| Product Code: ETC12068725 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continues to see a high concentration of alcohol e-commerce import shipments, with Metropolitan France, Netherlands, Estonia, Armenia, and Italy emerging as the top exporting countries. Despite a negative Compound Annual Growth Rate (CAGR) of -1.21% from 2020 to 2024, the market experienced a further decline in growth with a rate of -2.72% from 2023 to 2024. This indicates a challenging landscape for the alcohol e-commerce sector in Latvia, potentially influenced by various economic factors and changing consumer preferences.

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 Alcohol E-commerce Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alcohol E-commerce Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alcohol E-commerce Market - Industry Life Cycle |
3.4 Latvia Alcohol E-commerce Market - Porter's Five Forces |
3.5 Latvia Alcohol E-commerce Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Alcohol E-commerce Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.7 Latvia Alcohol E-commerce Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Alcohol E-commerce Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Alcohol E-commerce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet penetration and smartphone usage in Latvia |
4.2.2 Growing consumer preference for convenience and online shopping |
4.2.3 Demand for a wider variety of alcohol products available online |
4.3 Market Restraints |
4.3.1 Strict regulations and age verification requirements for alcohol sales online |
4.3.2 Lack of awareness and trust in online alcohol purchasing |
4.3.3 Limited delivery options and challenges in ensuring timely deliveries |
5 Latvia Alcohol E-commerce Market Trends |
6 Latvia Alcohol E-commerce Market, By Types |
6.1 Latvia Alcohol E-commerce Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alcohol E-commerce Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Alcohol E-commerce Market Revenues & Volume, By Spirits, 2021 - 2031F |
6.1.4 Latvia Alcohol E-commerce Market Revenues & Volume, By Beer, 2021 - 2031F |
6.1.5 Latvia Alcohol E-commerce Market Revenues & Volume, By Wine, 2021 - 2031F |
6.1.6 Latvia Alcohol E-commerce Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Alcohol E-commerce Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alcohol E-commerce Market Revenues & Volume, By Websites, 2021 - 2031F |
6.2.3 Latvia Alcohol E-commerce Market Revenues & Volume, By Mobile Apps, 2021 - 2031F |
6.2.4 Latvia Alcohol E-commerce Market Revenues & Volume, By Third-Party Marketplaces, 2021 - 2031F |
6.2.5 Latvia Alcohol E-commerce Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Alcohol E-commerce Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Alcohol E-commerce Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.3.3 Latvia Alcohol E-commerce Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.4 Latvia Alcohol E-commerce Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.5 Latvia Alcohol E-commerce Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Alcohol E-commerce Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Alcohol E-commerce Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.4.3 Latvia Alcohol E-commerce Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.4.4 Latvia Alcohol E-commerce Market Revenues & Volume, By Bars, 2021 - 2031F |
6.4.5 Latvia Alcohol E-commerce Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Alcohol E-commerce Market Import-Export Trade Statistics |
7.1 Latvia Alcohol E-commerce Market Export to Major Countries |
7.2 Latvia Alcohol E-commerce Market Imports from Major Countries |
8 Latvia Alcohol E-commerce Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Percentage of repeat customers |
8.3 Conversion rate of website visitors to customers |
9 Latvia Alcohol E-commerce Market - Opportunity Assessment |
9.1 Latvia Alcohol E-commerce Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Alcohol E-commerce Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.3 Latvia Alcohol E-commerce Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Alcohol E-commerce Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Alcohol E-commerce Market - Competitive Landscape |
10.1 Latvia Alcohol E-commerce Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alcohol E-commerce 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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