| Product Code: ETC7909054 | 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`s dairy import market continued to show strong growth with a high Herfindahl-Hirschman Index (HHI), indicating high market concentration. Top exporters such as Estonia, Poland, Lithuania, Germany, and the Netherlands played a significant role in meeting Latvia`s dairy demands. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 8.43%, with a steady growth rate of 1.43% in 2024. This data suggests a dynamic and competitive dairy import market in Latvia, driven by key regional players.

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 Dairy Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dairy Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dairy Market - Industry Life Cycle |
3.4 Latvia Dairy Market - Porter's Five Forces |
3.5 Latvia Dairy Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Latvia Dairy Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Dairy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of dairy products |
4.2.2 Growing demand for organic and specialty dairy products |
4.2.3 Government initiatives to support dairy farming and production |
4.3 Market Restraints |
4.3.1 Fluctuating milk prices affecting the profitability of dairy farmers |
4.3.2 Competition from alternative plant-based dairy products |
4.3.3 Changing consumer preferences towards non-dairy alternatives |
5 Latvia Dairy Market Trends |
6 Latvia Dairy Market, By Types |
6.1 Latvia Dairy Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dairy Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Latvia Dairy Market Revenues & Volume, By Butter, 2021- 2031F |
6.1.4 Latvia Dairy Market Revenues & Volume, By Cheese, 2021- 2031F |
6.1.5 Latvia Dairy Market Revenues & Volume, By Cream, 2021- 2031F |
6.1.6 Latvia Dairy Market Revenues & Volume, By Dairy Desserts, 2021- 2031F |
6.1.7 Latvia Dairy Market Revenues & Volume, By Milk, 2021- 2031F |
6.1.8 Latvia Dairy Market Revenues & Volume, By Yogurt, 2021- 2031F |
6.2 Latvia Dairy Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dairy Market Revenues & Volume, By Off-Trade, 2021- 2031F |
6.2.3 Latvia Dairy Market Revenues & Volume, By On-Trade, 2021- 2031F |
7 Latvia Dairy Market Import-Export Trade Statistics |
7.1 Latvia Dairy Market Export to Major Countries |
7.2 Latvia Dairy Market Imports from Major Countries |
8 Latvia Dairy Market Key Performance Indicators |
8.1 Percentage of dairy products certified as organic |
8.2 Number of new product launches in the dairy market |
8.3 Average daily milk production per cow |
9 Latvia Dairy Market - Opportunity Assessment |
9.1 Latvia Dairy Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Latvia Dairy Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Dairy Market - Competitive Landscape |
10.1 Latvia Dairy Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dairy 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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