| Product Code: ETC4699210 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s cigar import market in 2024 continued to showcase high concentration, with top exporters being Poland, Lithuania, Romania, Germany, and Czechia. Despite a modest compound annual growth rate (CAGR) of 0.1% from 2020 to 2024, there was a notable growth spurt in 2024 with a 2.05% increase from the previous year. This suggests a potential shift or new opportunities in the market for both Latvian importers and exporters in the cigar industry.

The Cigar market in Latvia is projected to grow at a stable growth rate of 0.96% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cigar Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cigar Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cigar Market - Industry Life Cycle |
3.4 Latvia Cigar Market - Porter's Five Forces |
3.5 Latvia Cigar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Cigar Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Cigar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Cigar Market Trends |
6 Latvia Cigar Market Segmentations |
6.1 Latvia Cigar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cigar Market Revenues & Volume, By Conventional Cigar, 2021-2031F |
6.1.3 Latvia Cigar Market Revenues & Volume, By Premium Cigar, 2021-2031F |
6.2 Latvia Cigar Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cigar Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
6.2.3 Latvia Cigar Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
7 Latvia Cigar Market Import-Export Trade Statistics |
7.1 Latvia Cigar Market Export to Major Countries |
7.2 Latvia Cigar Market Imports from Major Countries |
8 Latvia Cigar Market Key Performance Indicators |
9 Latvia Cigar Market - Opportunity Assessment |
9.1 Latvia Cigar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Cigar Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Cigar Market - Competitive Landscape |
10.1 Latvia Cigar Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cigar Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |