| Product Code: ETC4992475 | 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 |
Latvia`s rice import market saw steady growth in 2024, with top exporting countries being Lithuania, Italy, Myanmar, Spain, and Poland. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a diverse market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 7.72%, demonstrating sustained demand. Notably, the growth rate spiked at 15.03% in 2024, reflecting an increasing appetite for rice imports in Latvia. The market presents opportunities for stakeholders to capitalize on this upward trajectory through strategic partnerships and market expansion initiatives.

The Rice market in Latvia is projected to grow at a stable growth rate of 2.47% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Rice Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rice Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rice Market - Industry Life Cycle |
3.4 Latvia Rice Market - Porter's Five Forces |
3.5 Latvia Rice Market Revenues & Volume Share, By Rice Length, 2021 & 2031F |
3.6 Latvia Rice Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Rice Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Latvia Rice Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Latvia Rice Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Rice Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of rice consumption |
4.2.2 Growing popularity of Asian cuisine in Latvia |
4.2.3 Rise in disposable income leading to higher consumption of premium rice varieties |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in rice production due to weather conditions |
4.3.2 Competition from other staple foods like potatoes and bread |
4.3.3 Import restrictions and tariffs affecting the cost of imported rice |
5 Latvia Rice Market Trends |
6 Latvia Rice Market Segmentations |
6.1 Latvia Rice Market, By Rice Length |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rice Market Revenues & Volume, By Long Grain, 2021-2031F |
6.1.3 Latvia Rice Market Revenues & Volume, By Medium Grain, 2021-2031F |
6.1.4 Latvia Rice Market Revenues & Volume, By Short Grain, 2021-2031F |
6.2 Latvia Rice Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rice Market Revenues & Volume, By Red Rice, 2021-2031F |
6.2.3 Latvia Rice Market Revenues & Volume, By Arborio Rice, 2021-2031F |
6.2.4 Latvia Rice Market Revenues & Volume, By Black Rice, 2021-2031F |
6.2.5 Latvia Rice Market Revenues & Volume, By Grain Fragrance Rice, 2021-2031F |
6.2.6 Latvia Rice Market Revenues & Volume, By Brown Rice, 2021-2031F |
6.2.7 Latvia Rice Market Revenues & Volume, By Rosematta Rice, 2021-2031F |
6.2.8 Latvia Rice Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Latvia Rice Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Rice Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rice Market Revenues & Volume, By Regular, 2021-2031F |
6.3.3 Latvia Rice Market Revenues & Volume, By Aromatic, 2021-2031F |
6.4 Latvia Rice Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rice Market Revenues & Volume, By Food, 2021-2031F |
6.4.3 Latvia Rice Market Revenues & Volume, By Industry, 2021-2031F |
6.4.4 Latvia Rice Market Revenues & Volume, By Others, 2021-2031F |
6.5 Latvia Rice Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Latvia Rice Market Revenues & Volume, By Roadside Stores, 2021-2031F |
6.5.3 Latvia Rice Market Revenues & Volume, By Municipal Corporation Markets, 2021-2031F |
6.5.4 Latvia Rice Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.5.5 Latvia Rice Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.5.6 Latvia Rice Market Revenues & Volume, By Department Store, 2021-2031F |
6.5.7 Latvia Rice Market Revenues & Volume, By Supermarket, 2021-2031F |
6.5.8 Latvia Rice Market Revenues & Volume, By E-commerce, 2021-2031F |
6.5.9 Latvia Rice Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Latvia Rice Market Import-Export Trade Statistics |
7.1 Latvia Rice Market Export to Major Countries |
7.2 Latvia Rice Market Imports from Major Countries |
8 Latvia Rice Market Key Performance Indicators |
8.1 Average retail price of rice in Latvia |
8.2 Consumption per capita of rice in Latvia |
8.3 Number of restaurants offering rice-based dishes in Latvia |
9 Latvia Rice Market - Opportunity Assessment |
9.1 Latvia Rice Market Opportunity Assessment, By Rice Length, 2021 & 2031F |
9.2 Latvia Rice Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Rice Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.4 Latvia Rice Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Latvia Rice Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Rice Market - Competitive Landscape |
10.1 Latvia Rice Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rice Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |