| Product Code: ETC7917857 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s packaged sweets import market continued to see steady growth, with top suppliers being Lithuania, Ukraine, Poland, Netherlands, and Germany. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained moderate, reflecting a competitive landscape. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at a healthy 11.13%, with a notable growth rate of 3.56% in 2024 alone. This data suggests a sustainable demand for imported packaged sweets in Latvia, driven by a diverse range of suppliers 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 Packaged Sweets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaged Sweets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaged Sweets Market - Industry Life Cycle |
3.4 Latvia Packaged Sweets Market - Porter's Five Forces |
3.5 Latvia Packaged Sweets Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Packaged Sweets Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.7 Latvia Packaged Sweets Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Latvia Packaged Sweets Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Packaged Sweets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience foods |
4.2.2 Growing demand for premium and artisanal sweets |
4.2.3 Rising disposable income leading to higher spending on indulgent treats |
4.3 Market Restraints |
4.3.1 Health concerns and increasing awareness about sugar consumption |
4.3.2 Competition from healthier snack options |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Latvia Packaged Sweets Market Trends |
6 Latvia Packaged Sweets Market, By Types |
6.1 Latvia Packaged Sweets Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaged Sweets Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Packaged Sweets Market Revenues & Volume, By Rasgulla and Gulab Jamun, 2021- 2031F |
6.1.4 Latvia Packaged Sweets Market Revenues & Volume, By Barfi, 2021- 2031F |
6.1.5 Latvia Packaged Sweets Market Revenues & Volume, By Soan Papdi, 2021- 2031F |
6.1.6 Latvia Packaged Sweets Market Revenues & Volume, By Peda, 2021- 2031F |
6.1.7 Latvia Packaged Sweets Market Revenues & Volume, By Laddoo, 2021- 2031F |
6.1.8 Latvia Packaged Sweets Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Packaged Sweets Market, By Ingredient Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaged Sweets Market Revenues & Volume, By Milk and Milk Derivatives, 2021- 2031F |
6.2.3 Latvia Packaged Sweets Market Revenues & Volume, By Cereal and Pulses, 2021- 2031F |
6.2.4 Latvia Packaged Sweets Market Revenues & Volume, By Dry Fruits, 2021- 2031F |
6.2.5 Latvia Packaged Sweets Market Revenues & Volume, By Fruits and Vegetables, 2021- 2031F |
6.2.6 Latvia Packaged Sweets Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Packaged Sweets Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Packaged Sweets Market Revenues & Volume, By Boxes, 2021- 2031F |
6.3.3 Latvia Packaged Sweets Market Revenues & Volume, By Tin Cans, 2021- 2031F |
6.3.4 Latvia Packaged Sweets Market Revenues & Volume, By Plastic Containers, 2021- 2031F |
6.4 Latvia Packaged Sweets Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Packaged Sweets Market Revenues & Volume, By Own Brand Stores, 2021- 2031F |
6.4.3 Latvia Packaged Sweets Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.4 Latvia Packaged Sweets Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.4.5 Latvia Packaged Sweets Market Revenues & Volume, By E-Commerce, 2021- 2031F |
6.4.6 Latvia Packaged Sweets Market Revenues & Volume, By Milk Outlets, 2021- 2031F |
7 Latvia Packaged Sweets Market Import-Export Trade Statistics |
7.1 Latvia Packaged Sweets Market Export to Major Countries |
7.2 Latvia Packaged Sweets Market Imports from Major Countries |
8 Latvia Packaged Sweets Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the packaged sweets segment |
8.3 Customer satisfaction scores for various brands in the market |
9 Latvia Packaged Sweets Market - Opportunity Assessment |
9.1 Latvia Packaged Sweets Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Packaged Sweets Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.3 Latvia Packaged Sweets Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Latvia Packaged Sweets Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Packaged Sweets Market - Competitive Landscape |
10.1 Latvia Packaged Sweets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaged Sweets 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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