| Product Code: ETC5824637 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s olive import market in 2024 continues to be dominated by key players such as Spain, Italy, Lithuania, Greece, and Sweden. Despite a slight decrease in growth rate from 2023 to 2024, with a notable -16.24%, the market still shows a steady overall growth with a CAGR of 3.48% from 2020 to 2024. The high concentration in market share, as indicated by the HHI, suggests a competitive landscape among these top exporting countries, emphasizing the importance of strategic positioning and market differentiation for continued success in the Latvian olive import market.

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 Olive Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Olive Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Olive Market - Industry Life Cycle |
3.4 Latvia Olive Market - Porter's Five Forces |
3.5 Latvia Olive Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.6 Latvia Olive Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.7 Latvia Olive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Latvia Olive Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Olive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a growing demand for healthier food options. |
4.2.2 Rising disposable income and changing consumer preferences towards Mediterranean cuisine. |
4.2.3 Growing awareness about the health benefits of olives and olive oil. |
4.3 Market Restraints |
4.3.1 Seasonality and climate conditions affecting olive production in Latvia. |
4.3.2 High import costs and limited availability of locally produced olives. |
4.3.3 Competition from other vegetable oils in the market. |
5 Latvia Olive Market Trends |
6 Latvia Olive Market Segmentations |
6.1 Latvia Olive Market, By End-users |
6.1.1 Overview and Analysis |
6.1.2 Latvia Olive Market Revenues & Volume, By Cosmetic and Personal Care Industry, 2021-2031F |
6.1.3 Latvia Olive Market Revenues & Volume, By Pharmaceuticals Industry, 2021-2031F |
6.1.4 Latvia Olive Market Revenues & Volume, By Food Industry, 2021-2031F |
6.1.5 Latvia Olive Market Revenues & Volume, By Food Service, 2021-2031F |
6.1.6 Latvia Olive Market Revenues & Volume, By Household, 2021-2031F |
6.2 Latvia Olive Market, By Product Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Olive Market Revenues & Volume, By Olive Oil, 2021-2031F |
6.2.3 Latvia Olive Market Revenues & Volume, By Raw Olive, 2021-2031F |
6.3 Latvia Olive Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Olive Market Revenues & Volume, By Green Olive, 2021-2031F |
6.3.3 Latvia Olive Market Revenues & Volume, By Black Olive, 2021-2031F |
6.4 Latvia Olive Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Olive Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 Latvia Olive Market Revenues & Volume, By Indirect, 2021-2031F |
7 Latvia Olive Market Import-Export Trade Statistics |
7.1 Latvia Olive Market Export to Major Countries |
7.2 Latvia Olive Market Imports from Major Countries |
8 Latvia Olive Market Key Performance Indicators |
8.1 Percentage increase in the consumption of olives and olive oil in Latvia. |
8.2 Number of new olive product launches in the market. |
8.3 Growth in the number of olive orchards or olive oil production facilities in Latvia. |
9 Latvia Olive Market - Opportunity Assessment |
9.1 Latvia Olive Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.2 Latvia Olive Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.3 Latvia Olive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Latvia Olive Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Olive Market - Competitive Landscape |
10.1 Latvia Olive Market Revenue Share, By Companies, 2024 |
10.2 Latvia Olive 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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