| Product Code: ETC7923992 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The vegetable seed import market in Latvia continued to exhibit strong growth in 2024, with key exporters like Lithuania, Netherlands, Poland, Germany, and Metropolitan France leading the pack. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a shift towards a more concentrated market landscape. With a notable compound annual growth rate (CAGR) of 10.38% from 2020 to 2024 and an impressive growth rate of 51.15% from 2023 to 2024, the vegetable seed import sector in Latvia is poised for further expansion and competitive dynamics in the coming years.

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 Vegetable Seed Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vegetable Seed Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vegetable Seed Market - Industry Life Cycle |
3.4 Latvia Vegetable Seed Market - Porter's Five Forces |
3.5 Latvia Vegetable Seed Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vegetable Seed Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vegetable Seed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for organic and non-GMO vegetable seeds |
4.2.2 Growing popularity of home gardening and urban farming |
4.2.3 Government support and initiatives promoting agriculture and horticulture |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations and weather conditions affecting seed production |
4.3.2 Competition from imported vegetable seeds |
4.3.3 Lack of awareness about the benefits of using quality seeds |
5 Latvia Vegetable Seed Market Trends |
6 Latvia Vegetable Seed Market, By Types |
6.1 Latvia Vegetable Seed Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vegetable Seed Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Vegetable Seed Market Revenues & Volume, By Solanaceae, 2021- 2031F |
6.1.4 Latvia Vegetable Seed Market Revenues & Volume, By Cucurbit, 2021- 2031F |
6.1.5 Latvia Vegetable Seed Market Revenues & Volume, By Root&bulb, 2021- 2031F |
6.1.6 Latvia Vegetable Seed Market Revenues & Volume, By Brassica, 2021- 2031F |
6.1.7 Latvia Vegetable Seed Market Revenues & Volume, By Leafy, 2021- 2031F |
6.1.8 Latvia Vegetable Seed Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Vegetable Seed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vegetable Seed Market Revenues & Volume, By Farmland, 2021- 2031F |
6.2.3 Latvia Vegetable Seed Market Revenues & Volume, By Greenhouse, 2021- 2031F |
7 Latvia Vegetable Seed Market Import-Export Trade Statistics |
7.1 Latvia Vegetable Seed Market Export to Major Countries |
7.2 Latvia Vegetable Seed Market Imports from Major Countries |
8 Latvia Vegetable Seed Market Key Performance Indicators |
8.1 Percentage of farmers using certified organic vegetable seeds |
8.2 Number of community gardens or urban farming projects using vegetable seeds |
8.3 Adoption rate of new government policies supporting the vegetable seed industry |
9 Latvia Vegetable Seed Market - Opportunity Assessment |
9.1 Latvia Vegetable Seed Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vegetable Seed Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vegetable Seed Market - Competitive Landscape |
10.1 Latvia Vegetable Seed Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vegetable Seed 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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