| Product Code: ETC7916897 | 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 |
In 2024, Latvia continued to see a significant influx of nuts and nutmeals imports, with top exporting countries including Netherlands, Philippines, Lithuania, Germany, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 17.19% from 2020 to 2024 highlights a flourishing industry. Although the growth rate slightly dipped to 1.09% in 2024 compared to the previous year, the overall trend suggests a continued upward trajectory for the nuts and nutmeals 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 & Nutmeals Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nuts & Nutmeals Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nuts & Nutmeals Market - Industry Life Cycle |
3.4 Latvia Nuts & Nutmeals Market - Porter's Five Forces |
3.5 Latvia Nuts & Nutmeals Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Latvia Nuts & Nutmeals Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Nuts & Nutmeals Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Nuts & Nutmeals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of nuts and nutmeals |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Expansion of retail distribution channels for nuts and nutmeals |
4.3 Market Restraints |
4.3.1 Fluctuating prices of nuts due to external factors like weather conditions |
4.3.2 Competition from alternative plant-based protein sources |
4.3.3 Regulatory challenges related to food safety and labeling |
5 Latvia Nuts & Nutmeals Market Trends |
6 Latvia Nuts & Nutmeals Market, By Types |
6.1 Latvia Nuts & Nutmeals Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nuts & Nutmeals Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Latvia Nuts & Nutmeals Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Latvia Nuts & Nutmeals Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Latvia Nuts & Nutmeals Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nuts & Nutmeals Market Revenues & Volume, By Almonds, 2021- 2031F |
6.2.3 Latvia Nuts & Nutmeals Market Revenues & Volume, By Peanuts, 2021- 2031F |
6.2.4 Latvia Nuts & Nutmeals Market Revenues & Volume, By Hazelnuts, 2021- 2031F |
6.2.5 Latvia Nuts & Nutmeals Market Revenues & Volume, By Walnuts, 2021- 2031F |
6.2.6 Latvia Nuts & Nutmeals Market Revenues & Volume, By Cashew, 2021- 2031F |
6.2.7 Latvia Nuts & Nutmeals Market Revenues & Volume, By Pistachios, 2021- 2031F |
6.3 Latvia Nuts & Nutmeals Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nuts & Nutmeals Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.3.3 Latvia Nuts & Nutmeals Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.3.4 Latvia Nuts & Nutmeals Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.3.5 Latvia Nuts & Nutmeals Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Latvia Nuts & Nutmeals Market Import-Export Trade Statistics |
7.1 Latvia Nuts & Nutmeals Market Export to Major Countries |
7.2 Latvia Nuts & Nutmeals Market Imports from Major Countries |
8 Latvia Nuts & Nutmeals Market Key Performance Indicators |
8.1 Average selling price of nuts and nutmeals in the market |
8.2 Consumer engagement and interest in nut-based products through online searches and social media interactions |
8.3 Number of new product launches and innovations in the nuts and nutmeals segment |
9 Latvia Nuts & Nutmeals Market - Opportunity Assessment |
9.1 Latvia Nuts & Nutmeals Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Latvia Nuts & Nutmeals Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Nuts & Nutmeals Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Nuts & Nutmeals Market - Competitive Landscape |
10.1 Latvia Nuts & Nutmeals Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nuts & Nutmeals 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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