Latvia Lobster Market (2025-2031) | Forecast, Revenue, Value, Segmentation, Size, Growth, Trends, Companies, Share, Outlook, Industry & Analysis

Name: Latvia Lobster Market (2025-2031) | Size & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Lobster Market, Latvia Lobster Market, Latvia Lobster Market Revenues, Latvia Lobster Market Share, Latvia Lobster Market Size, Latvia Lobster Market Outlook, Latvia Lobster Market Report, Latvia Lobster Market Competition, Latvia Lobster Market Overview, Latvia Lobster Market Trends, Latvia Lobster Market Forecast

Market Forecast By Species (American Lobster, Spiny Lobster, Rock Lobster, European Lobster), By Weight (0.5 ‚œ 0.75 lbs, 0.76 ‚œ 3.0 lbs, Over 3 lbs), By Product Type (Whole Lobster, Lobster Tail, Lobster Meat, Lobster Claw), By Distribution Channel (Food Service, Retail) And Competitive Landscape

Product Code: ETC4735785	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

Latvia Lobster Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Latvia lobster import market experienced significant growth in 2024, with top exporting countries being Germany, Denmark, Belgium, Estonia, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 35.57%, with a notable growth rate of 50.72% in 2024 alone. This data suggests a thriving lobster import industry in Latvia, driven by strong partnerships with key exporting nations.

Latvia Lobster Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Lobster Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

The Lobster market in Latvia is projected to grow at a stable growth rate of 4.78% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Lobster Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Lobster Market Outlook
Market Size of Latvia Lobster Market, 2024
Forecast of Latvia Lobster Market, 2031
Historical Data and Forecast of Latvia Lobster Revenues & Volume for the Period 2021-2031
Latvia Lobster Market Trend Evolution
Latvia Lobster Market Drivers and Challenges
Latvia Lobster Price Trends
Latvia Lobster Porter`s Five Forces
Latvia Lobster Industry Life Cycle
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Species for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By American Lobster for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Spiny Lobster for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Rock Lobster for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By European Lobster for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Weight for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By 0.5 0.75 lbs for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By 0.76 3.0 lbs for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Over 3 lbs for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Whole Lobster for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Lobster Tail for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Lobster Meat for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Lobster Claw for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Distribution Channel for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Food Service for the Period 2021-2031
Historical Data and Forecast of Latvia Lobster Market Revenues & Volume By Retail for the Period 2021-2031
Latvia Lobster Import Export Trade Statistics
Market Opportunity Assessment By Species
Market Opportunity Assessment By Weight
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Distribution Channel
Latvia Lobster Top Companies Market Share
Latvia Lobster Competitive Benchmarking By Technical and Operational Parameters
Latvia Lobster Company Profiles
Latvia Lobster Key Strategic Recommendations

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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 Lobster Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Lobster Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Lobster Market - Industry Life Cycle

3.4 Latvia Lobster Market - Porter's Five Forces

3.5 Latvia Lobster Market Revenues & Volume Share, By Species, 2021 & 2031F

3.6 Latvia Lobster Market Revenues & Volume Share, By Weight, 2021 & 2031F

3.7 Latvia Lobster Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.8 Latvia Lobster Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Lobster Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for premium seafood products in Latvia

4.2.2 Growing popularity of lobster dishes in restaurants and culinary industry

4.2.3 Rising disposable income and changing consumer preferences towards luxury food items

4.3 Market Restraints

4.3.1 Seasonal availability and fluctuations in lobster supply

4.3.2 High costs associated with lobster fishing and importation

4.3.3 Stringent regulations and sustainability concerns impacting lobster harvesting

5 Latvia Lobster Market Trends

6 Latvia Lobster Market Segmentations

6.1 Latvia Lobster Market, By Species

6.1.1 Overview and Analysis

6.1.2 Latvia Lobster Market Revenues & Volume, By American Lobster, 2021-2031F

6.1.3 Latvia Lobster Market Revenues & Volume, By Spiny Lobster, 2021-2031F

6.1.4 Latvia Lobster Market Revenues & Volume, By Rock Lobster, 2021-2031F

6.1.5 Latvia Lobster Market Revenues & Volume, By European Lobster, 2021-2031F

6.2 Latvia Lobster Market, By Weight

6.2.1 Overview and Analysis

6.2.2 Latvia Lobster Market Revenues & Volume, By 0.5 ? ?? 0.75 lbs, 2021-2031F

6.2.3 Latvia Lobster Market Revenues & Volume, By 0.76 ? ?? 3.0 lbs, 2021-2031F

6.2.4 Latvia Lobster Market Revenues & Volume, By Over 3 lbs, 2021-2031F

6.3 Latvia Lobster Market, By Product Type

6.3.1 Overview and Analysis

6.3.2 Latvia Lobster Market Revenues & Volume, By Whole Lobster, 2021-2031F

6.3.3 Latvia Lobster Market Revenues & Volume, By Lobster Tail, 2021-2031F

6.3.4 Latvia Lobster Market Revenues & Volume, By Lobster Meat, 2021-2031F

6.3.5 Latvia Lobster Market Revenues & Volume, By Lobster Claw, 2021-2031F

6.4 Latvia Lobster Market, By Distribution Channel

6.4.1 Overview and Analysis

6.4.2 Latvia Lobster Market Revenues & Volume, By Food Service, 2021-2031F

6.4.3 Latvia Lobster Market Revenues & Volume, By Retail, 2021-2031F

7 Latvia Lobster Market Import-Export Trade Statistics

7.1 Latvia Lobster Market Export to Major Countries

7.2 Latvia Lobster Market Imports from Major Countries

8 Latvia Lobster Market Key Performance Indicators

8.1 Average selling price of lobsters in Latvia

8.2 Number of new restaurants offering lobster dishes

8.3 Consumer sentiment towards lobster consumption

8.4 Sustainability practices adopted by lobster suppliers

8.5 Lobster import/export volumes in Latvia

9 Latvia Lobster Market - Opportunity Assessment

9.1 Latvia Lobster Market Opportunity Assessment, By Species, 2021 & 2031F

9.2 Latvia Lobster Market Opportunity Assessment, By Weight, 2021 & 2031F

9.3 Latvia Lobster Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.4 Latvia Lobster Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Lobster Market - Competitive Landscape

10.1 Latvia Lobster Market Revenue Share, By Companies, 2024

10.2 Latvia Lobster Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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