| Product Code: ETC5080521 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the negative CAGR and sharp decline in growth rate from 2023 to 2024, Latvia`s brewery plant and equipment import shipments continued to see high concentration with top exporters being Germany, Lithuania, Spain, Italy, and Poland. The market remains competitive, with these countries dominating the export market to Latvia. It will be interesting to monitor how the industry evolves in the coming years and if any new players emerge to challenge the existing high concentration levels.

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 Brewery Plant and Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Brewery Plant and Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Brewery Plant and Equipment Market - Industry Life Cycle |
3.4 Latvia Brewery Plant and Equipment Market - Porter's Five Forces |
3.5 Latvia Brewery Plant and Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Brewery Plant and Equipment Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.7 Latvia Brewery Plant and Equipment Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Brewery Plant and Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for craft beer and specialty beverages in Latvia |
4.2.2 Government initiatives to promote the brewing industry |
4.2.3 Expansion of existing breweries and entry of new players into the market |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up brewery plants and acquiring equipment |
4.3.2 Stringent regulations and compliance requirements in the brewing industry |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Latvia Brewery Plant and Equipment Market Trends |
6 Latvia Brewery Plant and Equipment Market Segmentations |
6.1 Latvia Brewery Plant and Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Brewery Plant, 2021-2031F |
6.1.3 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Brewery Equipment, 2021-2031F |
6.2 Latvia Brewery Plant and Equipment Market, By Mode of Operation |
6.2.1 Overview and Analysis |
6.2.2 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Automatic, 2021-2031F |
6.2.3 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.2.4 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.3 Latvia Brewery Plant and Equipment Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Macro Brewery, 2021-2031F |
6.3.3 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.3.4 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Microbrewery, 2021-2031F |
6.3.5 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Brewpub, 2021-2031F |
6.3.6 Latvia Brewery Plant and Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Brewery Plant and Equipment Market Import-Export Trade Statistics |
7.1 Latvia Brewery Plant and Equipment Market Export to Major Countries |
7.2 Latvia Brewery Plant and Equipment Market Imports from Major Countries |
8 Latvia Brewery Plant and Equipment Market Key Performance Indicators |
8.1 Percentage of breweries in Latvia using modern and efficient equipment |
8.2 Average age of brewery plants in Latvia |
8.3 Investment in research and development for brewery equipment innovation |
8.4 Number of brewery plant expansions or new installations in a given period |
9 Latvia Brewery Plant and Equipment Market - Opportunity Assessment |
9.1 Latvia Brewery Plant and Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Brewery Plant and Equipment Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
9.3 Latvia Brewery Plant and Equipment Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Brewery Plant and Equipment Market - Competitive Landscape |
10.1 Latvia Brewery Plant and Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Brewery Plant and 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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