| Product Code: ETC7917433 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s import shipments of orange extract in 2024 were mainly sourced from top exporters Spain, Netherlands, UK, Germany, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates significant market concentration. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the impressive growth rate in 2024 highlights a rapid expansion in demand. This data suggests a dynamic market for orange extract imports in Latvia, with potential opportunities for market players to explore.

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 Orange Extract Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Orange Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Orange Extract Market - Industry Life Cycle |
3.4 Latvia Orange Extract Market - Porter's Five Forces |
3.5 Latvia Orange Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Latvia Orange Extract Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Latvia Orange Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of orange extract |
4.2.2 Growing demand for natural and organic ingredients in food and beverage industry |
4.2.3 Rising popularity of orange-flavored products in the Latvian market |
4.3 Market Restraints |
4.3.1 Seasonal availability and fluctuating prices of oranges affecting the supply chain |
4.3.2 Regulatory challenges related to food safety and quality standards |
4.3.3 Competition from alternative citrus extracts such as lemon or grapefruit |
5 Latvia Orange Extract Market Trends |
6 Latvia Orange Extract Market, By Types |
6.1 Latvia Orange Extract Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Orange Extract Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Latvia Orange Extract Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Latvia Orange Extract Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Latvia Orange Extract Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Latvia Orange Extract Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Latvia Orange Extract Market Revenues & Volume, By Conventional, 2021- 2031F |
7 Latvia Orange Extract Market Import-Export Trade Statistics |
7.1 Latvia Orange Extract Market Export to Major Countries |
7.2 Latvia Orange Extract Market Imports from Major Countries |
8 Latvia Orange Extract Market Key Performance Indicators |
8.1 Number of new product launches featuring orange extract |
8.2 Consumer satisfaction and repeat purchase rate of products containing orange extract |
8.3 Percentage increase in the usage of orange extract by food and beverage manufacturers |
9 Latvia Orange Extract Market - Opportunity Assessment |
9.1 Latvia Orange Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Latvia Orange Extract Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Latvia Orange Extract Market - Competitive Landscape |
10.1 Latvia Orange Extract Market Revenue Share, By Companies, 2024 |
10.2 Latvia Orange Extract 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.
To discover high-growth global markets and optimize your business strategy:
Click Here