| Product Code: ETC7918037 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see significant imports of Parmesan cheese, with top exporting countries being Lithuania, Italy, Poland, Estonia, and Germany. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 8.02%, showcasing sustained demand for Parmesan cheese in Latvia. Furthermore, the growth rate from 2023 to 2024 stood at 3.79%, indicating a steady increase in import volumes. This data suggests a thriving market for Parmesan cheese in Latvia with strong potential for continued growth.

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 Parmesan Cheese Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Parmesan Cheese Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Parmesan Cheese Market - Industry Life Cycle |
3.4 Latvia Parmesan Cheese Market - Porter's Five Forces |
3.5 Latvia Parmesan Cheese Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Parmesan Cheese Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Parmesan Cheese Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for Italian cuisine and cheese products |
4.2.2 Increasing disposable income among the Latvian population |
4.2.3 Rising awareness about the health benefits of consuming Parmesan cheese |
4.3 Market Restraints |
4.3.1 Price volatility of Parmesan cheese due to factors like production costs and import tariffs |
4.3.2 Competition from other cheese varieties in the Latvian market |
5 Latvia Parmesan Cheese Market Trends |
6 Latvia Parmesan Cheese Market, By Types |
6.1 Latvia Parmesan Cheese Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Parmesan Cheese Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Parmesan Cheese Market Revenues & Volume, By Cheese Blocks, 2021- 2031F |
6.1.4 Latvia Parmesan Cheese Market Revenues & Volume, By Grated, 2021- 2031F |
6.1.5 Latvia Parmesan Cheese Market Revenues & Volume, By Powder, 2021- 2031F |
6.2 Latvia Parmesan Cheese Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Parmesan Cheese Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Latvia Parmesan Cheese Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Parmesan Cheese Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 Latvia Parmesan Cheese Market Revenues & Volume, By Other Distribution Channels, 2021- 2031F |
7 Latvia Parmesan Cheese Market Import-Export Trade Statistics |
7.1 Latvia Parmesan Cheese Market Export to Major Countries |
7.2 Latvia Parmesan Cheese Market Imports from Major Countries |
8 Latvia Parmesan Cheese Market Key Performance Indicators |
8.1 Number of new Italian restaurants or specialty food stores in Latvia |
8.2 Consumer surveys indicating an increase in preference for Parmesan cheese |
8.3 Percentage growth in per capita consumption of Parmesan cheese in Latvia |
9 Latvia Parmesan Cheese Market - Opportunity Assessment |
9.1 Latvia Parmesan Cheese Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Parmesan Cheese Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Parmesan Cheese Market - Competitive Landscape |
10.1 Latvia Parmesan Cheese Market Revenue Share, By Companies, 2024 |
10.2 Latvia Parmesan Cheese 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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