to expand at a stable growth rate of 3.42% by 2027. The largest economy is 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 Hams Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hams Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hams Market - Industry Life Cycle |
3.4 Latvia Hams Market - Porter's Five Forces |
3.5 Latvia Hams Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Hams Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Hams Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for high-quality, locally sourced food products |
4.2.2 Growing popularity of traditional Latvian cuisine, which often includes ham as a key ingredient |
4.2.3 Expansion of distribution channels and retail outlets, leading to increased accessibility of Latvian hams |
4.3 Market Restraints |
4.3.1 Fluctuating raw material costs, such as pork prices, impacting the profitability of ham producers |
4.3.2 Competition from imported hams and other meat products in the market |
4.3.3 Stringent regulatory requirements and food safety standards that ham producers need to comply with |
5 Latvia Hams Market Trends |
6 Latvia Hams Market Segmentations |
6.1 Latvia Hams Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hams Market Revenues & Volume, By Air Dried Cured Hams, 2021-2031F |
6.1.3 Latvia Hams Market Revenues & Volume, By Smoked Hams, 2021-2031F |
6.2 Latvia Hams Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hams Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Latvia Hams Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.4 Latvia Hams Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 Latvia Hams Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.6 Latvia Hams Market Revenues & Volume, By Online Retailers, 2021-2031F |
7 Latvia Hams Market Import-Export Trade Statistics |
7.1 Latvia Hams Market Export to Major Countries |
7.2 Latvia Hams Market Imports from Major Countries |
8 Latvia Hams Market Key Performance Indicators |
8.1 Percentage of repeat customers indicating loyalty and satisfaction with Latvian hams |
8.2 Average order value per customer, reflecting the willingness of consumers to spend on premium hams |
8.3 Number of new product launches or variations in the Latvian hams market, indicating innovation and response to changing consumer preferences. |
9 Latvia Hams Market - Opportunity Assessment |
9.1 Latvia Hams Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Hams Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Hams Market - Competitive Landscape |
10.1 Latvia Hams Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hams 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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