| Product Code: ETC13128181 | Publication Date: Apr 2025 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to heavily rely on imports of potato and yam derivatives, with top exporting countries being Netherlands, Germany, Sweden, Belgium, and Lithuania. The market concentration, as measured by the HHI, remained very high, indicating a limited number of dominant suppliers. Despite a modest compound annual growth rate (CAGR) of 0.58% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -10.21%. This suggests potential challenges or shifts in the market dynamics that impacted import shipments of potato and yam derivatives in Latvia.

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 Yam Derivatives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Potato Yam Derivatives Market Revenues & Volume, 2022 & 2032F |
3.3 Latvia Potato Yam Derivatives Market - Industry Life Cycle |
3.4 Latvia Potato Yam Derivatives Market - Porter's Five Forces |
3.5 Latvia Potato Yam Derivatives Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Latvia Potato Yam Derivatives Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Latvia Potato Yam Derivatives Market Revenues & Volume Share, By End Use, 2022 & 2032F |
3.8 Latvia Potato Yam Derivatives Market Revenues & Volume Share, By Formulation, 2022 & 2032F |
3.9 Latvia Potato Yam Derivatives Market Revenues & Volume Share, By Processing, 2022 & 2032F |
4 Latvia Potato Yam Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for healthy and natural food products |
4.2.2 Growing awareness about the nutritional benefits of potato and yam derivatives |
4.2.3 Rising trend of vegetarian and vegan diets |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Seasonal variations affecting the availability and pricing of potato and yam derivatives |
4.3.3 Stringent government regulations related to food safety and quality standards |
5 Latvia Potato Yam Derivatives Market Trends |
6 Latvia Potato Yam Derivatives Market, By Types |
6.1 Latvia Potato Yam Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Potato Yam Derivatives Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Latvia Potato Yam Derivatives Market Revenues & Volume, By Starch, 2022 - 2032F |
6.1.4 Latvia Potato Yam Derivatives Market Revenues & Volume, By Flour, 2022 - 2032F |
6.1.5 Latvia Potato Yam Derivatives Market Revenues & Volume, By Extract, 2022 - 2032F |
6.1.6 Latvia Potato Yam Derivatives Market Revenues & Volume, By Dietary Fiber, 2022 - 2032F |
6.1.7 Latvia Potato Yam Derivatives Market Revenues & Volume, By Protein Concentrates, 2022 - 2032F |
6.2 Latvia Potato Yam Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Potato Yam Derivatives Market Revenues & Volume, By Food Thickening, 2022 - 2032F |
6.2.3 Latvia Potato Yam Derivatives Market Revenues & Volume, By Baking, 2022 - 2032F |
6.2.4 Latvia Potato Yam Derivatives Market Revenues & Volume, By Nutraceuticals, 2022 - 2032F |
6.2.5 Latvia Potato Yam Derivatives Market Revenues & Volume, By Functional Foods, 2022 - 2032F |
6.2.6 Latvia Potato Yam Derivatives Market Revenues & Volume, By Animal Feed, 2022 - 2032F |
6.3 Latvia Potato Yam Derivatives Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Potato Yam Derivatives Market Revenues & Volume, By Food Processing, 2022 - 2032F |
6.3.3 Latvia Potato Yam Derivatives Market Revenues & Volume, By Bakery Industry, 2022 - 2032F |
6.3.4 Latvia Potato Yam Derivatives Market Revenues & Volume, By Healthcare, 2022 - 2032F |
6.3.5 Latvia Potato Yam Derivatives Market Revenues & Volume, By Health Supplements, 2022 - 2032F |
6.3.6 Latvia Potato Yam Derivatives Market Revenues & Volume, By Livestock Industry, 2022 - 2032F |
6.4 Latvia Potato Yam Derivatives Market, By Formulation |
6.4.1 Overview and Analysis |
6.4.2 Latvia Potato Yam Derivatives Market Revenues & Volume, By Powder, 2022 - 2032F |
6.4.3 Latvia Potato Yam Derivatives Market Revenues & Volume, By Granules, 2022 - 2032F |
6.4.4 Latvia Potato Yam Derivatives Market Revenues & Volume, By Liquid, 2022 - 2032F |
6.4.5 Latvia Potato Yam Derivatives Market Revenues & Volume, By Flakes, 2022 - 2032F |
6.4.6 Latvia Potato Yam Derivatives Market Revenues & Volume, By Pellets, 2022 - 2032F |
6.5 Latvia Potato Yam Derivatives Market, By Processing |
6.5.1 Overview and Analysis |
6.5.2 Latvia Potato Yam Derivatives Market Revenues & Volume, By Dehydration, 2022 - 2032F |
6.5.3 Latvia Potato Yam Derivatives Market Revenues & Volume, By Milling, 2022 - 2032F |
6.5.4 Latvia Potato Yam Derivatives Market Revenues & Volume, By Extraction, 2022 - 2032F |
6.5.5 Latvia Potato Yam Derivatives Market Revenues & Volume, By Spray Drying, 2022 - 2032F |
6.5.6 Latvia Potato Yam Derivatives Market Revenues & Volume, By Extrusion, 2022 - 2032F |
7 Latvia Potato Yam Derivatives Market Import-Export Trade Statistics |
7.1 Latvia Potato Yam Derivatives Market Export to Major Countries |
7.2 Latvia Potato Yam Derivatives Market Imports from Major Countries |
8 Latvia Potato Yam Derivatives Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms related to potato and yam derivatives |
8.2 Number of new product launches in the potato and yam derivatives market |
8.3 Growth in the number of specialty stores or online platforms offering potato and yam derivative products |
9 Latvia Potato Yam Derivatives Market - Opportunity Assessment |
9.1 Latvia Potato Yam Derivatives Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Latvia Potato Yam Derivatives Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Latvia Potato Yam Derivatives Market Opportunity Assessment, By End Use, 2022 & 2032F |
9.4 Latvia Potato Yam Derivatives Market Opportunity Assessment, By Formulation, 2022 & 2032F |
9.5 Latvia Potato Yam Derivatives Market Opportunity Assessment, By Processing, 2022 & 2032F |
10 Latvia Potato Yam Derivatives Market - Competitive Landscape |
10.1 Latvia Potato Yam Derivatives Market Revenue Share, By Companies, 2025 |
10.2 Latvia Potato Yam Derivatives 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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