| Product Code: ETC10203829 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to see significant imports of processed fish, with key suppliers including Lithuania, Thailand, Germany, Croatia, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for competition. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 8.13%, reflecting sustained demand. Moreover, the growth rate from 2023 to 2024 stood at an impressive 7.95%, indicating a strong upward trend in processed fish imports to Latvia. This data underscores the importance of monitoring market dynamics and evolving consumer preferences in the industry.

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 Processed Fish Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Processed Fish Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Processed Fish Market - Industry Life Cycle |
3.4 Latvia Processed Fish Market - Porter's Five Forces |
3.5 Latvia Processed Fish Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Processed Fish Market Revenues & Volume Share, By Processing Method, 2021 & 2031F |
3.7 Latvia Processed Fish Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Processed Fish Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
4 Latvia Processed Fish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Processed Fish Market Trends |
6 Latvia Processed Fish Market, By Types |
6.1 Latvia Processed Fish Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Processed Fish Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Processed Fish Market Revenues & Volume, By Fresh Processed, 2021 - 2031F |
6.1.4 Latvia Processed Fish Market Revenues & Volume, By Frozen Processed, 2021 - 2031F |
6.1.5 Latvia Processed Fish Market Revenues & Volume, By Dried & Salted, 2021 - 2031F |
6.1.6 Latvia Processed Fish Market Revenues & Volume, By Ready-to-Eat, 2021 - 2031F |
6.2 Latvia Processed Fish Market, By Processing Method |
6.2.1 Overview and Analysis |
6.2.2 Latvia Processed Fish Market Revenues & Volume, By Smoked, 2021 - 2031F |
6.2.3 Latvia Processed Fish Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2.4 Latvia Processed Fish Market Revenues & Volume, By Fermented, 2021 - 2031F |
6.2.5 Latvia Processed Fish Market Revenues & Volume, By Marinated, 2021 - 2031F |
6.3 Latvia Processed Fish Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Processed Fish Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Latvia Processed Fish Market Revenues & Volume, By Food Service, 2021 - 2031F |
6.3.4 Latvia Processed Fish Market Revenues & Volume, By Institutional, 2021 - 2031F |
6.3.5 Latvia Processed Fish Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4 Latvia Processed Fish Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Processed Fish Market Revenues & Volume, By Vacuum Packaging, 2021 - 2031F |
6.4.3 Latvia Processed Fish Market Revenues & Volume, By Modified Atmosphere Packaging, 2021 - 2031F |
6.4.4 Latvia Processed Fish Market Revenues & Volume, By Plastic Trays, 2021 - 2031F |
6.4.5 Latvia Processed Fish Market Revenues & Volume, By Pouches, 2021 - 2031F |
7 Latvia Processed Fish Market Import-Export Trade Statistics |
7.1 Latvia Processed Fish Market Export to Major Countries |
7.2 Latvia Processed Fish Market Imports from Major Countries |
8 Latvia Processed Fish Market Key Performance Indicators |
9 Latvia Processed Fish Market - Opportunity Assessment |
9.1 Latvia Processed Fish Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Processed Fish Market Opportunity Assessment, By Processing Method, 2021 & 2031F |
9.3 Latvia Processed Fish Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Processed Fish Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
10 Latvia Processed Fish Market - Competitive Landscape |
10.1 Latvia Processed Fish Market Revenue Share, By Companies, 2024 |
10.2 Latvia Processed Fish 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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