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

Name: Latvia Squid Market (2025-2031) | Value & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Squid Market, Latvia Squid Market, Latvia Squid Market Revenues, Latvia Squid Market Share, Latvia Squid Market Size, Latvia Squid Market Outlook, Latvia Squid Market Report, Latvia Squid Market Competition, Latvia Squid Market Overview, Latvia Squid Market Trends, Latvia Squid Market Forecast

Market Forecast By Products (Fresh, Frozen, Prepared) And Competitive Landscape

Product Code: ETC4999790	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 Squid Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The squid import shipments to Latvia in 2024 saw Lithuania emerge as a top exporter, indicating a strong trade relationship between the two countries. The high Herfindahl-Hirschman Index (HHI) concentration suggests a market dominated by a few key players. The impressive compound annual growth rate (CAGR) of 64.2% from 2020-24 highlights the increasing demand for squid in Latvia. Moreover, the robust growth rate of 46.36% from 2023-24 indicates a significant acceleration in import volumes, signaling a thriving market for squid in the country.

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

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

By 2027, the Squid market in Latvia is anticipated to reach a growth rate of 9.85%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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

Key Highlights of the Report:

Latvia Squid Market Outlook
Market Size of Latvia Squid Market, 2024
Forecast of Latvia Squid Market, 2031
Historical Data and Forecast of Latvia Squid Revenues & Volume for the Period 2021-2031
Latvia Squid Market Trend Evolution
Latvia Squid Market Drivers and Challenges
Latvia Squid Price Trends
Latvia Squid Porter`s Five Forces
Latvia Squid Industry Life Cycle
Historical Data and Forecast of Latvia Squid Market Revenues & Volume By Products for the Period 2021-2031
Historical Data and Forecast of Latvia Squid Market Revenues & Volume By Fresh for the Period 2021-2031
Historical Data and Forecast of Latvia Squid Market Revenues & Volume By Frozen for the Period 2021-2031
Historical Data and Forecast of Latvia Squid Market Revenues & Volume By Prepared for the Period 2021-2031
Latvia Squid Import Export Trade Statistics
Market Opportunity Assessment By Products
Latvia Squid Top Companies Market Share
Latvia Squid Competitive Benchmarking By Technical and Operational Parameters
Latvia Squid Company Profiles
Latvia Squid Key Strategic Recommendations

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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 Squid Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Squid Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Squid Market - Industry Life Cycle

3.4 Latvia Squid Market - Porter's Five Forces

3.5 Latvia Squid Market Revenues & Volume Share, By Products, 2021 & 2031F

4 Latvia Squid Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing consumer awareness about the health benefits of consuming squid

4.2.2 Increase in demand for seafood products in Latvia

4.2.3 Expansion of distribution channels for squid products in the market

4.3 Market Restraints

4.3.1 Fluctuating prices of squid due to supply chain disruptions

4.3.2 Competition from other seafood products in the market

4.3.3 Stringent regulations related to fishing and seafood processing in Latvia

5 Latvia Squid Market Trends

6 Latvia Squid Market Segmentations

6.1 Latvia Squid Market, By Products

6.1.1 Overview and Analysis

6.1.2 Latvia Squid Market Revenues & Volume, By Fresh, 2021-2031F

6.1.3 Latvia Squid Market Revenues & Volume, By Frozen, 2021-2031F

6.1.4 Latvia Squid Market Revenues & Volume, By Prepared, 2021-2031F

7 Latvia Squid Market Import-Export Trade Statistics

7.1 Latvia Squid Market Export to Major Countries

7.2 Latvia Squid Market Imports from Major Countries

8 Latvia Squid Market Key Performance Indicators

8.1 Consumer engagement with squid-related content on social media platforms

8.2 Number of new product launches and innovations in the squid market

8.3 Average weekly/monthly consumption of squid per capita in Latvia.

9 Latvia Squid Market - Opportunity Assessment

9.1 Latvia Squid Market Opportunity Assessment, By Products, 2021 & 2031F

10 Latvia Squid Market - Competitive Landscape

10.1 Latvia Squid Market Revenue Share, By Companies, 2024

10.2 Latvia Squid Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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