Latvia Seafood Market (2025-2031) | Revenue, Trends, Share, Outlook, Companies, Value, Growth, Size, Analysis, Industry, Forecast & Segmentation
Market Forecast By Type (Fish, Crustaceans, Mollusca, Others), By Application (Retail, Institutions, Food Service) And Competitive Landscape
| Product Code: ETC4775153 | 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 Seafood Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s seafood import market showed steady growth in 2024, with top exporters being Netherlands, Lithuania, Denmark, Belgium, and Vietnam. The market concentration, as measured by HHI, remained moderate, indicating a competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was strong at 13.01%, with a notable growth spurt of 18.19% from 2023 to 2024. This data suggests a positive outlook for the seafood import industry in Latvia, driven by diverse sources of supply and consistent growth trends.
Seafood Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Seafood market in Latvia is projected to grow at a stable growth rate of 4.33% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
Key Highlights of the Report:
- Latvia Seafood Market Outlook
- Market Size of Latvia Seafood Market, 2024
- Forecast of Latvia Seafood Market, 2031
- Historical Data and Forecast of Latvia Seafood Revenues & Volume for the Period 2021-2031
- Latvia Seafood Market Trend Evolution
- Latvia Seafood Market Drivers and Challenges
- Latvia Seafood Price Trends
- Latvia Seafood Porter`s Five Forces
- Latvia Seafood Industry Life Cycle
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Fish for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Crustaceans for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Mollusca for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Retail for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Institutions for the Period 2021-2031
- Historical Data and Forecast of Latvia Seafood Market Revenues & Volume By Food Service for the Period 2021-2031
- Latvia Seafood Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Latvia Seafood Top Companies Market Share
- Latvia Seafood Competitive Benchmarking By Technical and Operational Parameters
- Latvia Seafood Company Profiles
- Latvia Seafood Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Seafood Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Seafood Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Seafood Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Seafood Market - Industry Life Cycle |
3.4 Latvia Seafood Market - Porter's Five Forces |
3.5 Latvia Seafood Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Seafood Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Seafood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of seafood |
4.2.2 Growing demand for sustainable and ethically sourced seafood products |
4.2.3 Government initiatives to promote the seafood industry in Latvia |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in seafood supply due to weather conditions |
4.3.2 Rising competition from imported seafood products |
4.3.3 Challenges in maintaining quality standards and food safety regulations |
5 Latvia Seafood Market Trends |
6 Latvia Seafood Market Segmentations |
6.1 Latvia Seafood Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Seafood Market Revenues & Volume, By Fish, 2021-2031F |
6.1.3 Latvia Seafood Market Revenues & Volume, By Crustaceans, 2021-2031F |
6.1.4 Latvia Seafood Market Revenues & Volume, By Mollusca, 2021-2031F |
6.1.5 Latvia Seafood Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Seafood Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Seafood Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Latvia Seafood Market Revenues & Volume, By Institutions, 2021-2031F |
6.2.4 Latvia Seafood Market Revenues & Volume, By Food Service, 2021-2031F |
7 Latvia Seafood Market Import-Export Trade Statistics |
7.1 Latvia Seafood Market Export to Major Countries |
7.2 Latvia Seafood Market Imports from Major Countries |
8 Latvia Seafood Market Key Performance Indicators |
8.1 Average price per unit of seafood sold in Latvia |
8.2 Percentage of seafood products sourced from sustainable fisheries |
8.3 Number of new seafood product launches in the Latvian market |
9 Latvia Seafood Market - Opportunity Assessment |
9.1 Latvia Seafood Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Seafood Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Seafood Market - Competitive Landscape |
10.1 Latvia Seafood Market Revenue Share, By Companies, 2024 |
10.2 Latvia Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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