| Product Code: ETC5193172 | 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 kitchen knives import market saw significant growth in 2024, with top exporters being China, Belgium, Lithuania, Finland, and Germany. The market displayed moderate concentration levels with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 7.99%, indicating a consistent increase in demand. Moreover, the impressive growth rate of 18.45% from 2023 to 2024 suggests a strong momentum in the import shipments sector, reflecting a positive outlook for the industry in Latvia.

By 2027, the Kitchen Knives market in Latvia is anticipated to reach a growth rate of 3.20%, 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 Kitchen Knives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Kitchen Knives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Kitchen Knives Market - Industry Life Cycle |
3.4 Latvia Kitchen Knives Market - Porter's Five Forces |
3.5 Latvia Kitchen Knives Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Latvia Kitchen Knives Market Revenues & Volume Share, By Cutting Edge, 2021 & 2031F |
3.7 Latvia Kitchen Knives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Kitchen Knives Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.9 Latvia Kitchen Knives Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Kitchen Knives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in cooking and culinary activities |
4.2.2 Growing trend towards home cooking and gourmet food preparation |
4.2.3 Rising disposable income in Latvia leading to higher spending on kitchenware |
4.3 Market Restraints |
4.3.1 Intense competition from both domestic and international kitchen knife manufacturers |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Slow adoption of innovative kitchen knife designs and technologies in the market |
5 Latvia Kitchen Knives Market Trends |
6 Latvia Kitchen Knives Market Segmentations |
6.1 Latvia Kitchen Knives Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Latvia Kitchen Knives Market Revenues & Volume, By Hand Forged, 2021-2031F |
6.1.3 Latvia Kitchen Knives Market Revenues & Volume, By Stamped Blades, 2021-2031F |
6.2 Latvia Kitchen Knives Market, By Cutting Edge |
6.2.1 Overview and Analysis |
6.2.2 Latvia Kitchen Knives Market Revenues & Volume, By Plain, 2021-2031F |
6.2.3 Latvia Kitchen Knives Market Revenues & Volume, By Granton, 2021-2031F |
6.2.4 Latvia Kitchen Knives Market Revenues & Volume, By Serrated, 2021-2031F |
6.3 Latvia Kitchen Knives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Kitchen Knives Market Revenues & Volume, By Household, 2021-2031F |
6.3.3 Latvia Kitchen Knives Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Latvia Kitchen Knives Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Latvia Kitchen Knives Market Revenues & Volume, By 3-5 Inches, 2021-2031F |
6.4.3 Latvia Kitchen Knives Market Revenues & Volume, By 5-7 Inches, 2021-2031F |
6.4.4 Latvia Kitchen Knives Market Revenues & Volume, By 7-9 Inches, 2021-2031F |
6.4.5 Latvia Kitchen Knives Market Revenues & Volume, By 9-12 Inches, 2021-2031F |
6.5 Latvia Kitchen Knives Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Kitchen Knives Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.3 Latvia Kitchen Knives Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.5.4 Latvia Kitchen Knives Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Kitchen Knives Market Import-Export Trade Statistics |
7.1 Latvia Kitchen Knives Market Export to Major Countries |
7.2 Latvia Kitchen Knives Market Imports from Major Countries |
8 Latvia Kitchen Knives Market Key Performance Indicators |
8.1 Customer satisfaction and loyalty metrics |
8.2 Number of new product launches and innovations in the market |
8.3 Growth in online presence and e-commerce sales for kitchen knives in Latvia |
9 Latvia Kitchen Knives Market - Opportunity Assessment |
9.1 Latvia Kitchen Knives Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Latvia Kitchen Knives Market Opportunity Assessment, By Cutting Edge, 2021 & 2031F |
9.3 Latvia Kitchen Knives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Kitchen Knives Market Opportunity Assessment, By Size, 2021 & 2031F |
9.5 Latvia Kitchen Knives Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Kitchen Knives Market - Competitive Landscape |
10.1 Latvia Kitchen Knives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Kitchen Knives 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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