| Product Code: ETC5346787 | 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`s walnut import market in 2024 continues to be dominated by key exporters such as Germany, Lithuania, Chile, China, and Finland. Despite a negative compound annual growth rate (CAGR) from 2020-24, there was a significant growth spurt in 2024 with a growth rate of 39.34% from the previous year. The Herfindahl-Hirschman Index (HHI) indicates a high concentration in the market, suggesting a level of market power among these top exporting countries. This data highlights the dynamic nature of Latvia`s walnut import market and the importance of monitoring trends and competitive dynamics in the industry.

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 Walnut Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Walnut Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Walnut Market - Industry Life Cycle |
3.4 Latvia Walnut Market - Porter's Five Forces |
3.5 Latvia Walnut Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Walnut Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Latvia Walnut Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Walnut Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness of the health benefits of walnuts |
4.2.2 Growing demand for organic and natural food products |
4.2.3 Rising disposable income leading to higher purchasing power for premium walnuts |
4.3 Market Restraints |
4.3.1 Seasonal variations and weather conditions affecting walnut production |
4.3.2 Competition from other nut varieties in the market |
4.3.3 Fluctuating prices of walnuts impacting consumer affordability |
5 Latvia Walnut Market Trends |
6 Latvia Walnut Market Segmentations |
6.1 Latvia Walnut Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Walnut Market Revenues & Volume, By Black Walnuts, 2021-2031F |
6.1.3 Latvia Walnut Market Revenues & Volume, By English Walnuts, 2021-2031F |
6.2 Latvia Walnut Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Latvia Walnut Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Latvia Walnut Market Revenues & Volume, By Conventional, 2021-2031F |
6.3 Latvia Walnut Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Walnut Market Revenues & Volume, By Household, 2021-2031F |
6.3.3 Latvia Walnut Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Latvia Walnut Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.5 Latvia Walnut Market Revenues & Volume, By Personal Care and Cosmetics, 2021-2031F |
6.3.6 Latvia Walnut Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Latvia Walnut Market Import-Export Trade Statistics |
7.1 Latvia Walnut Market Export to Major Countries |
7.2 Latvia Walnut Market Imports from Major Countries |
8 Latvia Walnut Market Key Performance Indicators |
8.1 Percentage of households consuming walnuts in Latvia |
8.2 Number of walnut orchards in Latvia adopting sustainable farming practices |
8.3 Average price per kilogram of walnuts in the Latvian market |
9 Latvia Walnut Market - Opportunity Assessment |
9.1 Latvia Walnut Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Walnut Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Latvia Walnut Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Walnut Market - Competitive Landscape |
10.1 Latvia Walnut Market Revenue Share, By Companies, 2024 |
10.2 Latvia Walnut 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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