| Product Code: ETC13127989 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s potato import market saw steady growth in 2024, with key suppliers being Lithuania, Estonia, Poland, Sweden, and Germany. The market remained moderately concentrated with a moderate Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 26.83%, indicating a strong market expansion. Additionally, the growth rate in 2024 alone was 5.2%, showcasing continued momentum in potato imports. Overall, these trends suggest a robust and dynamic potato import market in Latvia with key players contributing to its growth.

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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potato Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Potato Market - Industry Life Cycle |
3.4 Latvia Potato Market - Porter's Five Forces |
3.5 Latvia Potato Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Potato Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Potato Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Potato Market Revenues & Volume Share, By Variety, 2021 & 2031F |
3.9 Latvia Potato Market Revenues & Volume Share, By Processing, 2021 & 2031F |
4 Latvia Potato Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of potatoes |
4.2.2 Growing demand for convenience food products containing potatoes |
4.2.3 Government initiatives supporting potato cultivation and processing industry |
4.3 Market Restraints |
4.3.1 Fluctuating weather conditions affecting potato yields |
4.3.2 Rising production costs impacting the profitability of potato farmers |
4.3.3 Competition from imported potatoes affecting local market prices |
5 Latvia Potato Market Trends |
6 Latvia Potato Market, By Types |
6.1 Latvia Potato Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potato Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Potato Market Revenues & Volume, By Fresh Potatoes, 2021 - 2031F |
6.1.4 Latvia Potato Market Revenues & Volume, By Processed Potatoes, 2021 - 2031F |
6.1.5 Latvia Potato Market Revenues & Volume, By Organic Potatoes, 2021 - 2031F |
6.1.6 Latvia Potato Market Revenues & Volume, By Specialty Potatoes, 2021 - 2031F |
6.1.7 Latvia Potato Market Revenues & Volume, By Seed Potatoes, 2021 - 2031F |
6.2 Latvia Potato Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potato Market Revenues & Volume, By Direct Consumption, 2021 - 2031F |
6.2.3 Latvia Potato Market Revenues & Volume, By Frozen Products, 2021 - 2031F |
6.2.4 Latvia Potato Market Revenues & Volume, By Organic Consumption, 2021 - 2031F |
6.2.5 Latvia Potato Market Revenues & Volume, By Gourmet Food, 2021 - 2031F |
6.2.6 Latvia Potato Market Revenues & Volume, By Cultivation, 2021 - 2031F |
6.3 Latvia Potato Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Potato Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Latvia Potato Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3.4 Latvia Potato Market Revenues & Volume, By Organic Farming, 2021 - 2031F |
6.3.5 Latvia Potato Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.3.6 Latvia Potato Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 Latvia Potato Market, By Variety |
6.4.1 Overview and Analysis |
6.4.2 Latvia Potato Market Revenues & Volume, By Russet, 2021 - 2031F |
6.4.3 Latvia Potato Market Revenues & Volume, By Yukon Gold, 2021 - 2031F |
6.4.4 Latvia Potato Market Revenues & Volume, By Red Potatoes, 2021 - 2031F |
6.4.5 Latvia Potato Market Revenues & Volume, By Purple Potatoes, 2021 - 2031F |
6.4.6 Latvia Potato Market Revenues & Volume, By Fingerling, 2021 - 2031F |
6.5 Latvia Potato Market, By Processing |
6.5.1 Overview and Analysis |
6.5.2 Latvia Potato Market Revenues & Volume, By Raw, 2021 - 2031F |
6.5.3 Latvia Potato Market Revenues & Volume, By Frozen, 2021 - 2031F |
6.5.4 Latvia Potato Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.5.5 Latvia Potato Market Revenues & Volume, By Cooked, 2021 - 2031F |
6.5.6 Latvia Potato Market Revenues & Volume, By Cultivation, 2021 - 2031F |
7 Latvia Potato Market Import-Export Trade Statistics |
7.1 Latvia Potato Market Export to Major Countries |
7.2 Latvia Potato Market Imports from Major Countries |
8 Latvia Potato Market Key Performance Indicators |
8.1 Average price of potatoes in the market |
8.2 Number of new potato-based products launched in the market |
8.3 Adoption rate of sustainable farming practices in the potato industry |
9 Latvia Potato Market - Opportunity Assessment |
9.1 Latvia Potato Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Potato Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Potato Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Potato Market Opportunity Assessment, By Variety, 2021 & 2031F |
9.5 Latvia Potato Market Opportunity Assessment, By Processing, 2021 & 2031F |
10 Latvia Potato Market - Competitive Landscape |
10.1 Latvia Potato Market Revenue Share, By Companies, 2024 |
10.2 Latvia Potato 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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