| Product Code: ETC7920986 | 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 |
The savory snack import market in Latvia continued to show strong growth in 2024, with Lithuania, Poland, Estonia, Germany, and Czechia emerging as the top exporting countries. Despite a decrease in the Herfindahl-Hirschman Index (HHI) concentration levels from 2023, the market still remains highly concentrated in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 7.78%, with a notable growth rate of 4.43% from 2023 to 2024. This indicates a sustained demand for savory snacks in Latvia and highlights the competitive landscape among the key exporting countries.

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 Savory Snack Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Savory Snack Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Savory Snack Market - Industry Life Cycle |
3.4 Latvia Savory Snack Market - Porter's Five Forces |
3.5 Latvia Savory Snack Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Savory Snack Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Savory Snack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for convenience foods |
4.2.2 Growing demand for healthier snack options |
4.2.3 Rising disposable income leading to higher purchasing power |
4.3 Market Restraints |
4.3.1 Health concerns related to excessive consumption of savory snacks |
4.3.2 Intense competition from other snack categories |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Latvia Savory Snack Market Trends |
6 Latvia Savory Snack Market, By Types |
6.1 Latvia Savory Snack Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Savory Snack Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Savory Snack Market Revenues & Volume, By Potato Chips, 2021- 2031F |
6.1.4 Latvia Savory Snack Market Revenues & Volume, By Extruded Snacks, 2021- 2031F |
6.1.5 Latvia Savory Snack Market Revenues & Volume, By Nuts, 2021- 2031F |
6.1.6 Latvia Savory Snack Market Revenues & Volume, By Seeds, 2021- 2031F |
6.1.7 Latvia Savory Snack Market Revenues & Volume, By Popcorn, 2021- 2031F |
6.1.8 Latvia Savory Snack Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Savory Snack Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Savory Snack Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Latvia Savory Snack Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Latvia Savory Snack Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 Latvia Savory Snack Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Savory Snack Market Import-Export Trade Statistics |
7.1 Latvia Savory Snack Market Export to Major Countries |
7.2 Latvia Savory Snack Market Imports from Major Countries |
8 Latvia Savory Snack Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the savory snack market |
8.3 Growth in online sales of savory snacks |
8.4 Consumer surveys on preferences and attitudes towards savory snacks |
8.5 Number of distribution channels carrying savory snack products |
9 Latvia Savory Snack Market - Opportunity Assessment |
9.1 Latvia Savory Snack Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Savory Snack Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Savory Snack Market - Competitive Landscape |
10.1 Latvia Savory Snack Market Revenue Share, By Companies, 2024 |
10.2 Latvia Savory Snack 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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