| Product Code: ETC7924974 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports of yellow pea flour, with top exporting countries being Estonia, Lithuania, Germany, Netherlands, and Peru. The market remained highly concentrated, indicating limited diversification among suppliers. The compound annual growth rate (CAGR) for the period 2020-24 was notably negative at -23.17%, and the growth rate from 2023 to 2024 recorded a sharp decline of -81.03%. These trends suggest a challenging market environment for yellow pea flour imports in Latvia, potentially driven by various factors impacting demand and supply dynamics.

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 Yellow Pea Flour Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Yellow Pea Flour Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Yellow Pea Flour Market - Industry Life Cycle |
3.4 Latvia Yellow Pea Flour Market - Porter's Five Forces |
3.5 Latvia Yellow Pea Flour Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Yellow Pea Flour Market Revenues & Volume Share, By Origin, 2021 & 2031F |
3.7 Latvia Yellow Pea Flour Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Yellow Pea Flour Market Revenues & Volume Share, By DistributionChannel, 2021 & 2031F |
4 Latvia Yellow Pea Flour Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of yellow pea flour |
4.2.2 Growing trend towards plant-based and gluten-free diets |
4.2.3 Rising demand for natural and clean label products in the food industry |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for yellow pea flour production |
4.3.2 Fluctuating prices of yellow peas impacting production costs |
4.3.3 Lack of widespread consumer awareness and acceptance of yellow pea flour as a substitute for traditional flours |
5 Latvia Yellow Pea Flour Market Trends |
6 Latvia Yellow Pea Flour Market, By Types |
6.1 Latvia Yellow Pea Flour Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Yellow Pea Flour Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Yellow Pea Flour Market Revenues & Volume, By Pea Flour, 2021- 2031F |
6.1.4 Latvia Yellow Pea Flour Market Revenues & Volume, By Pea Starch, 2021- 2031F |
6.2 Latvia Yellow Pea Flour Market, By Origin |
6.2.1 Overview and Analysis |
6.2.2 Latvia Yellow Pea Flour Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Latvia Yellow Pea Flour Market Revenues & Volume, By Inorganic, 2021- 2031F |
6.3 Latvia Yellow Pea Flour Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Yellow Pea Flour Market Revenues & Volume, By Baking industrial, 2021- 2031F |
6.3.3 Latvia Yellow Pea Flour Market Revenues & Volume, By Nutrition, 2021- 2031F |
6.3.4 Latvia Yellow Pea Flour Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Latvia Yellow Pea Flour Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Yellow Pea Flour Market, By DistributionChannel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Yellow Pea Flour Market Revenues & Volume, By Direct, 2021- 2031F |
6.4.3 Latvia Yellow Pea Flour Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Latvia Yellow Pea Flour Market Import-Export Trade Statistics |
7.1 Latvia Yellow Pea Flour Market Export to Major Countries |
7.2 Latvia Yellow Pea Flour Market Imports from Major Countries |
8 Latvia Yellow Pea Flour Market Key Performance Indicators |
8.1 Consumer demand for gluten-free products in Latvia |
8.2 Number of new product launches containing yellow pea flour |
8.3 Adoption rate of yellow pea flour by food manufacturers in Latvia |
9 Latvia Yellow Pea Flour Market - Opportunity Assessment |
9.1 Latvia Yellow Pea Flour Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Yellow Pea Flour Market Opportunity Assessment, By Origin, 2021 & 2031F |
9.3 Latvia Yellow Pea Flour Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Yellow Pea Flour Market Opportunity Assessment, By DistributionChannel, 2021 & 2031F |
10 Latvia Yellow Pea Flour Market - Competitive Landscape |
10.1 Latvia Yellow Pea Flour Market Revenue Share, By Companies, 2024 |
10.2 Latvia Yellow Pea Flour 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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