| Product Code: ETC4675270 | 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 knife import market saw a significant increase in diversity in 2024, with top exporters including China, Lithuania, Germany, Belgium, and Poland. The market concentration decreased from moderate to low, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 8.14%, with a notable growth spurt of 12.63% from 2023 to 2024. These trends suggest a growing demand for imported knives in Latvia and a positive outlook for the industry.

By 2027, Latvia's Knife market is forecasted to achieve a stable growth rate of 3.37%, with Germany leading the Europe region, 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 Knife Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Knife Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Knife Market - Industry Life Cycle |
3.4 Latvia Knife Market - Porter's Five Forces |
3.5 Latvia Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Knife Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Latvia Knife Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Knife Market Trends |
6 Latvia Knife Market Segmentations |
6.1 Latvia Knife Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Knife Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.3 Latvia Knife Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.4 Latvia Knife Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.1.5 Latvia Knife Market Revenues & Volume, By Other Materials, 2021-2031F |
6.2 Latvia Knife Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Latvia Knife Market Revenues & Volume, By Utensils& Kitchen Tools, 2021-2031F |
6.2.3 Latvia Knife Market Revenues & Volume, By Weapons& Defence, 2021-2031F |
6.2.4 Latvia Knife Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Knife Market Import-Export Trade Statistics |
7.1 Latvia Knife Market Export to Major Countries |
7.2 Latvia Knife Market Imports from Major Countries |
8 Latvia Knife Market Key Performance Indicators |
9 Latvia Knife Market - Opportunity Assessment |
9.1 Latvia Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Knife Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Latvia Knife Market - Competitive Landscape |
10.1 Latvia Knife Market Revenue Share, By Companies, 2024 |
10.2 Latvia Knife 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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