| Product Code: ETC7924373 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of wafer biscuits to Latvia in 2024 saw a notable increase in diversity, with Lithuania, Poland, Germany, Estonia, and Ukraine emerging as the top exporting countries. The market concentration, as measured by the HHI, shifted from high to moderate in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 38.35% from 2020 to 2024, along with a growth rate of 35.46% in 2024, reflects the strong demand for wafer biscuits in Latvia and suggests promising opportunities for both domestic and international suppliers in the market.

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 Wafer Biscuits Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wafer Biscuits Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wafer Biscuits Market - Industry Life Cycle |
3.4 Latvia Wafer Biscuits Market - Porter's Five Forces |
3.5 Latvia Wafer Biscuits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wafer Biscuits Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wafer Biscuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenient and on-the-go snack options |
4.2.2 Growing demand for indulgent and premium snacks |
4.2.3 Rising trend of snacking culture and increasing disposable income in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices such as cocoa, sugar, and wheat |
4.3.2 Intense competition from other snack categories like cookies, chocolates, and health bars |
4.3.3 Potential health concerns related to high sugar and calorie content in wafer biscuits |
5 Latvia Wafer Biscuits Market Trends |
6 Latvia Wafer Biscuits Market, By Types |
6.1 Latvia Wafer Biscuits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wafer Biscuits Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Wafer Biscuits Market Revenues & Volume, By Cream Filled, 2021- 2031F |
6.1.4 Latvia Wafer Biscuits Market Revenues & Volume, By Coated, 2021- 2031F |
6.2 Latvia Wafer Biscuits Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wafer Biscuits Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Latvia Wafer Biscuits Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Wafer Biscuits Market Revenues & Volume, By Food Speciality Stores, 2021- 2031F |
6.2.5 Latvia Wafer Biscuits Market Revenues & Volume, By Online Retailers, 2021- 2031F |
7 Latvia Wafer Biscuits Market Import-Export Trade Statistics |
7.1 Latvia Wafer Biscuits Market Export to Major Countries |
7.2 Latvia Wafer Biscuits Market Imports from Major Countries |
8 Latvia Wafer Biscuits Market Key Performance Indicators |
8.1 Consumer engagement metrics such as website traffic, social media interactions, and online reviews |
8.2 New product development and innovation rate |
8.3 Distribution network expansion and penetration in new retail channels |
9 Latvia Wafer Biscuits Market - Opportunity Assessment |
9.1 Latvia Wafer Biscuits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wafer Biscuits Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wafer Biscuits Market - Competitive Landscape |
10.1 Latvia Wafer Biscuits Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wafer Biscuits 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.
To discover high-growth global markets and optimize your business strategy:
Click Here