| Product Code: ETC7917872 | 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 |
Latvia continues to see a diverse range of countries exporting packaging peanuts in 2024, with Germany, Poland, Lithuania, China, and Italy leading the pack. The Herfindahl-Hirschman Index (HHI) reflecting market concentration remained low, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 stands at a healthy 7.26%, suggesting steady expansion in the market for packaging peanuts 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 Packaging Peanut Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Packaging Peanut Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Packaging Peanut Market - Industry Life Cycle |
3.4 Latvia Packaging Peanut Market - Porter's Five Forces |
3.5 Latvia Packaging Peanut Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Packaging Peanut Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Packaging Peanut Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly packaging solutions |
4.2.2 Growth in the e-commerce industry leading to higher need for packaging materials |
4.2.3 Innovation in packaging technologies driving the adoption of packaging peanuts |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Environmental concerns associated with the disposal of packaging peanuts |
5 Latvia Packaging Peanut Market Trends |
6 Latvia Packaging Peanut Market, By Types |
6.1 Latvia Packaging Peanut Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Packaging Peanut Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Packaging Peanut Market Revenues & Volume, By Polystyrene Packaging Peanut, 2021- 2031F |
6.1.4 Latvia Packaging Peanut Market Revenues & Volume, By Starch-based Packaging Peanut, 2021- 2031F |
6.2 Latvia Packaging Peanut Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Packaging Peanut Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.2.3 Latvia Packaging Peanut Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.2.4 Latvia Packaging Peanut Market Revenues & Volume, By Electrical and Electronics Industry, 2021- 2031F |
6.2.5 Latvia Packaging Peanut Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Packaging Peanut Market Import-Export Trade Statistics |
7.1 Latvia Packaging Peanut Market Export to Major Countries |
7.2 Latvia Packaging Peanut Market Imports from Major Countries |
8 Latvia Packaging Peanut Market Key Performance Indicators |
8.1 Percentage of packaging peanuts made from biodegradable materials |
8.2 Adoption rate of sustainable packaging solutions in the market |
8.3 Number of patents filed for packaging peanut innovations |
9 Latvia Packaging Peanut Market - Opportunity Assessment |
9.1 Latvia Packaging Peanut Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Packaging Peanut Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Packaging Peanut Market - Competitive Landscape |
10.1 Latvia Packaging Peanut Market Revenue Share, By Companies, 2024 |
10.2 Latvia Packaging Peanut 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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