| Product Code: ETC5084511 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see significant imports of pasta, with top countries like Italy, Lithuania, and Estonia leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 8.97%, highlighting sustained demand. However, a slight decline in the growth rate from 2023 to 2024 at -1.83% may indicate some market fluctuations or external factors affecting the import shipments of pasta into Latvia.

The Pasta market in Latvia is projected to grow at a stable growth rate of 3.12% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Pasta Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pasta Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pasta Market - Industry Life Cycle |
3.4 Latvia Pasta Market - Porter's Five Forces |
3.5 Latvia Pasta Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Latvia Pasta Market Revenues & Volume Share, By Product Raw Materials, 2021 & 2031F |
3.7 Latvia Pasta Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Pasta Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of pasta consumption |
4.2.2 Growing popularity of convenience foods due to busy lifestyles |
4.2.3 Rising demand for diverse pasta varieties and flavors in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of key ingredients such as wheat and durum semolina |
4.3.2 Intense competition from other convenience food products |
4.3.3 Changing consumer preferences towards low-carb or gluten-free diets |
5 Latvia Pasta Market Trends |
6 Latvia Pasta Market Segmentations |
6.1 Latvia Pasta Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pasta Market Revenues & Volume, By Barley, 2021-2031F |
6.1.3 Latvia Pasta Market Revenues & Volume, By Durum Wheat Semolina, 2021-2031F |
6.1.4 Latvia Pasta Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Latvia Pasta Market Revenues & Volume, By Maize, 2021-2031F |
6.1.6 Latvia Pasta Market Revenues & Volume, By Rice, 2021-2031F |
6.1.7 Latvia Pasta Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Pasta Market, By Product Raw Materials |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pasta Market Revenues & Volume, By Canned/Preserved Pasta, 2021-2031F |
6.2.3 Latvia Pasta Market Revenues & Volume, By Fresh/Chilled Pasta, 2021-2031F |
6.2.4 Latvia Pasta Market Revenues & Volume, By Dried Pasta, 2021-2031F |
6.2.5 Latvia Pasta Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Pasta Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pasta Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3.3 Latvia Pasta Market Revenues & Volume, By Supermarkets, 2021-2031F |
6.3.4 Latvia Pasta Market Revenues & Volume, By Independent Small Groceries, 2021-2031F |
6.3.5 Latvia Pasta Market Revenues & Volume, By Discounters, 2021-2031F |
6.3.6 Latvia Pasta Market Revenues & Volume, By E-commerce Stores, 2021-2031F |
6.3.7 Latvia Pasta Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Pasta Market Import-Export Trade Statistics |
7.1 Latvia Pasta Market Export to Major Countries |
7.2 Latvia Pasta Market Imports from Major Countries |
8 Latvia Pasta Market Key Performance Indicators |
8.1 Average selling price of pasta products in Latvia |
8.2 Consumer engagement on social media platforms for pasta brands |
8.3 Number of new pasta product launches in the market |
9 Latvia Pasta Market - Opportunity Assessment |
9.1 Latvia Pasta Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Latvia Pasta Market Opportunity Assessment, By Product Raw Materials, 2021 & 2031F |
9.3 Latvia Pasta Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Pasta Market - Competitive Landscape |
10.1 Latvia Pasta Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pasta 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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