| Product Code: ETC4989682 | 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 import of nuts to Latvia in 2024 continued to show strong growth, with top exporting countries being the Netherlands, Philippines, Lithuania, Germany, and Poland. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 17.19% from 2020 to 2024 highlights the increasing demand for nuts in Latvia. Although the growth rate slightly slowed in 2024 compared to the previous year, at 1.09%, the overall trend remains positive for the nuts 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 Nuts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nuts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nuts Market - Industry Life Cycle |
3.4 Latvia Nuts Market - Porter's Five Forces |
3.5 Latvia Nuts Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Nuts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Nuts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of nuts |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Rising disposable income leading to higher spending on premium nuts products |
4.3 Market Restraints |
4.3.1 Seasonal variations in nut production impacting supply |
4.3.2 Fluctuating prices of nuts due to global market trends |
4.3.3 Competition from other snack options in the market |
5 Latvia Nuts Market Trends |
6 Latvia Nuts Market Segmentations |
6.1 Latvia Nuts Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nuts Market Revenues & Volume, By Almonds, 2021-2031F |
6.1.3 Latvia Nuts Market Revenues & Volume, By Peanuts, 2021-2031F |
6.1.4 Latvia Nuts Market Revenues & Volume, By Cashew, 2021-2031F |
6.1.5 Latvia Nuts Market Revenues & Volume, By Walnuts, 2021-2031F |
6.1.6 Latvia Nuts Market Revenues & Volume, By Hazelnuts, 2021-2031F |
6.1.7 Latvia Nuts Market Revenues & Volume, By Pistachios, 2021-2031F |
6.2 Latvia Nuts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nuts Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Latvia Nuts Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Nuts Market Import-Export Trade Statistics |
7.1 Latvia Nuts Market Export to Major Countries |
7.2 Latvia Nuts Market Imports from Major Countries |
8 Latvia Nuts Market Key Performance Indicators |
8.1 Nut consumption per capita in Latvia |
8.2 Number of new product launches in the nut market |
8.3 Percentage of retail shelf space dedicated to nuts in supermarkets |
8.4 Consumer sentiment towards nuts through surveys or focus groups |
8.5 Social media engagement and mentions related to nuts in Latvia |
9 Latvia Nuts Market - Opportunity Assessment |
9.1 Latvia Nuts Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Nuts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Nuts Market - Competitive Landscape |
10.1 Latvia Nuts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nuts 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