| Product Code: ETC4992209 | 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 see a high concentration of red clover imports, with Lithuania, Poland, Belgium, Germany, and Estonia being the top exporting countries. The market experienced a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -29.9%, but showed a remarkable growth rate of 181.98% from 2023 to 2024. This indicates a shifting landscape in red clover imports to Latvia, possibly driven by changing consumer preferences or market dynamics. It will be crucial for market players to closely monitor these trends to capitalize on emerging opportunities.

In the Europe region, the Red Clover market in Latvia is projected to expand at a stable growth rate of 1.13% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Red Clover Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Red Clover Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Red Clover Market - Industry Life Cycle |
3.4 Latvia Red Clover Market - Porter's Five Forces |
3.5 Latvia Red Clover Market Revenues & Volume Share, By Forms, 2021 & 2031F |
3.6 Latvia Red Clover Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Red Clover Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of red clover |
4.2.2 Growing demand for natural and organic products |
4.2.3 Rising adoption of red clover in livestock feed industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of red clover due to external factors like weather conditions |
4.3.2 Limited availability of high-quality red clover seeds |
4.3.3 Competition from substitute products like alfalfa or soybean |
5 Latvia Red Clover Market Trends |
6 Latvia Red Clover Market Segmentations |
6.1 Latvia Red Clover Market, By Forms |
6.1.1 Overview and Analysis |
6.1.2 Latvia Red Clover Market Revenues & Volume, By Raw, 2021-2031F |
6.1.3 Latvia Red Clover Market Revenues & Volume, By Processed, 2021-2031F |
6.2 Latvia Red Clover Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Red Clover Market Revenues & Volume, By Cosmetics And Personal Care, 2021-2031F |
6.2.3 Latvia Red Clover Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Latvia Red Clover Market Revenues & Volume, By Food And Beverage, 2021-2031F |
6.2.5 Latvia Red Clover Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.6 Latvia Red Clover Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Latvia Red Clover Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Red Clover Market Import-Export Trade Statistics |
7.1 Latvia Red Clover Market Export to Major Countries |
7.2 Latvia Red Clover Market Imports from Major Countries |
8 Latvia Red Clover Market Key Performance Indicators |
8.1 Percentage increase in red clover cultivation area in Latvia |
8.2 Number of new product launches containing red clover |
8.3 Level of investment in research and development for red clover cultivation techniques |
9 Latvia Red Clover Market - Opportunity Assessment |
9.1 Latvia Red Clover Market Opportunity Assessment, By Forms, 2021 & 2031F |
9.2 Latvia Red Clover Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Red Clover Market - Competitive Landscape |
10.1 Latvia Red Clover Market Revenue Share, By Companies, 2024 |
10.2 Latvia Red Clover Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |