| Product Code: ETC7921223 | 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 continued to see a diverse range of serveware imports, with top suppliers including Poland, Lithuania, Netherlands, Germany, and China. The market remained competitive with low concentration levels, indicating a balanced distribution among suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 6.38%, reflecting sustained interest in serveware imports in Latvia. Overall, the market presents opportunities for both domestic and international suppliers to cater to the demand for serveware in the country.

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 Serveware Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Serveware Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Serveware Market - Industry Life Cycle |
3.4 Latvia Serveware Market - Porter's Five Forces |
3.5 Latvia Serveware Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Serveware Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Latvia Serveware Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Serveware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Latvia |
4.2.2 Growing trend of hosting social gatherings and events |
4.2.3 Rising popularity of home cooking and entertaining |
4.2.4 Expansion of the hospitality industry in Latvia |
4.3 Market Restraints |
4.3.1 Competition from low-cost serveware imported from other countries |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Slowdown in the overall economy impacting consumer spending on non-essential items |
5 Latvia Serveware Market Trends |
6 Latvia Serveware Market, By Types |
6.1 Latvia Serveware Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Serveware Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Serveware Market Revenues & Volume, By Bowls & Platters, 2021- 2031F |
6.1.4 Latvia Serveware Market Revenues & Volume, By Chafing Dish, 2021- 2031F |
6.1.5 Latvia Serveware Market Revenues & Volume, By Jugs & Beverage Pots, 2021- 2031F |
6.1.6 Latvia Serveware Market Revenues & Volume, By Boards & Trays, 2021- 2031F |
6.1.7 Latvia Serveware Market Revenues & Volume, By Condiments & Sauceboats, 2021- 2031F |
6.1.8 Latvia Serveware Market Revenues & Volume, By Compotes & Tiered Stands, 2021- 2031F |
6.2 Latvia Serveware Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Serveware Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.3 Latvia Serveware Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.4 Latvia Serveware Market Revenues & Volume, By Glass, 2021- 2031F |
6.2.5 Latvia Serveware Market Revenues & Volume, By Ceramic, 2021- 2031F |
6.2.6 Latvia Serveware Market Revenues & Volume, By Wood & Others, 2021- 2031F |
6.3 Latvia Serveware Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Serveware Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.3 Latvia Serveware Market Revenues & Volume, By Household, 2021- 2031F |
7 Latvia Serveware Market Import-Export Trade Statistics |
7.1 Latvia Serveware Market Export to Major Countries |
7.2 Latvia Serveware Market Imports from Major Countries |
8 Latvia Serveware Market Key Performance Indicators |
8.1 Average spending per household on serveware |
8.2 Number of new product launches in the serveware market |
8.3 Customer satisfaction and repeat purchase rate for serveware products |
8.4 Online engagement and social media presence of serveware brands |
9 Latvia Serveware Market - Opportunity Assessment |
9.1 Latvia Serveware Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Serveware Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Latvia Serveware Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Serveware Market - Competitive Landscape |
10.1 Latvia Serveware Market Revenue Share, By Companies, 2024 |
10.2 Latvia Serveware 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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