| Product Code: ETC4844712 | 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 |
The Latvia wheat starch import market in 2024 saw significant contributions from top exporting countries such as Germany, Sweden, Poland, Lithuania, and Austria. With a moderate concentration level based on the Herfindahl-Hirschman Index (HHI), the market continues to exhibit steady growth. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 22.23%, indicating a flourishing market. Furthermore, the growth rate from 2023 to 2024 reached 10.37%, demonstrating continued momentum and opportunities for both importers and exporters in the wheat starch sector.

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 Wheat Starch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wheat Starch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wheat Starch Market - Industry Life Cycle |
3.4 Latvia Wheat Starch Market - Porter's Five Forces |
3.5 Latvia Wheat Starch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wheat Starch Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Latvia Wheat Starch Market Revenues & Volume Share, By End-Users Industry, 2021 & 2031F |
4 Latvia Wheat Starch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of wheat starch |
4.2.2 Growing demand for gluten-free products in the food industry |
4.2.3 Expansion of the food processing industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from other types of starch products |
4.3.3 Regulatory challenges related to food safety and quality standards |
5 Latvia Wheat Starch Market Trends |
6 Latvia Wheat Starch Market Segmentations |
6.1 Latvia Wheat Starch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wheat Starch Market Revenues & Volume, By Native Wheat Starch, 2021-2031F |
6.1.3 Latvia Wheat Starch Market Revenues & Volume, By Modified Wheat Starch, 2021-2031F |
6.2 Latvia Wheat Starch Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wheat Starch Market Revenues & Volume, By Food Grade, 2021-2031F |
6.2.3 Latvia Wheat Starch Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.3 Latvia Wheat Starch Market, By End-Users Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wheat Starch Market Revenues & Volume, By Food and Beverages, 2021-2031F |
6.3.3 Latvia Wheat Starch Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 Latvia Wheat Starch Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Wheat Starch Market Import-Export Trade Statistics |
7.1 Latvia Wheat Starch Market Export to Major Countries |
7.2 Latvia Wheat Starch Market Imports from Major Countries |
8 Latvia Wheat Starch Market Key Performance Indicators |
8.1 Percentage of food products containing wheat starch in the Latvian market |
8.2 Investment in research and development for wheat starch product innovation |
8.3 Number of new product launches incorporating wheat starch in Latvia |
9 Latvia Wheat Starch Market - Opportunity Assessment |
9.1 Latvia Wheat Starch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wheat Starch Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Latvia Wheat Starch Market Opportunity Assessment, By End-Users Industry, 2021 & 2031F |
10 Latvia Wheat Starch Market - Competitive Landscape |
10.1 Latvia Wheat Starch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wheat Starch 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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