| Product Code: ETC7914875 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The maize seed import market in Latvia saw a significant increase in concentration levels in 2024, with a handful of top exporting countries dominating the market. Russia, Metropolitan France, Ukraine, Germany, and Czechia emerged as the key players in supplying maize seeds to Latvia. The industry exhibited remarkable growth with a high compound annual growth rate (CAGR) of 49.44% from 2020 to 2024. The growth rate in 2024 alone surged to an impressive 265.07%, indicating a booming demand for maize seeds in Latvia. This trend underscores the strong market potential and opportunities for both suppliers and stakeholders in the maize seed import sector.

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 Maize Seed Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Maize Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Maize Seed Market - Industry Life Cycle |
3.4 Latvia Maize Seed Market - Porter's Five Forces |
3.5 Latvia Maize Seed Market Revenues & Volume Share, By Breeding Technology, 2021 & 2031F |
4 Latvia Maize Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for maize products in the food and livestock industries |
4.2.2 Government support for agriculture and maize production |
4.2.3 Technological advancements in seed breeding and genetic modification |
4.3 Market Restraints |
4.3.1 Weather variability and climate change impacting maize cultivation |
4.3.2 Competition from imported maize seeds |
4.3.3 Regulatory challenges and compliance requirements |
5 Latvia Maize Seed Market Trends |
6 Latvia Maize Seed Market, By Types |
6.1 Latvia Maize Seed Market, By Breeding Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Maize Seed Market Revenues & Volume, By Breeding Technology, 2021- 2031F |
6.1.3 Latvia Maize Seed Market Revenues & Volume, By Hybrids, 2021- 2031F |
6.1.4 Latvia Maize Seed Market Revenues & Volume, By Open Pollinated Varities, 2021- 2031F |
7 Latvia Maize Seed Market Import-Export Trade Statistics |
7.1 Latvia Maize Seed Market Export to Major Countries |
7.2 Latvia Maize Seed Market Imports from Major Countries |
8 Latvia Maize Seed Market Key Performance Indicators |
8.1 Adoption rate of hybrid maize seeds by farmers |
8.2 Yield per hectare of maize crops |
8.3 Rate of investment in research and development for maize seed technology |
9 Latvia Maize Seed Market - Opportunity Assessment |
9.1 Latvia Maize Seed Market Opportunity Assessment, By Breeding Technology, 2021 & 2031F |
10 Latvia Maize Seed Market - Competitive Landscape |
10.1 Latvia Maize Seed Market Revenue Share, By Companies, 2024 |
10.2 Latvia Maize Seed 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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