| Product Code: ETC13021429 | 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 |
In 2024, Latvia saw an increase in imports of popsicle machines, with Lithuania, Italy, Poland, Hungary, and Austria emerging as the top exporting countries. The market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable uptick in growth from 2023 to 2024, suggesting a potential resurgence in demand for popsicle machines in the Latvian 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 Popsicle Machine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Popsicle Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Popsicle Machine Market - Industry Life Cycle |
3.4 Latvia Popsicle Machine Market - Porter's Five Forces |
3.5 Latvia Popsicle Machine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Popsicle Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Popsicle Machine Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Popsicle Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Popsicle Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for frozen treats due to growing disposable income and changing consumer preferences. |
4.2.2 Introduction of innovative and technologically advanced popsicle machines. |
4.2.3 Rising trend of health-conscious consumers opting for natural and organic popsicles. |
4.3 Market Restraints |
4.3.1 High initial investment costs for purchasing popsicle machines. |
4.3.2 Seasonal demand fluctuations affecting sales throughout the year. |
4.3.3 Intense competition from existing and new market players. |
5 Latvia Popsicle Machine Market Trends |
6 Latvia Popsicle Machine Market, By Types |
6.1 Latvia Popsicle Machine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Popsicle Machine Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Popsicle Machine Market Revenues & Volume, By Manual, 2021 - 2031F |
6.1.4 Latvia Popsicle Machine Market Revenues & Volume, By Semi-Automatic, 2021 - 2031F |
6.1.5 Latvia Popsicle Machine Market Revenues & Volume, By Fully Automatic, 2021 - 2031F |
6.1.6 Latvia Popsicle Machine Market Revenues & Volume, By Customized, 2021 - 2031F |
6.2 Latvia Popsicle Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Popsicle Machine Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.3 Latvia Popsicle Machine Market Revenues & Volume, By Household, 2021 - 2031F |
6.2.4 Latvia Popsicle Machine Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.5 Latvia Popsicle Machine Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3 Latvia Popsicle Machine Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Popsicle Machine Market Revenues & Volume, By Food and Beverage Manufacturers, 2021 - 2031F |
6.3.3 Latvia Popsicle Machine Market Revenues & Volume, By Restaurants and Caf s, 2021 - 2031F |
6.3.4 Latvia Popsicle Machine Market Revenues & Volume, By Hotels and Catering, 2021 - 2031F |
6.3.5 Latvia Popsicle Machine Market Revenues & Volume, By Ice Cream Shops, 2021 - 2031F |
6.4 Latvia Popsicle Machine Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Popsicle Machine Market Revenues & Volume, By Automatic, 2021 - 2031F |
6.4.3 Latvia Popsicle Machine Market Revenues & Volume, By Smart Technology, 2021 - 2031F |
6.4.4 Latvia Popsicle Machine Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.4.5 Latvia Popsicle Machine Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Popsicle Machine Market Import-Export Trade Statistics |
7.1 Latvia Popsicle Machine Market Export to Major Countries |
7.2 Latvia Popsicle Machine Market Imports from Major Countries |
8 Latvia Popsicle Machine Market Key Performance Indicators |
8.1 Average number of new popsicle machine installations per month. |
8.2 Percentage of revenue from sales of eco-friendly popsicle machines. |
8.3 Customer satisfaction score related to the performance and reliability of popsicle machines. |
9 Latvia Popsicle Machine Market - Opportunity Assessment |
9.1 Latvia Popsicle Machine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Popsicle Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Popsicle Machine Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Popsicle Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Popsicle Machine Market - Competitive Landscape |
10.1 Latvia Popsicle Machine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Popsicle Machine 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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