| Product Code: ETC5346521 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia continues to see a steady increase in nut ingredient import shipments, with top exporters in 2024 including Germany, Lithuania, Chile, China, and Finland. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at 1.18%, showcasing a consistent upward trend. Notably, there was a significant growth rate of 33.28% from 2023 to 2024, suggesting a surge in demand for nut ingredients in Latvia during that period.

By 2027, Latvia's Nut Ingredients market is forecasted to achieve a stable growth rate of 4.15%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Nut Ingredients Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nut Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nut Ingredients Market - Industry Life Cycle |
3.4 Latvia Nut Ingredients Market - Porter's Five Forces |
3.5 Latvia Nut Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Nut Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Nut Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Nut Ingredients Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Nut Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of nuts |
4.2.2 Growing demand for natural and organic ingredients in food products |
4.2.3 Rising popularity of plant-based diets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of nuts due to external factors like climate change and market conditions |
4.3.2 Limited availability of certain types of nuts in the region |
5 Latvia Nut Ingredients Market Trends |
6 Latvia Nut Ingredients Market Segmentations |
6.1 Latvia Nut Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nut Ingredients Market Revenues & Volume, By Peanut, 2021-2031F |
6.1.3 Latvia Nut Ingredients Market Revenues & Volume, By Walnut, 2021-2031F |
6.1.4 Latvia Nut Ingredients Market Revenues & Volume, By Almond, 2021-2031F |
6.1.5 Latvia Nut Ingredients Market Revenues & Volume, By Cashew, 2021-2031F |
6.1.6 Latvia Nut Ingredients Market Revenues & Volume, By Hazelnut, 2021-2031F |
6.1.7 Latvia Nut Ingredients Market Revenues & Volume, By Pistachio, 2021-2031F |
6.1.9 Latvia Nut Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Latvia Nut Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Nut Ingredients Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nut Ingredients Market Revenues & Volume, By Granular, 2021-2031F |
6.2.3 Latvia Nut Ingredients Market Revenues & Volume, By Paste, 2021-2031F |
6.2.4 Latvia Nut Ingredients Market Revenues & Volume, By Roasted, 2021-2031F |
6.3 Latvia Nut Ingredients Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nut Ingredients Market Revenues & Volume, By Snacks And Bar, 2021-2031F |
6.3.3 Latvia Nut Ingredients Market Revenues & Volume, By Chocolate And Confectionery, 2021-2031F |
6.3.4 Latvia Nut Ingredients Market Revenues & Volume, By Bakery Products, 2021-2031F |
6.3.5 Latvia Nut Ingredients Market Revenues & Volume, By Spreads, 2021-2031F |
6.3.6 Latvia Nut Ingredients Market Revenues & Volume, By Sauces And Seasonings, 2021-2031F |
6.3.7 Latvia Nut Ingredients Market Revenues & Volume, By Desserts And Ice Cream, 2021-2031F |
6.3.8 Latvia Nut Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Latvia Nut Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Nut Ingredients Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Latvia Nut Ingredients Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Latvia Nut Ingredients Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Nut Ingredients Market Import-Export Trade Statistics |
7.1 Latvia Nut Ingredients Market Export to Major Countries |
7.2 Latvia Nut Ingredients Market Imports from Major Countries |
8 Latvia Nut Ingredients Market Key Performance Indicators |
8.1 Nut consumption per capita in Latvia |
8.2 Number of new product launches containing nut ingredients |
8.3 Percentage of food manufacturers using nuts in their products |
9 Latvia Nut Ingredients Market - Opportunity Assessment |
9.1 Latvia Nut Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Nut Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Nut Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Nut Ingredients Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Nut Ingredients Market - Competitive Landscape |
10.1 Latvia Nut Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nut Ingredients 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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