| Product Code: ETC7906802 | 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 |
Latvia`s import of cannabidiol in 2024 saw significant growth, with top exporters being Germany, Spain, India, Netherlands, and Lithuania. The market concentration, as measured by HHI, decreased from moderate to low concentration, indicating a more diversified import market. Despite a negative CAGR from 2020 to 2024, the growth rate in 2024 surged by 71.03%, showcasing a promising trend for the industry. The involvement of various countries in exporting cannabidiol to Latvia signifies a growing interest and potential for further expansion in the market.

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 Cannabidiol Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cannabidiol Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cannabidiol Market - Industry Life Cycle |
3.4 Latvia Cannabidiol Market - Porter's Five Forces |
3.5 Latvia Cannabidiol Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.6 Latvia Cannabidiol Market Revenues & Volume Share, By Sales Type, 2021 & 2031F |
3.7 Latvia Cannabidiol Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Cannabidiol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of Cannabidiol (CBD) |
4.2.2 Growing acceptance of CBD products for medical and wellness purposes |
4.2.3 Favorable regulatory environment supporting the use and sale of CBD products in Latvia |
4.3 Market Restraints |
4.3.1 Lack of clear regulations and guidelines on the production and sales of CBD products |
4.3.2 Limited availability of high-quality and reliable CBD products in the market |
4.3.3 Stigma associated with CBD due to its association with cannabis |
5 Latvia Cannabidiol Market Trends |
6 Latvia Cannabidiol Market, By Types |
6.1 Latvia Cannabidiol Market, By Source Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cannabidiol Market Revenues & Volume, By Source Type, 2021- 2031F |
6.1.3 Latvia Cannabidiol Market Revenues & Volume, By Hemp, 2021- 2031F |
6.1.4 Latvia Cannabidiol Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.2 Latvia Cannabidiol Market, By Sales Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cannabidiol Market Revenues & Volume, By B2B, 2021- 2031F |
6.2.3 Latvia Cannabidiol Market Revenues & Volume, By B2C, 2021- 2031F |
6.3 Latvia Cannabidiol Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cannabidiol Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.3 Latvia Cannabidiol Market Revenues & Volume, By Personal Use, 2021- 2031F |
6.3.4 Latvia Cannabidiol Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.3.5 Latvia Cannabidiol Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Latvia Cannabidiol Market Import-Export Trade Statistics |
7.1 Latvia Cannabidiol Market Export to Major Countries |
7.2 Latvia Cannabidiol Market Imports from Major Countries |
8 Latvia Cannabidiol Market Key Performance Indicators |
8.1 Number of new CBD product launches in the market |
8.2 Percentage increase in consumer spending on CBD products |
8.3 Growth in the number of licensed CBD retailers in Latvia |
8.4 Percentage of healthcare professionals recommending CBD products |
8.5 Increase in online search volume for CBD-related keywords |
9 Latvia Cannabidiol Market - Opportunity Assessment |
9.1 Latvia Cannabidiol Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.2 Latvia Cannabidiol Market Opportunity Assessment, By Sales Type, 2021 & 2031F |
9.3 Latvia Cannabidiol Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Cannabidiol Market - Competitive Landscape |
10.1 Latvia Cannabidiol Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cannabidiol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |