| Product Code: ETC7905006 | 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 |
The automatic brewing equipment import market in Latvia experienced a decline in 2024, with a negative Compound Annual Growth Rate (CAGR) of -9.41% from 2020 to 2024. Despite the challenging year, top exporters to Latvia included Germany, Lithuania, Spain, Italy, and Poland. The Herfindahl-Hirschman Index (HHI) indicated high market concentration. Furthermore, the steep decline in growth rate from 2023 to 2024 at -62.83% signals a significant shift in market dynamics, highlighting the need for stakeholders to adapt to changing trends and consumer preferences in the brewing equipment industry.

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 Automatic Brewing Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automatic Brewing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automatic Brewing Equipment Market - Industry Life Cycle |
3.4 Latvia Automatic Brewing Equipment Market - Porter's Five Forces |
3.5 Latvia Automatic Brewing Equipment Market Revenues & Volume Share, By Brewery Type, 2021 & 2031F |
3.6 Latvia Automatic Brewing Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.7 Latvia Automatic Brewing Equipment Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
4 Latvia Automatic Brewing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of specialty coffee culture in Latvia |
4.2.2 Growing demand for convenience and time-saving solutions in coffee preparation |
4.2.3 Rising disposable income leading to higher spending on premium coffee products |
4.3 Market Restraints |
4.3.1 High initial investment cost of automatic brewing equipment |
4.3.2 Limited awareness and education about the benefits of using automatic brewing equipment |
4.3.3 Competition from traditional coffee-making methods and established cafes |
5 Latvia Automatic Brewing Equipment Market Trends |
6 Latvia Automatic Brewing Equipment Market, By Types |
6.1 Latvia Automatic Brewing Equipment Market, By Brewery Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Brewery Type, 2021- 2031F |
6.1.3 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Macrobrewery, 2021- 2031F |
6.1.4 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Craft Brewery, 2021- 2031F |
6.1.5 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Microbrewery, 2021- 2031F |
6.1.6 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Brewpub, 2021- 2031F |
6.1.7 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Automatic Brewing Equipment Market, By Equipment Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Macrobrewery Equipment, 2021- 2031F |
6.2.3 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Milling equipment, 2021- 2031F |
6.2.4 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Brewhouse, 2021- 2031F |
6.2.5 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Mash kettles, 2021- 2031F |
6.2.6 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Lauter tun, 2021- 2031F |
6.2.7 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Wort kettles, 2021- 2031F |
6.2.8 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Automatic Brewing Equipment Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Brass, 2021- 2031F |
6.3.3 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Copper, 2021- 2031F |
6.3.4 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Aluminum, 2021- 2031F |
6.3.5 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.3.6 Latvia Automatic Brewing Equipment Market Revenues & Volume, By Mild steel, 2021- 2031F |
7 Latvia Automatic Brewing Equipment Market Import-Export Trade Statistics |
7.1 Latvia Automatic Brewing Equipment Market Export to Major Countries |
7.2 Latvia Automatic Brewing Equipment Market Imports from Major Countries |
8 Latvia Automatic Brewing Equipment Market Key Performance Indicators |
8.1 Customer satisfaction ratings for automatic brewing equipment |
8.2 Number of specialty coffee shops adopting automatic brewing equipment |
8.3 Percentage increase in online searches for automatic brewing equipment in Latvia |
9 Latvia Automatic Brewing Equipment Market - Opportunity Assessment |
9.1 Latvia Automatic Brewing Equipment Market Opportunity Assessment, By Brewery Type, 2021 & 2031F |
9.2 Latvia Automatic Brewing Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.3 Latvia Automatic Brewing Equipment Market Opportunity Assessment, By Material Type, 2021 & 2031F |
10 Latvia Automatic Brewing Equipment Market - Competitive Landscape |
10.1 Latvia Automatic Brewing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automatic Brewing Equipment 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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