| Product Code: ETC5203679 | 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 pickled herring import market saw significant growth in 2024, with top suppliers including China, Italy, Croatia, Germany, and Poland. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market. The impressive compound annual growth rate (CAGR) of 46.81% from 2020 to 2024 highlights the increasing demand for pickled herring in Latvia. Moreover, the remarkable growth rate of 109.67% from 2023 to 2024 suggests a booming market for this seafood delicacy. This data signals a lucrative opportunity for businesses looking to enter or expand within the Latvian pickled herring import industry.

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 Pickled Herring Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pickled Herring Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pickled Herring Market - Industry Life Cycle |
3.4 Latvia Pickled Herring Market - Porter's Five Forces |
3.5 Latvia Pickled Herring Market Revenues & Volume Share, By Sauce Type, 2021 & 2031F |
3.6 Latvia Pickled Herring Market Revenues & Volume Share, By Cut Type, 2021 & 2031F |
3.7 Latvia Pickled Herring Market Revenues & Volume Share, By Buyer Type, 2021 & 2031F |
3.8 Latvia Pickled Herring Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Pickled Herring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer interest in healthy and sustainable food choices |
4.2.2 Increasing awareness of the health benefits of omega-3 fatty acids found in herring |
4.2.3 Rising demand for traditional and artisanal food products in the market |
4.3 Market Restraints |
4.3.1 Seasonal availability of herring impacting supply chain and production |
4.3.2 Price volatility of key ingredients affecting production costs |
4.3.3 Intense competition from substitute products in the seafood market |
5 Latvia Pickled Herring Market Trends |
6 Latvia Pickled Herring Market Segmentations |
6.1 Latvia Pickled Herring Market, By Sauce Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pickled Herring Market Revenues & Volume, By Wine Sauce, 2021-2031F |
6.1.3 Latvia Pickled Herring Market Revenues & Volume, By Cream Sauce, 2021-2031F |
6.1.4 Latvia Pickled Herring Market Revenues & Volume, By Home Style, 2021-2031F |
6.1.5 Latvia Pickled Herring Market Revenues & Volume, By Swedish Style, 2021-2031F |
6.1.6 Latvia Pickled Herring Market Revenues & Volume, By Mustard Dill Sauce, 2021-2031F |
6.1.7 Latvia Pickled Herring Market Revenues & Volume, By Cajun Sauce, 2021-2031F |
6.2 Latvia Pickled Herring Market, By Cut Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pickled Herring Market Revenues & Volume, By Bites, 2021-2031F |
6.2.3 Latvia Pickled Herring Market Revenues & Volume, By Roll Mops, 2021-2031F |
6.2.4 Latvia Pickled Herring Market Revenues & Volume, By Fillets, 2021-2031F |
6.3 Latvia Pickled Herring Market, By Buyer Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Pickled Herring Market Revenues & Volume, By Individuals, 2021-2031F |
6.3.3 Latvia Pickled Herring Market Revenues & Volume, By Commercial/HoReCa, 2021-2031F |
6.4 Latvia Pickled Herring Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Pickled Herring Market Revenues & Volume, By Offline Sales, 2021-2031F |
6.4.3 Latvia Pickled Herring Market Revenues & Volume, By Online Sales, 2021-2031F |
7 Latvia Pickled Herring Market Import-Export Trade Statistics |
7.1 Latvia Pickled Herring Market Export to Major Countries |
7.2 Latvia Pickled Herring Market Imports from Major Countries |
8 Latvia Pickled Herring Market Key Performance Indicators |
8.1 Consumer engagement with herring-related content on social media platforms |
8.2 Number of new product launches or innovations in the pickled herring segment |
8.3 Percentage of repeat purchases by consumers in the target market |
9 Latvia Pickled Herring Market - Opportunity Assessment |
9.1 Latvia Pickled Herring Market Opportunity Assessment, By Sauce Type, 2021 & 2031F |
9.2 Latvia Pickled Herring Market Opportunity Assessment, By Cut Type, 2021 & 2031F |
9.3 Latvia Pickled Herring Market Opportunity Assessment, By Buyer Type, 2021 & 2031F |
9.4 Latvia Pickled Herring Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Pickled Herring Market - Competitive Landscape |
10.1 Latvia Pickled Herring Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pickled Herring 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