| Product Code: ETC5222831 | 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 potato chips import market in 2024 continued to be dominated by Lithuania, Poland, Germany, Sweden, and Estonia, reflecting a trend of high concentration with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 10.51%, indicating sustained expansion in the market. Although the growth rate from 2023 to 2024 slightly decreased to 1.27%, the overall trajectory suggests a steady demand for imported potato chips in Latvia.

By 2027, the Potato Chips market in Latvia is anticipated to reach a growth rate of 3.80%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Potato Chips Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potato Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Potato Chips Market - Industry Life Cycle |
3.4 Latvia Potato Chips Market - Porter's Five Forces |
3.5 Latvia Potato Chips Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.6 Latvia Potato Chips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Potato Chips Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Potato Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient snacking options |
4.2.2 Growing demand for flavored and premium potato chips |
4.2.3 Rising disposable income leading to higher spending on snacks |
4.3 Market Restraints |
4.3.1 Health concerns related to high fat and salt content in potato chips |
4.3.2 Competition from healthier snack alternatives in the market |
5 Latvia Potato Chips Market Trends |
6 Latvia Potato Chips Market Segmentations |
6.1 Latvia Potato Chips Market, By Flavor |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potato Chips Market Revenues & Volume, By Plain/Salted, 2021-2031F |
6.1.3 Latvia Potato Chips Market Revenues & Volume, By Flavored, 2021-2031F |
6.2 Latvia Potato Chips Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potato Chips Market Revenues & Volume, By Baked, 2021-2031F |
6.2.3 Latvia Potato Chips Market Revenues & Volume, By Fried, 2021-2031F |
6.3 Latvia Potato Chips Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Potato Chips Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.3.3 Latvia Potato Chips Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Latvia Potato Chips Market Revenues & Volume, By Specialist Stores, 2021-2031F |
6.3.5 Latvia Potato Chips Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.3.6 Latvia Potato Chips Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Potato Chips Market Import-Export Trade Statistics |
7.1 Latvia Potato Chips Market Export to Major Countries |
7.2 Latvia Potato Chips Market Imports from Major Countries |
8 Latvia Potato Chips Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for potato chip brands |
8.2 Rate of new product development and innovation in the potato chips market |
8.3 Number of distribution channels and points of sale for potato chips in Latvia |
9 Latvia Potato Chips Market - Opportunity Assessment |
9.1 Latvia Potato Chips Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.2 Latvia Potato Chips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Potato Chips Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Potato Chips Market - Competitive Landscape |
10.1 Latvia Potato Chips Market Revenue Share, By Companies, 2024 |
10.2 Latvia Potato Chips 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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