| Product Code: ETC11315509 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s white shrimp import market in 2024 continued to be dominated by key suppliers such as Lithuania, Germany, Netherlands, Belgium, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a significant negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024. This suggests a potential shift in market dynamics or growing demand for white shrimp imports in Latvia. Stakeholders should closely monitor these trends to capitalize on emerging opportunities 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 White Shrimp Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia White Shrimp Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia White Shrimp Market - Industry Life Cycle |
3.4 Latvia White Shrimp Market - Porter's Five Forces |
3.5 Latvia White Shrimp Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia White Shrimp Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Latvia White Shrimp Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia White Shrimp Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia White Shrimp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for sustainable and locally sourced seafood products |
4.2.2 Growing awareness of health benefits associated with consuming white shrimp |
4.2.3 Government support and incentives for the aquaculture industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of feed and raw materials for shrimp farming |
4.3.2 Environmental challenges such as water quality and climate change affecting shrimp production |
4.3.3 Competition from imported shrimp products in the market |
5 Latvia White Shrimp Market Trends |
6 Latvia White Shrimp Market, By Types |
6.1 Latvia White Shrimp Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia White Shrimp Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia White Shrimp Market Revenues & Volume, By Fresh Shrimp, 2021 - 2031F |
6.1.4 Latvia White Shrimp Market Revenues & Volume, By Frozen Shrimp, 2021 - 2031F |
6.1.5 Latvia White Shrimp Market Revenues & Volume, By Processed Shrimp, 2021 - 2031F |
6.2 Latvia White Shrimp Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia White Shrimp Market Revenues & Volume, By Boxed, 2021 - 2031F |
6.2.3 Latvia White Shrimp Market Revenues & Volume, By Vacuum Pack, 2021 - 2031F |
6.2.4 Latvia White Shrimp Market Revenues & Volume, By Canned, 2021 - 2031F |
6.3 Latvia White Shrimp Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia White Shrimp Market Revenues & Volume, By Seafood Markets, 2021 - 2031F |
6.3.3 Latvia White Shrimp Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.3.4 Latvia White Shrimp Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.4 Latvia White Shrimp Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia White Shrimp Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.4.3 Latvia White Shrimp Market Revenues & Volume, By Households, 2021 - 2031F |
6.4.4 Latvia White Shrimp Market Revenues & Volume, By Food Industry, 2021 - 2031F |
7 Latvia White Shrimp Market Import-Export Trade Statistics |
7.1 Latvia White Shrimp Market Export to Major Countries |
7.2 Latvia White Shrimp Market Imports from Major Countries |
8 Latvia White Shrimp Market Key Performance Indicators |
8.1 Average size and weight of white shrimp harvested |
8.2 Feed conversion ratio in shrimp farming operations |
8.3 Disease resistance and mortality rates in white shrimp populations |
9 Latvia White Shrimp Market - Opportunity Assessment |
9.1 Latvia White Shrimp Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia White Shrimp Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Latvia White Shrimp Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia White Shrimp Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia White Shrimp Market - Competitive Landscape |
10.1 Latvia White Shrimp Market Revenue Share, By Companies, 2024 |
10.2 Latvia White Shrimp 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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