| Product Code: ETC5229880 | 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 chilled uncooked fish and shellfish import market in Latvia continued to show strong growth in 2024, with a high level of concentration among the top exporting countries. Sweden, Denmark, Lithuania, Finland, and Norway were the key players in this market, excluding Svalbard and Jan Mayen. The high Herfindahl-Hirschman Index (HHI) indicates a very concentrated market, which intensified further in 2024. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-24 remained impressive at 17.9%, highlighting the ongoing demand for these seafood products in Latvia.

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 Chilled Uncooked Fish and Shellfish Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Chilled Uncooked Fish and Shellfish Market - Industry Life Cycle |
3.4 Latvia Chilled Uncooked Fish and Shellfish Market - Porter's Five Forces |
3.5 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Chilled Uncooked Fish and Shellfish Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming fish and shellfish. |
4.2.2 Growth in demand for convenience food products. |
4.2.3 Rise in disposable income leading to higher spending on premium food items. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting overall production costs. |
4.3.2 Stringent regulations and standards regarding food safety and quality. |
4.3.3 Competition from other protein sources such as poultry and red meat. |
5 Latvia Chilled Uncooked Fish and Shellfish Market Trends |
6 Latvia Chilled Uncooked Fish and Shellfish Market Segmentations |
6.1 Latvia Chilled Uncooked Fish and Shellfish Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish, 2021-2031F |
6.1.3 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Shellfish, 2021-2031F |
6.2 Latvia Chilled Uncooked Fish and Shellfish Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Processing Industry, 2021-2031F |
6.2.3 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Food Service Provider, 2021-2031F |
6.2.4 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Retail/ Household, 2021-2031F |
6.2.5 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Animal Feed and Pet Food? , 2021-2031F |
6.3 Latvia Chilled Uncooked Fish and Shellfish Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2B, 2021-2031F |
6.3.3 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By B2C, 2021-2031F |
6.3.4 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Hypermarket/Supermarket? , 2021-2031F |
6.3.5 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Fish Mongers, 2021-2031F |
6.3.6 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Convenience Store? , 2021-2031F |
6.3.7 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Specialty Store? , 2021-2031F |
6.3.8 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 Latvia Chilled Uncooked Fish and Shellfish Market Revenues & Volume, By Others? , 2021-2031F |
7 Latvia Chilled Uncooked Fish and Shellfish Market Import-Export Trade Statistics |
7.1 Latvia Chilled Uncooked Fish and Shellfish Market Export to Major Countries |
7.2 Latvia Chilled Uncooked Fish and Shellfish Market Imports from Major Countries |
8 Latvia Chilled Uncooked Fish and Shellfish Market Key Performance Indicators |
8.1 Consumer engagement with online seafood recipes and cooking tutorials. |
8.2 Number of new product launches in the chilled uncooked fish and shellfish segment. |
8.3 Percentage of repeat customers purchasing from the market. |
9 Latvia Chilled Uncooked Fish and Shellfish Market - Opportunity Assessment |
9.1 Latvia Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 Latvia Chilled Uncooked Fish and Shellfish Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Chilled Uncooked Fish and Shellfish Market - Competitive Landscape |
10.1 Latvia Chilled Uncooked Fish and Shellfish Market Revenue Share, By Companies, 2024 |
10.2 Latvia Chilled Uncooked Fish and Shellfish 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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