| Product Code: ETC13063477 | 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 |
Latvia`s pangasius import market in 2024 saw a shift in top exporting countries, with Vietnam leading the pack followed by Lithuania, Germany, Poland, and Netherlands. Despite a decrease in the HHI concentration level from very high to high in 2024, the overall CAGR from 2020 to 2024 remained negative at -0.1. The market experienced a significant decline in growth rate from 2023 to 2024 at -32.25%, indicating a challenging period for pangasius imports in Latvia. This data suggests a dynamic landscape and potential challenges for stakeholders in the 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 Pangasius Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pangasius Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pangasius Market - Industry Life Cycle |
3.4 Latvia Pangasius Market - Porter's Five Forces |
3.5 Latvia Pangasius Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Pangasius Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Pangasius Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Pangasius Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Pangasius Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming pangasius fish |
4.2.2 Growth in demand for affordable and sustainable seafood options |
4.2.3 Expansion of retail distribution channels for pangasius products in Latvia |
4.3 Market Restraints |
4.3.1 Concerns about environmental impact and sustainability of pangasius aquaculture |
4.3.2 Competition from other types of seafood products in the Latvian market |
4.3.3 Fluctuations in raw material prices affecting production costs |
5 Latvia Pangasius Market Trends |
6 Latvia Pangasius Market, By Types |
6.1 Latvia Pangasius Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pangasius Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Pangasius Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.1.4 Latvia Pangasius Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.1.5 Latvia Pangasius Market Revenues & Volume, By Processed, 2021 - 2031F |
6.1.6 Latvia Pangasius Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2 Latvia Pangasius Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pangasius Market Revenues & Volume, By Whole, 2021 - 2031F |
6.2.3 Latvia Pangasius Market Revenues & Volume, By Fillets, 2021 - 2031F |
6.2.4 Latvia Pangasius Market Revenues & Volume, By Nuggets, 2021 - 2031F |
6.2.5 Latvia Pangasius Market Revenues & Volume, By Marinated, 2021 - 2031F |
6.3 Latvia Pangasius Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pangasius Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.3 Latvia Pangasius Market Revenues & Volume, By Restaurants & Hotels, 2021 - 2031F |
6.3.4 Latvia Pangasius Market Revenues & Volume, By Household Consumption, 2021 - 2031F |
6.3.5 Latvia Pangasius Market Revenues & Volume, By Institutional Use, 2021 - 2031F |
6.4 Latvia Pangasius Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Pangasius Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.4.3 Latvia Pangasius Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Latvia Pangasius Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Latvia Pangasius Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
7 Latvia Pangasius Market Import-Export Trade Statistics |
7.1 Latvia Pangasius Market Export to Major Countries |
7.2 Latvia Pangasius Market Imports from Major Countries |
8 Latvia Pangasius Market Key Performance Indicators |
8.1 Average selling price of pangasius products in Latvia |
8.2 Number of new product launches in the pangasius market |
8.3 Consumer satisfaction levels with pangasius product quality and availability |
9 Latvia Pangasius Market - Opportunity Assessment |
9.1 Latvia Pangasius Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Pangasius Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Pangasius Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Pangasius Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Pangasius Market - Competitive Landscape |
10.1 Latvia Pangasius Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pangasius 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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