| Product Code: ETC7908596 | 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 |
In 2024, Latvia continued to heavily rely on corn imports, with top suppliers being Russia, Lithuania, Poland, Ukraine, and Metropolitan France. The market remained highly concentrated, indicating limited competition among suppliers. Despite a strong compound annual growth rate of 11.87% from 2020 to 2024, there was a significant decline in the growth rate from 2023 to 2024 at -58.45%. This fluctuation may be indicative of shifting market dynamics or external factors impacting the corn import trade 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 Corn Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Corn Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Corn Market - Industry Life Cycle |
3.4 Latvia Corn Market - Porter's Five Forces |
3.5 Latvia Corn Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Corn Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Corn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Corn Market Trends |
6 Latvia Corn Market, By Types |
6.1 Latvia Corn Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Corn Market Revenues & Volume, By Nature, 2021- 2031F |
6.1.3 Latvia Corn Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Latvia Corn Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Latvia Corn Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Corn Market Revenues & Volume, By B2B, 2021- 2031F |
6.2.3 Latvia Corn Market Revenues & Volume, By B2C, 2021- 2031F |
7 Latvia Corn Market Import-Export Trade Statistics |
7.1 Latvia Corn Market Export to Major Countries |
7.2 Latvia Corn Market Imports from Major Countries |
8 Latvia Corn Market Key Performance Indicators |
9 Latvia Corn Market - Opportunity Assessment |
9.1 Latvia Corn Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Corn Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Corn Market - Competitive Landscape |
10.1 Latvia Corn Market Revenue Share, By Companies, 2024 |
10.2 Latvia Corn 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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