| Product Code: ETC13053301 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The packaged soup import market in Latvia continues to be dominated by neighboring countries such as Lithuania, Poland, and Estonia, showcasing a high level of concentration. Despite a modest compound annual growth rate of 1.47% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -12.99%. This could indicate shifting consumer preferences or market dynamics impacting the import of packaged soups. Keeping a close eye on these trends will be crucial for stakeholders in the industry to adapt and capitalize on emerging opportunities.

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 Packaged Soup Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaged Soup Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaged Soup Market - Industry Life Cycle |
3.4 Latvia Packaged Soup Market - Porter's Five Forces |
3.5 Latvia Packaged Soup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaged Soup Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Packaged Soup Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Latvia Packaged Soup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Packaged Soup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about convenience and ready-to-eat food products |
4.2.2 Growing demand for healthy and nutritious food options |
4.2.3 Busy lifestyles leading to higher preference for quick meal solutions |
4.3 Market Restraints |
4.3.1 Competition from fresh, homemade soups |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Limited product innovation and variety in the market |
5 Latvia Packaged Soup Market Trends |
6 Latvia Packaged Soup Market, By Types |
6.1 Latvia Packaged Soup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaged Soup Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Packaged Soup Market Revenues & Volume, By Tomato Soup, 2021 - 2031F |
6.1.4 Latvia Packaged Soup Market Revenues & Volume, By Chicken Soup, 2021 - 2031F |
6.1.5 Latvia Packaged Soup Market Revenues & Volume, By Mushroom Soup, 2021 - 2031F |
6.1.6 Latvia Packaged Soup Market Revenues & Volume, By Vegetable Soup, 2021 - 2031F |
6.2 Latvia Packaged Soup Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaged Soup Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.2.3 Latvia Packaged Soup Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.4 Latvia Packaged Soup Market Revenues & Volume, By Instant, 2021 - 2031F |
6.2.5 Latvia Packaged Soup Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.3 Latvia Packaged Soup Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaged Soup Market Revenues & Volume, By Cartons, 2021 - 2031F |
6.3.3 Latvia Packaged Soup Market Revenues & Volume, By Cans, 2021 - 2031F |
6.3.4 Latvia Packaged Soup Market Revenues & Volume, By Pouches, 2021 - 2031F |
6.3.5 Latvia Packaged Soup Market Revenues & Volume, By Glass Jars, 2021 - 2031F |
6.4 Latvia Packaged Soup Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaged Soup Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.4.3 Latvia Packaged Soup Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Latvia Packaged Soup Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.4.5 Latvia Packaged Soup Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Latvia Packaged Soup Market Import-Export Trade Statistics |
7.1 Latvia Packaged Soup Market Export to Major Countries |
7.2 Latvia Packaged Soup Market Imports from Major Countries |
8 Latvia Packaged Soup Market Key Performance Indicators |
8.1 Percentage of households purchasing packaged soups regularly |
8.2 Number of new product launches in the packaged soup segment |
8.3 Consumer satisfaction and repeat purchase rate for packaged soup products. |
9 Latvia Packaged Soup Market - Opportunity Assessment |
9.1 Latvia Packaged Soup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaged Soup Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Packaged Soup Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Latvia Packaged Soup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Packaged Soup Market - Competitive Landscape |
10.1 Latvia Packaged Soup Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaged Soup 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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