| Product Code: ETC7912390 | 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 |
Latvia`s gummy candy import market continues to show steady growth in 2024, with top suppliers being Lithuania, Poland, Ukraine, Germany, and Spain. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remains at a moderate level. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 12.24%, indicating sustained demand for gummy candies in Latvia. The growth rate from 2023 to 2024 is recorded at 2.85%, reflecting a positive trend in the import market for gummy candies.

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 Gummy Candy Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Gummy Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Gummy Candy Market - Industry Life Cycle |
3.4 Latvia Gummy Candy Market - Porter's Five Forces |
3.5 Latvia Gummy Candy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Gummy Candy Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.7 Latvia Gummy Candy Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Gummy Candy Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Gummy Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Gummy Candy Market Trends |
6 Latvia Gummy Candy Market, By Types |
6.1 Latvia Gummy Candy Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Gummy Candy Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Gummy Candy Market Revenues & Volume, By Traditional Gummies, 2021- 2031F |
6.1.4 Latvia Gummy Candy Market Revenues & Volume, By Functional Gummies, 2021- 2031F |
6.1.5 Latvia Gummy Candy Market Revenues & Volume, By Organic Gummies, 2021- 2031F |
6.1.6 Latvia Gummy Candy Market Revenues & Volume, By Sugar-free Gummies, 2021- 2031F |
6.2 Latvia Gummy Candy Market, By Flavor |
6.2.1 Overview and Analysis |
6.2.2 Latvia Gummy Candy Market Revenues & Volume, By Chocolatey, 2021- 2031F |
6.2.3 Latvia Gummy Candy Market Revenues & Volume, By Creamy Indulgence, 2021- 2031F |
6.2.4 Latvia Gummy Candy Market Revenues & Volume, By Fresh & Fruity, 2021- 2031F |
6.2.5 Latvia Gummy Candy Market Revenues & Volume, By Sourpuss, 2021- 2031F |
6.2.6 Latvia Gummy Candy Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Gummy Candy Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Gummy Candy Market Revenues & Volume, By Child, 2021- 2031F |
6.3.3 Latvia Gummy Candy Market Revenues & Volume, By Adult, 2021- 2031F |
6.4 Latvia Gummy Candy Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Gummy Candy Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.3 Latvia Gummy Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.4.4 Latvia Gummy Candy Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.4.5 Latvia Gummy Candy Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.4.6 Latvia Gummy Candy Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Gummy Candy Market Import-Export Trade Statistics |
7.1 Latvia Gummy Candy Market Export to Major Countries |
7.2 Latvia Gummy Candy Market Imports from Major Countries |
8 Latvia Gummy Candy Market Key Performance Indicators |
9 Latvia Gummy Candy Market - Opportunity Assessment |
9.1 Latvia Gummy Candy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Gummy Candy Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.3 Latvia Gummy Candy Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Gummy Candy Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Gummy Candy Market - Competitive Landscape |
10.1 Latvia Gummy Candy Market Revenue Share, By Companies, 2024 |
10.2 Latvia Gummy Candy 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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