| Product Code: ETC7917568 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s ornamental horticulture import market continued to see a high concentration, with top exporters being Netherlands, Lithuania, Poland, Germany, and Canada. Despite a negative CAGR of -4.84% from 2020 to 2024, there was a slight growth uptick of 2.1% from 2023 to 2024. The strong presence of these key exporting countries indicates a stable supply chain for Latvia`s ornamental horticulture sector, with potential for further growth and diversification in the coming years.

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 Ornamental Horticulture Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ornamental Horticulture Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ornamental Horticulture Market - Industry Life Cycle |
3.4 Latvia Ornamental Horticulture Market - Porter's Five Forces |
3.5 Latvia Ornamental Horticulture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Ornamental Horticulture Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Ornamental Horticulture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to demand for landscaping and beautification of urban spaces |
4.2.2 Growing awareness about environmental conservation and sustainable practices encouraging interest in ornamental horticulture |
4.2.3 Rising disposable income levels enabling consumers to spend more on ornamental plants and gardening products |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations impacting demand for ornamental plants |
4.3.2 Availability of cheaper imported ornamental plants impacting local producers |
4.3.3 Limited availability of skilled labor for maintaining ornamental gardens |
5 Latvia Ornamental Horticulture Market Trends |
6 Latvia Ornamental Horticulture Market, By Types |
6.1 Latvia Ornamental Horticulture Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ornamental Horticulture Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Ornamental Horticulture Market Revenues & Volume, By Floriculture, 2021- 2031F |
6.1.4 Latvia Ornamental Horticulture Market Revenues & Volume, By Nursery, 2021- 2031F |
6.2 Latvia Ornamental Horticulture Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ornamental Horticulture Market Revenues & Volume, By Flower Chain Stores, 2021- 2031F |
6.2.3 Latvia Ornamental Horticulture Market Revenues & Volume, By Domestic Wholesalers, 2021- 2031F |
6.2.4 Latvia Ornamental Horticulture Market Revenues & Volume, By Retail Outlet, 2021- 2031F |
6.2.5 Latvia Ornamental Horticulture Market Revenues & Volume, By Retail Florists, 2021- 2031F |
6.2.6 Latvia Ornamental Horticulture Market Revenues & Volume, By Garden Centers, 2021- 2031F |
6.2.7 Latvia Ornamental Horticulture Market Revenues & Volume, By Landscape Contractors, 2021- 2031F |
7 Latvia Ornamental Horticulture Market Import-Export Trade Statistics |
7.1 Latvia Ornamental Horticulture Market Export to Major Countries |
7.2 Latvia Ornamental Horticulture Market Imports from Major Countries |
8 Latvia Ornamental Horticulture Market Key Performance Indicators |
8.1 Number of landscaping projects initiated in urban areas |
8.2 Percentage of consumers opting for sustainable and eco-friendly ornamental plants |
8.3 Growth in sales of premium ornamental plants |
8.4 Adoption rate of technology in ornamental horticulture practices |
8.5 Percentage of local ornamental horticulture businesses investing in training and development of workforce |
9 Latvia Ornamental Horticulture Market - Opportunity Assessment |
9.1 Latvia Ornamental Horticulture Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Ornamental Horticulture Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Ornamental Horticulture Market - Competitive Landscape |
10.1 Latvia Ornamental Horticulture Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ornamental Horticulture 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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