| Product Code: ETC7916872 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of nut-based spreads into Latvia in 2024 continued to see a high level of concentration, with Lithuania, Poland, China, Bulgaria, and Germany emerging as the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 11.38%. This indicates sustained interest and demand for nut-based spreads in the Latvian market, with key suppliers maintaining a prominent position in catering to consumer preferences.

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 Nut-Based Spreads Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nut-Based Spreads Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nut-Based Spreads Market - Industry Life Cycle |
3.4 Latvia Nut-Based Spreads Market - Porter's Five Forces |
3.5 Latvia Nut-Based Spreads Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Nut-Based Spreads Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Nut-Based Spreads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a preference for natural and nutritious food products. |
4.2.2 Growing awareness about the benefits of nut-based spreads in a balanced diet. |
4.2.3 Rising demand for plant-based and vegan food products in the market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of nuts impacting the production cost of nut-based spreads. |
4.3.2 Limited availability of raw materials in the region affecting the supply chain. |
4.3.3 Competition from substitute products in the spreads category such as fruit preserves and chocolate spreads. |
5 Latvia Nut-Based Spreads Market Trends |
6 Latvia Nut-Based Spreads Market, By Types |
6.1 Latvia Nut-Based Spreads Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nut-Based Spreads Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Nut-Based Spreads Market Revenues & Volume, By Peanut Based Spreads, 2021- 2031F |
6.1.4 Latvia Nut-Based Spreads Market Revenues & Volume, By Hazelnut Based Spreads, 2021- 2031F |
6.1.5 Latvia Nut-Based Spreads Market Revenues & Volume, By Almond Based Spreads, 2021- 2031F |
6.1.6 Latvia Nut-Based Spreads Market Revenues & Volume, By Walnut Based Spreads, 2021- 2031F |
6.1.7 Latvia Nut-Based Spreads Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Nut-Based Spreads Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nut-Based Spreads Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Nut-Based Spreads Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Nut-Based Spreads Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 Latvia Nut-Based Spreads Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Latvia Nut-Based Spreads Market Import-Export Trade Statistics |
7.1 Latvia Nut-Based Spreads Market Export to Major Countries |
7.2 Latvia Nut-Based Spreads Market Imports from Major Countries |
8 Latvia Nut-Based Spreads Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for nut-based spreads brands. |
8.2 Number of new product launches and innovations in the nut-based spreads market. |
8.3 Growth in the number of distribution channels offering nut-based spreads in Latvia. |
9 Latvia Nut-Based Spreads Market - Opportunity Assessment |
9.1 Latvia Nut-Based Spreads Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Nut-Based Spreads Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Nut-Based Spreads Market - Competitive Landscape |
10.1 Latvia Nut-Based Spreads Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nut-Based Spreads 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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