Latvia Potato Market (2025-2031) | Analysis, Value, Competition, Segmentation, Challenges, Drivers, Supply, Share, Forecast, Revenue, Strategic Insights, Growth, Consumer Insights, Investment Trends, Companies, Size, Demand, Opportunities, Segments, Competitive, Restraints, Pricing Analysis, Trends, Outlook, Industry, Strategy

Market Forecast By Type (Fresh Potatoes, Processed Potatoes, Organic Potatoes, Specialty Potatoes, Seed Potatoes), By Application (Direct Consumption, Frozen Products, Organic Consumption, Gourmet Food, Cultivation), By End Use (Retail, Food Processing, Organic Farming, Restaurants, Agriculture), By Variety (Russet, Yukon Gold, Red Potatoes, Purple Potatoes, Fingerling), By Processing (Raw, Frozen, Fresh, Cooked, Cultivation) And Competitive Landscape
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 Potato Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Latvia Potato Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Potato Market Outlook
  • Market Size of Latvia Potato Market,2024
  • Forecast of Latvia Potato Market, 2031
  • Historical Data and Forecast of Latvia Potato Revenues & Volume for the Period 2021-2031
  • Latvia Potato Market Trend Evolution
  • Latvia Potato Market Drivers and Challenges
  • Latvia Potato Price Trends
  • Latvia Potato Porter's Five Forces
  • Latvia Potato Industry Life Cycle
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Fresh Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Processed Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Organic Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Specialty Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Seed Potatoes for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Direct Consumption for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Frozen Products for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Organic Consumption for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Gourmet Food for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Cultivation for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Retail for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Food Processing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Organic Farming for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Restaurants for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Agriculture for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Variety for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Russet for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Yukon Gold for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Red Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Purple Potatoes for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Fingerling for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Processing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Raw for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Fresh for the Period 2021-2031
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Cooked for the Period 2021 - 2029
  • Historical Data and Forecast of Latvia Potato Market Revenues & Volume By Cultivation for the Period 2021 - 2029
  • Latvia Potato Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Variety
  • Market Opportunity Assessment By Processing
  • Latvia Potato Top Companies Market Share
  • Latvia Potato Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Potato Company Profiles
  • Latvia Potato Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Potato Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Potato Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 assessment - trade Analytics for 2030

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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