Latvia Alcoholic Beverages Market (2025-2031) | Size & Revenue, Trends, Competitive Landscape, Value, Segmentation, Analysis, Growth, Outlook, Forecast, Industry, Companies, Share

Market Forecast By Type (Beer, Distilled Spirits, Wine, Others), By Distribution Channel (Retail, Food Service) And Competitive Landscape
Product Code: ETC7904188 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Alcoholic Beverages Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia continued to see a steady flow of alcoholic beverages imports, with top exporting countries being Lithuania, Estonia, Belgium, Mexico, and Germany. The Herfindahl-Hirschman Index (HHI) indicated a moderate concentration in the market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 7.85%. This data suggests a stable market for alcoholic beverages imports in Latvia, with consistent contributions from key trading partners.

Key Highlights of the Report:

  • Latvia Alcoholic Beverages Market Outlook
  • Market Size of Latvia Alcoholic Beverages Market, 2024
  • Forecast of Latvia Alcoholic Beverages Market, 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Revenues & Volume for the Period 2021- 2031
  • Latvia Alcoholic Beverages Market Trend Evolution
  • Latvia Alcoholic Beverages Market Drivers and Challenges
  • Latvia Alcoholic Beverages Price Trends
  • Latvia Alcoholic Beverages Porter's Five Forces
  • Latvia Alcoholic Beverages Industry Life Cycle
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Beer for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Distilled Spirits for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Wine for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Retail for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Alcoholic Beverages Market Revenues & Volume By Food Service for the Period 2021- 2031
  • Latvia Alcoholic Beverages Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Alcoholic Beverages Top Companies Market Share
  • Latvia Alcoholic Beverages Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Alcoholic Beverages Company Profiles
  • Latvia Alcoholic Beverages Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Alcoholic Beverages Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Alcoholic Beverages Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Alcoholic Beverages Market - Industry Life Cycle

3.4 Latvia Alcoholic Beverages Market - Porter's Five Forces

3.5 Latvia Alcoholic Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Alcoholic Beverages Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Alcoholic Beverages Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income of consumers in Latvia

4.2.2 Growing popularity of craft and premium alcoholic beverages

4.2.3 Rising tourism in Latvia leading to increased demand for alcoholic beverages

4.3 Market Restraints

4.3.1 Stringent government regulations on alcohol advertising and sales

4.3.2 Health concerns and increasing awareness about the negative effects of alcohol consumption

5 Latvia Alcoholic Beverages Market Trends

6 Latvia Alcoholic Beverages Market, By Types

6.1 Latvia Alcoholic Beverages Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Alcoholic Beverages Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Alcoholic Beverages Market Revenues & Volume, By Beer, 2021- 2031F

6.1.4 Latvia Alcoholic Beverages Market Revenues & Volume, By Distilled Spirits, 2021- 2031F

6.1.5 Latvia Alcoholic Beverages Market Revenues & Volume, By Wine, 2021- 2031F

6.1.6 Latvia Alcoholic Beverages Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Alcoholic Beverages Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Latvia Alcoholic Beverages Market Revenues & Volume, By Retail, 2021- 2031F

6.2.3 Latvia Alcoholic Beverages Market Revenues & Volume, By Food Service, 2021- 2031F

7 Latvia Alcoholic Beverages Market Import-Export Trade Statistics

7.1 Latvia Alcoholic Beverages Market Export to Major Countries

7.2 Latvia Alcoholic Beverages Market Imports from Major Countries

8 Latvia Alcoholic Beverages Market Key Performance Indicators

8.1 Number of craft and premium alcoholic beverage brands entering the Latvian market

8.2 Tourism growth rate in Latvia

8.3 Percentage of consumers opting for low-alcohol or alcohol-free alternatives

8.4 Number of alcohol-related health campaigns and initiatives implemented in Latvia

8.5 Consumer sentiment towards local vs. imported alcoholic beverages

9 Latvia Alcoholic Beverages Market - Opportunity Assessment

9.1 Latvia Alcoholic Beverages Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Alcoholic Beverages Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Alcoholic Beverages Market - Competitive Landscape

10.1 Latvia Alcoholic Beverages Market Revenue Share, By Companies, 2024

10.2 Latvia Alcoholic Beverages Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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