| Product Code: ETC5019873 | 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 |
Latvia`s peanut import market in 2024 continues to see a high level of concentration, with top exporters being Argentina, Lithuania, Uzbekistan, Poland, and Germany. The Herfindahl-Hirschman Index (HHI) indicates this concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stands at 1.56%, showing steady growth. Notably, the growth rate from 2023 to 2024 is a promising 6.25%, reflecting a potential uptick in demand for peanuts in Latvia. This data suggests a stable market with room for further expansion and diversification in the coming years.

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 Peanuts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Peanuts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Peanuts Market - Industry Life Cycle |
3.4 Latvia Peanuts Market - Porter's Five Forces |
3.5 Latvia Peanuts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Peanuts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Peanuts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Peanuts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of peanuts |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Rising popularity of peanut-based products in the snack industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw peanuts due to weather conditions |
4.3.2 Competition from other nuts and snack options |
4.3.3 Regulatory challenges related to food safety and labeling requirements |
5 Latvia Peanuts Market Trends |
6 Latvia Peanuts Market Segmentations |
6.1 Latvia Peanuts Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Peanuts Market Revenues & Volume, By Raw, 2021-2031F |
6.1.3 Latvia Peanuts Market Revenues & Volume, By Roasted, 2021-2031F |
6.1.4 Latvia Peanuts Market Revenues & Volume, By Blanched, 2021-2031F |
6.1.5 Latvia Peanuts Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Latvia Peanuts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Peanuts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Peanuts Market Revenues & Volume, By Direct Consumption/Culinary Purpose, 2021-2031F |
6.2.3 Latvia Peanuts Market Revenues & Volume, By Bakery and Confectionery, 2021-2031F |
6.2.4 Latvia Peanuts Market Revenues & Volume, By Peanut Butter, 2021-2031F |
6.3 Latvia Peanuts Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Peanuts Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021-2031F |
6.3.3 Latvia Peanuts Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Latvia Peanuts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
7 Latvia Peanuts Market Import-Export Trade Statistics |
7.1 Latvia Peanuts Market Export to Major Countries |
7.2 Latvia Peanuts Market Imports from Major Countries |
8 Latvia Peanuts Market Key Performance Indicators |
8.1 Percentage of households consuming peanuts or peanut products |
8.2 Number of new product launches featuring peanuts |
8.3 Average revenue per capita from peanut product sales |
9 Latvia Peanuts Market - Opportunity Assessment |
9.1 Latvia Peanuts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Peanuts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Peanuts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Peanuts Market - Competitive Landscape |
10.1 Latvia Peanuts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Peanuts 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.
To discover high-growth global markets and optimize your business strategy:
Click Here