| Product Code: ETC10356277 | 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 |
Latvia`s safflower import market in 2024 continues to be dominated by neighboring countries such as Lithuania, Bulgaria, Poland, Hungary, and Estonia. Despite a decrease in the growth rate from 2023 to 2024, the market concentration remains high. The compound annual growth rate (CAGR) for the period 2020-2024 shows steady but modest growth. It will be interesting to monitor how these trends may evolve in the coming years and what factors may impact the safflower import market 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 Safflower Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Safflower Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Safflower Market - Industry Life Cycle |
3.4 Latvia Safflower Market - Porter's Five Forces |
3.5 Latvia Safflower Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Safflower Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.7 Latvia Safflower Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Safflower Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Safflower Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Safflower Market Trends |
6 Latvia Safflower Market, By Types |
6.1 Latvia Safflower Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Safflower Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Safflower Market Revenues & Volume, By Oil, 2021 - 2031F |
6.1.4 Latvia Safflower Market Revenues & Volume, By Seeds, 2021 - 2031F |
6.1.5 Latvia Safflower Market Revenues & Volume, By Meal, 2021 - 2031F |
6.1.6 Latvia Safflower Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Safflower Market, By Product Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Safflower Market Revenues & Volume, By Refined Oil, 2021 - 2031F |
6.2.3 Latvia Safflower Market Revenues & Volume, By Whole, 2021 - 2031F |
6.2.4 Latvia Safflower Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.5 Latvia Safflower Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Safflower Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Safflower Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.3.3 Latvia Safflower Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.3.4 Latvia Safflower Market Revenues & Volume, By Animal Feed, 2021 - 2031F |
6.3.5 Latvia Safflower Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Safflower Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Safflower Market Revenues & Volume, By Cooking Oil, 2021 - 2031F |
6.4.3 Latvia Safflower Market Revenues & Volume, By Medicinal Use, 2021 - 2031F |
6.4.4 Latvia Safflower Market Revenues & Volume, By Livestock Feed, 2021 - 2031F |
6.4.5 Latvia Safflower Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Safflower Market Import-Export Trade Statistics |
7.1 Latvia Safflower Market Export to Major Countries |
7.2 Latvia Safflower Market Imports from Major Countries |
8 Latvia Safflower Market Key Performance Indicators |
9 Latvia Safflower Market - Opportunity Assessment |
9.1 Latvia Safflower Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Safflower Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.3 Latvia Safflower Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Safflower Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Safflower Market - Competitive Landscape |
10.1 Latvia Safflower Market Revenue Share, By Companies, 2024 |
10.2 Latvia Safflower 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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