| Product Code: ETC5395332 | 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 knife sharpener import shipments in 2024 continued to be sourced primarily from neighboring countries such as Germany, Lithuania, Estonia, Poland, and Hungary. Despite a moderate concentration level in the market, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -2.52% from 2020 to 2024. Furthermore, the growth rate in 2024 declined significantly by -14.12% compared to the previous year, suggesting a challenging environment for the knife sharpener import market 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 Knife Sharpener Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Knife Sharpener Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Knife Sharpener Market - Industry Life Cycle |
3.4 Latvia Knife Sharpener Market - Porter's Five Forces |
3.5 Latvia Knife Sharpener Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Knife Sharpener Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Knife Sharpener Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of knife maintenance and safety among consumers |
4.2.2 Growing demand for high-quality kitchen tools and accessories |
4.2.3 Rising popularity of cooking shows and DIY culinary trends in Latvia |
4.3 Market Restraints |
4.3.1 Competition from alternative sharpening methods such as professional services or electric sharpeners |
4.3.2 Economic fluctuations impacting consumer spending on non-essential items |
5 Latvia Knife Sharpener Market Trends |
6 Latvia Knife Sharpener Market Segmentations |
6.1 Latvia Knife Sharpener Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Knife Sharpener Market Revenues & Volume, By Electric Type, 2021-2031F |
6.1.3 Latvia Knife Sharpener Market Revenues & Volume, By Manual Type, 2021-2031F |
6.2 Latvia Knife Sharpener Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Knife Sharpener Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Latvia Knife Sharpener Market Revenues & Volume, By Restaurant, 2021-2031F |
7 Latvia Knife Sharpener Market Import-Export Trade Statistics |
7.1 Latvia Knife Sharpener Market Export to Major Countries |
7.2 Latvia Knife Sharpener Market Imports from Major Countries |
8 Latvia Knife Sharpener Market Key Performance Indicators |
8.1 Average number of knives owned per household |
8.2 Frequency of knife sharpening or maintenance activities reported by consumers |
8.3 Number of cooking-related workshops or events organized in Latvia |
8.4 Consumer satisfaction levels with different types of knife sharpening products available in the market |
9 Latvia Knife Sharpener Market - Opportunity Assessment |
9.1 Latvia Knife Sharpener Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Knife Sharpener Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Knife Sharpener Market - Competitive Landscape |
10.1 Latvia Knife Sharpener Market Revenue Share, By Companies, 2024 |
10.2 Latvia Knife Sharpener 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.
To discover high-growth global markets and optimize your business strategy:
Click Here