| Product Code: ETC4997795 | 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 mackerel import market in 2024 continued to be dominated by key suppliers such as the UK, Faroe Islands, Iceland, Greenland, and Sweden. Despite a negative Compound Annual Growth Rate (CAGR) of -4.14% from 2020 to 2024, the market showed a positive growth rate of 6.75% in 2024 alone. The high concentration of the Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape, with opportunities for strategic partnerships and market expansion in the coming years.

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 Mackerel Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mackerel Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mackerel Market - Industry Life Cycle |
3.4 Latvia Mackerel Market - Porter's Five Forces |
3.5 Latvia Mackerel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Mackerel Market Revenues & Volume Share, By Catch Type, 2021 & 2031F |
3.7 Latvia Mackerel Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Latvia Mackerel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of consuming mackerel. |
4.2.2 Growing demand for seafood products in Latvia. |
4.2.3 Favorable government regulations supporting the fishing industry. |
4.3 Market Restraints |
4.3.1 Fluctuations in mackerel supply due to environmental factors. |
4.3.2 Competition from other fish species in the seafood market. |
4.3.3 Price volatility in the global seafood market impacting mackerel prices. |
5 Latvia Mackerel Market Trends |
6 Latvia Mackerel Market Segmentations |
6.1 Latvia Mackerel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mackerel Market Revenues & Volume, By Atka Mackerel, 2021-2031F |
6.1.3 Latvia Mackerel Market Revenues & Volume, By Spanish Mackerel, 2021-2031F |
6.1.4 Latvia Mackerel Market Revenues & Volume, By Horse Mackerel, 2021-2031F |
6.1.5 Latvia Mackerel Market Revenues & Volume, By King Mackerel, 2021-2031F |
6.1.6 Latvia Mackerel Market Revenues & Volume, By Atlantic Mackerel, 2021-2031F |
6.1.7 Latvia Mackerel Market Revenues & Volume, By Pacific Mackerel, 2021-2031F |
6.2 Latvia Mackerel Market, By Catch Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mackerel Market Revenues & Volume, By Wild Catch, 2021-2031F |
6.2.3 Latvia Mackerel Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.3 Latvia Mackerel Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Latvia Mackerel Market Revenues & Volume, By Fresh Mackerel, 2021-2031F |
6.3.3 Latvia Mackerel Market Revenues & Volume, By Frozen And Processed Mackerel, 2021-2031F |
6.3.4 Latvia Mackerel Market Revenues & Volume, By Fresh Mackerel Fillets, 2021-2031F |
6.3.5 Latvia Mackerel Market Revenues & Volume, By Frozen Mackerel Fillets, 2021-2031F |
7 Latvia Mackerel Market Import-Export Trade Statistics |
7.1 Latvia Mackerel Market Export to Major Countries |
7.2 Latvia Mackerel Market Imports from Major Countries |
8 Latvia Mackerel Market Key Performance Indicators |
8.1 Average selling price of mackerel in Latvia. |
8.2 Percentage of mackerel imports compared to domestic production. |
8.3 Consumer perception and satisfaction with the quality of mackerel products in the market. |
9 Latvia Mackerel Market - Opportunity Assessment |
9.1 Latvia Mackerel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Mackerel Market Opportunity Assessment, By Catch Type, 2021 & 2031F |
9.3 Latvia Mackerel Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Latvia Mackerel Market - Competitive Landscape |
10.1 Latvia Mackerel Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mackerel 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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