| Product Code: ETC5679135 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a slight decline in growth rate from 2023 to 2024, Latvia`s beer import market continues to show resilience with a healthy CAGR of 7.85% from 2020 to 2024. The top exporting countries to Latvia in 2024 include neighboring countries Lithuania and Estonia, as well as Belgium, Mexico, and Germany. The market remains moderately concentrated, suggesting a competitive landscape that offers various options for consumers. Overall, the beer import market in Latvia appears to be stable and supported by a diverse range of sources for its imports.

The Beer market in Latvia is projected to grow at a stable growth rate of 4.13% 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 Beer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Beer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Beer Market - Industry Life Cycle |
3.4 Latvia Beer Market - Porter's Five Forces |
3.5 Latvia Beer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Beer Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Latvia Beer Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Latvia Beer Market Revenues & Volume Share, By Production, 2021 & 2031F |
4 Latvia Beer 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 beers and specialty brews |
4.2.3 Tourism industry driving demand for beer consumption |
4.3 Market Restraints |
4.3.1 Stringent regulations on alcohol advertising and marketing |
4.3.2 Health concerns and increasing awareness about the negative effects of excessive alcohol consumption |
5 Latvia Beer Market Trends |
6 Latvia Beer Market Segmentations |
6.1 Latvia Beer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Beer Market Revenues & Volume, By Lager, 2021-2031F |
6.1.3 Latvia Beer Market Revenues & Volume, By Ale, 2021-2031F |
6.1.4 Latvia Beer Market Revenues & Volume, By Stout & Porter, 2021-2031F |
6.1.5 Latvia Beer Market Revenues & Volume, By Malt, 2021-2031F |
6.1.6 Latvia Beer Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Beer Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Latvia Beer Market Revenues & Volume, By Popular Price, 2021-2031F |
6.2.3 Latvia Beer Market Revenues & Volume, By Premium, 2021-2031F |
6.2.4 Latvia Beer Market Revenues & Volume, By Super Premium, 2021-2031F |
6.3 Latvia Beer Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Latvia Beer Market Revenues & Volume, By Glass, 2021-2031F |
6.3.3 Latvia Beer Market Revenues & Volume, By PET Bottle, 2021-2031F |
6.3.4 Latvia Beer Market Revenues & Volume, By Metal Can, 2021-2031F |
6.3.5 Latvia Beer Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Beer Market, By Production |
6.4.1 Overview and Analysis |
6.4.2 Latvia Beer Market Revenues & Volume, By Macro-brewery, 2021-2031F |
6.4.3 Latvia Beer Market Revenues & Volume, By Micro-brewery, 2021-2031F |
6.4.4 Latvia Beer Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.4.5 Latvia Beer Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Beer Market Import-Export Trade Statistics |
7.1 Latvia Beer Market Export to Major Countries |
7.2 Latvia Beer Market Imports from Major Countries |
8 Latvia Beer Market Key Performance Indicators |
8.1 Number of new craft beer breweries established in Latvia |
8.2 Percentage of imported specialty beers in the market |
8.3 Consumer sentiment towards premium and craft beer offerings |
9 Latvia Beer Market - Opportunity Assessment |
9.1 Latvia Beer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Beer Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Latvia Beer Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Latvia Beer Market Opportunity Assessment, By Production, 2021 & 2031F |
10 Latvia Beer Market - Competitive Landscape |
10.1 Latvia Beer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Beer 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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