| Product Code: ETC7904190 | 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 see a steady growth in alcoholic drinks import shipments, with Lithuania, Estonia, Belgium, Mexico, and Germany emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a balanced competitive landscape. Despite a slight decline in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-24 was a robust 7.85%, highlighting the sustained demand for imported alcoholic beverages in Latvia.

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 Drinks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alcoholic Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alcoholic Drinks Market - Industry Life Cycle |
3.4 Latvia Alcoholic Drinks Market - Porter's Five Forces |
3.5 Latvia Alcoholic Drinks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Alcoholic Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Alcoholic Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Latvia |
4.2.2 Growing popularity of craft and premium alcoholic drinks |
4.2.3 Tourism industry boosting demand for alcoholic beverages |
4.3 Market Restraints |
4.3.1 Stringent government regulations on alcohol advertising and distribution |
4.3.2 Health consciousness leading to a shift towards non-alcoholic beverages |
4.3.3 Economic instability impacting consumer spending on alcoholic drinks |
5 Latvia Alcoholic Drinks Market Trends |
6 Latvia Alcoholic Drinks Market, By Types |
6.1 Latvia Alcoholic Drinks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alcoholic Drinks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Alcoholic Drinks Market Revenues & Volume, By Beer, 2021- 2031F |
6.1.4 Latvia Alcoholic Drinks Market Revenues & Volume, By Spirits, 2021- 2031F |
6.1.5 Latvia Alcoholic Drinks Market Revenues & Volume, By Wine, 2021- 2031F |
6.1.6 Latvia Alcoholic Drinks Market Revenues & Volume, By Perry & Rice Wine, 2021- 2031F |
6.1.7 Latvia Alcoholic Drinks Market Revenues & Volume, By Hard Seltzer, 2021- 2031F |
6.1.8 Latvia Alcoholic Drinks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Alcoholic Drinks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alcoholic Drinks Market Revenues & Volume, By Pub, 2021- 2031F |
6.2.3 Latvia Alcoholic Drinks Market Revenues & Volume, By Internet Retailing, 2021- 2031F |
6.2.4 Latvia Alcoholic Drinks Market Revenues & Volume, By Liquor Stores, 2021- 2031F |
6.2.5 Latvia Alcoholic Drinks Market Revenues & Volume, By Grocery Shops, 2021- 2031F |
6.2.6 Latvia Alcoholic Drinks Market Revenues & Volume, By Supermarkets, 2021- 2031F |
6.2.7 Latvia Alcoholic Drinks Market Revenues & Volume, By Bars & Restaurants, 2021- 2031F |
7 Latvia Alcoholic Drinks Market Import-Export Trade Statistics |
7.1 Latvia Alcoholic Drinks Market Export to Major Countries |
7.2 Latvia Alcoholic Drinks Market Imports from Major Countries |
8 Latvia Alcoholic Drinks Market Key Performance Indicators |
8.1 Number of alcohol-related events and festivals in Latvia |
8.2 Percentage growth in the sales of premium and craft alcoholic beverages |
8.3 Consumer sentiment towards purchasing alcoholic drinks |
8.4 Volume of alcohol exports from Latvia |
8.5 Number of new product launches in the alcoholic drinks market |
9 Latvia Alcoholic Drinks Market - Opportunity Assessment |
9.1 Latvia Alcoholic Drinks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Alcoholic Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Alcoholic Drinks Market - Competitive Landscape |
10.1 Latvia Alcoholic Drinks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alcoholic Drinks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |