| Product Code: ETC4836732 | 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 |
In 2024, Latvia continued to rely heavily on imports of pulses, with Russia, Lithuania, Poland, Belarus, and Estonia being the top exporting countries. Despite a concerning high concentration level indicated by the HHI, the market showed a modest growth with a CAGR of 3.2% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024 at -56.23%, suggesting potential challenges or shifts in the market dynamics that stakeholders should monitor closely.

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 Pulses Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pulses Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pulses Market - Industry Life Cycle |
3.4 Latvia Pulses Market - Porter's Five Forces |
3.5 Latvia Pulses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Pulses Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Pulses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of pulses |
4.2.2 Growing demand for plant-based protein sources |
4.2.3 Government initiatives promoting sustainable agriculture practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of pulses due to weather conditions and global market trends |
4.3.2 Competition from other protein sources like meat and dairy products |
4.3.3 Lack of infrastructure for storage and processing of pulses |
5 Latvia Pulses Market Trends |
6 Latvia Pulses Market Segmentations |
6.1 Latvia Pulses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pulses Market Revenues & Volume, By Chick Peas, 2021-2031F |
6.1.3 Latvia Pulses Market Revenues & Volume, By Kaspa Peas, 2021-2031F |
6.1.4 Latvia Pulses Market Revenues & Volume, By Lentils, 2021-2031F |
6.1.5 Latvia Pulses Market Revenues & Volume, By Pigeon Peas, 2021-2031F |
6.1.6 Latvia Pulses Market Revenues & Volume, By Fava Beans, 2021-2031F |
6.1.7 Latvia Pulses Market Revenues & Volume, By Black Gram, 2021-2031F |
6.1.9 Latvia Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Pulses Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Pulses Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pulses Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 Latvia Pulses Market Revenues & Volume, By Snack Food Industry, 2021-2031F |
6.2.4 Latvia Pulses Market Revenues & Volume, By Flour Industry, 2021-2031F |
6.2.5 Latvia Pulses Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Pulses Market Import-Export Trade Statistics |
7.1 Latvia Pulses Market Export to Major Countries |
7.2 Latvia Pulses Market Imports from Major Countries |
8 Latvia Pulses Market Key Performance Indicators |
8.1 Percentage of agricultural land dedicated to pulse cultivation |
8.2 Adoption rate of sustainable farming practices in pulse cultivation |
8.3 Consumer sentiment towards pulses as a healthy food choice |
9 Latvia Pulses Market - Opportunity Assessment |
9.1 Latvia Pulses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Pulses Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Pulses Market - Competitive Landscape |
10.1 Latvia Pulses Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pulses 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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