| Product Code: ETC5218841 | 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 table knives import market in 2024 saw a diverse range of top exporting countries, including Brazil, Italy, Germany, Spain, and Poland. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, reflecting a balanced competitive landscape. However, the market experienced a decline in compound annual growth rate (CAGR) from 2020 to 2024 at -5.27%, with a further decrease in growth rate from 2023 to 2024 at -6.89%. These trends suggest a challenging environment for table knives importers in Latvia, necessitating strategic adjustments to navigate the evolving market dynamics.

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 Table Knives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Table Knives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Table Knives Market - Industry Life Cycle |
3.4 Latvia Table Knives Market - Porter's Five Forces |
3.5 Latvia Table Knives Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Table Knives Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Table Knives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for premium quality table knives in Latvia |
4.2.2 Growing popularity of cooking shows and culinary arts, driving interest in kitchen utensils |
4.2.3 Rising disposable income leading to higher spending on kitchenware products |
4.3 Market Restraints |
4.3.1 Intense competition from local and international table knife manufacturers |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Latvia Table Knives Market Trends |
6 Latvia Table Knives Market Segmentations |
6.1 Latvia Table Knives Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Table Knives Market Revenues & Volume, By European size, 2021-2031F |
6.1.3 Latvia Table Knives Market Revenues & Volume, By American size, 2021-2031F |
6.2 Latvia Table Knives Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Table Knives Market Revenues & Volume, By Cutting, 2021-2031F |
6.2.3 Latvia Table Knives Market Revenues & Volume, By Collecting, 2021-2031F |
7 Latvia Table Knives Market Import-Export Trade Statistics |
7.1 Latvia Table Knives Market Export to Major Countries |
7.2 Latvia Table Knives Market Imports from Major Countries |
8 Latvia Table Knives Market Key Performance Indicators |
8.1 Customer satisfaction scores related to the quality and design of table knives |
8.2 Number of new product launches and innovations in the table knives market |
8.3 Consumer spending on kitchenware products in Latvia |
9 Latvia Table Knives Market - Opportunity Assessment |
9.1 Latvia Table Knives Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Table Knives Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Table Knives Market - Competitive Landscape |
10.1 Latvia Table Knives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Table Knives 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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