Latvia Sheep Meat Market (2025-2031) | Value, Trends, Analysis, Companies, Forecast, Segmentation, Size, Industry, Outlook, Revenue, Growth & Share

Market Forecast By Type (Organic, Conventional), By Product Type (Fresh, Frozen, Processed), By Offering (Neck, Shoulder, Rib, Breast, Leg, Foreshank, Others), By Distribution Channel (Direct, Indirect) And Competitive Landscape
Product Code: ETC5381367 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Sheep Meat Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to rely on Lithuania, Germany, and Netherlands as its top sheep meat import partners. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -6.74% from 2020 to 2024. The growth rate in 2024 plummeted by -53.96%, indicating a challenging year for sheep meat imports in Latvia. Continued monitoring and strategic adjustments may be necessary to navigate the changing landscape of the market.

Latvia Sheep Meat Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Sheep Meat Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


In the Europe region, the Sheep Meat market in Latvia is projected to expand at a stable growth rate of 4.27% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

Sheep Meat Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Sheep Meat Market Outlook
  • Market Size of Latvia Sheep Meat Market, 2024
  • Forecast of Latvia Sheep Meat Market, 2031
  • Historical Data and Forecast of Latvia Sheep Meat Revenues & Volume for the Period 2021-2031
  • Latvia Sheep Meat Market Trend Evolution
  • Latvia Sheep Meat Market Drivers and Challenges
  • Latvia Sheep Meat Price Trends
  • Latvia Sheep Meat Porter`s Five Forces
  • Latvia Sheep Meat Industry Life Cycle
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Organic for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Conventional for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Fresh for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Frozen for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Processed for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Offering for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Neck for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Shoulder for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Rib for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Breast for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Leg for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Foreshank for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Direct for the Period 2021-2031
  • Historical Data and Forecast of Latvia Sheep Meat Market Revenues & Volume By Indirect for the Period 2021-2031
  • Latvia Sheep Meat Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Offering
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Sheep Meat Top Companies Market Share
  • Latvia Sheep Meat Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Sheep Meat Company Profiles
  • Latvia Sheep Meat Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Sheep Meat 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 Sheep Meat Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Sheep Meat Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Sheep Meat Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Sheep Meat Market - Industry Life Cycle

3.4 Latvia Sheep Meat Market - Porter's Five Forces

3.5 Latvia Sheep Meat Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Sheep Meat Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Latvia Sheep Meat Market Revenues & Volume Share, By Offering, 2021 & 2031F

3.8 Latvia Sheep Meat Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Sheep Meat Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness about the health benefits of sheep meat

4.2.2 Growing demand for organic and locally sourced food products

4.2.3 Government support and initiatives to promote sheep farming industry in Latvia

4.3 Market Restraints

4.3.1 Seasonal fluctuations in sheep meat production and supply

4.3.2 Competition from other meat products like pork and poultry

4.3.3 Price volatility in the sheep meat market due to factors like feed costs and weather conditions

5 Latvia Sheep Meat Market Trends

6 Latvia Sheep Meat Market Segmentations

6.1 Latvia Sheep Meat Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Sheep Meat Market Revenues & Volume, By Organic, 2021-2031F

6.1.3 Latvia Sheep Meat Market Revenues & Volume, By Conventional, 2021-2031F

6.2 Latvia Sheep Meat Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Latvia Sheep Meat Market Revenues & Volume, By Fresh, 2021-2031F

6.2.3 Latvia Sheep Meat Market Revenues & Volume, By Frozen, 2021-2031F

6.2.4 Latvia Sheep Meat Market Revenues & Volume, By Processed, 2021-2031F

6.3 Latvia Sheep Meat Market, By Offering

6.3.1 Overview and Analysis

6.3.2 Latvia Sheep Meat Market Revenues & Volume, By Neck, 2021-2031F

6.3.3 Latvia Sheep Meat Market Revenues & Volume, By Shoulder, 2021-2031F

6.3.4 Latvia Sheep Meat Market Revenues & Volume, By Rib, 2021-2031F

6.3.5 Latvia Sheep Meat Market Revenues & Volume, By Breast, 2021-2031F

6.3.6 Latvia Sheep Meat Market Revenues & Volume, By Leg, 2021-2031F

6.3.7 Latvia Sheep Meat Market Revenues & Volume, By Foreshank, 2021-2031F

6.4 Latvia Sheep Meat Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Sheep Meat Market Revenues & Volume, By Direct, 2021-2031F

6.4.3 Latvia Sheep Meat Market Revenues & Volume, By Indirect, 2021-2031F

7 Latvia Sheep Meat Market Import-Export Trade Statistics

7.1 Latvia Sheep Meat Market Export to Major Countries

7.2 Latvia Sheep Meat Market Imports from Major Countries

8 Latvia Sheep Meat Market Key Performance Indicators

8.1 Average price per kilogram of sheep meat

8.2 Number of sheep farms and farmers in Latvia

8.3 Consumer demand for organic and locally sourced sheep meat

9 Latvia Sheep Meat Market - Opportunity Assessment

9.1 Latvia Sheep Meat Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Sheep Meat Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Latvia Sheep Meat Market Opportunity Assessment, By Offering, 2021 & 2031F

9.4 Latvia Sheep Meat Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Sheep Meat Market - Competitive Landscape

10.1 Latvia Sheep Meat Market Revenue Share, By Companies, 2024

10.2 Latvia Sheep Meat Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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