| Product Code: ETC4847106 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The chocolate syrup import market in Latvia continues to thrive with a diverse range of suppliers, led by Poland, Ukraine, Lithuania, Estonia, and Belgium in 2024. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive landscape. With a remarkable compound annual growth rate (CAGR) of 25.37% from 2020-2024 and a rapid growth rate of 31.24% in 2023-24, the market shows strong momentum and potential for further expansion. LatviaâÂÂs appetite for chocolate syrup imports is clearly on the rise, presenting opportunities for both domestic and international suppliers.
| 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 Chocolate Syrup Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Chocolate Syrup Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Chocolate Syrup Market - Industry Life Cycle | 
| 3.4 Latvia Chocolate Syrup Market - Porter's Five Forces | 
| 3.5 Latvia Chocolate Syrup Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Chocolate Syrup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F | 
| 4 Latvia Chocolate Syrup Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing consumer preference for indulgent and premium food products | 
| 4.2.2 Growing demand for convenience and ready-to-use food items | 
| 4.2.3 Rising popularity of homemade desserts and beverages | 
| 4.3 Market Restraints | 
| 4.3.1 Fluctuating prices of raw materials like cocoa beans and sugar | 
| 4.3.2 Intense competition from other dessert toppings and syrups | 
| 4.3.3 Government regulations and policies affecting the production and distribution of chocolate syrup | 
| 5 Latvia Chocolate Syrup Market Trends | 
| 6 Latvia Chocolate Syrup Market Segmentations | 
| 6.1 Latvia Chocolate Syrup Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Chocolate Syrup Market Revenues & Volume, By Conventional, 2021-2031F | 
| 6.1.3 Latvia Chocolate Syrup Market Revenues & Volume, By Organic, 2021-2031F | 
| 6.2 Latvia Chocolate Syrup Market, By Distribution Channel | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Chocolate Syrup Market Revenues & Volume, By Grocery Stores, 2021-2031F | 
| 6.2.3 Latvia Chocolate Syrup Market Revenues & Volume, By Hypermarket or Supermarket, 2021-2031F | 
| 6.2.4 Latvia Chocolate Syrup Market Revenues & Volume, By e-Commerce Platform, 2021-2031F | 
| 7 Latvia Chocolate Syrup Market Import-Export Trade Statistics | 
| 7.1 Latvia Chocolate Syrup Market Export to Major Countries | 
| 7.2 Latvia Chocolate Syrup Market Imports from Major Countries | 
| 8 Latvia Chocolate Syrup Market Key Performance Indicators | 
| 8.1 Consumer engagement and feedback on social media platforms | 
| 8.2 Number of new product launches and innovations in the chocolate syrup market | 
| 8.3 Growth in the number of cafes, bakeries, and dessert parlors offering chocolate syrup-based products | 
| 9 Latvia Chocolate Syrup Market - Opportunity Assessment | 
| 9.1 Latvia Chocolate Syrup Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Chocolate Syrup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 10 Latvia Chocolate Syrup Market - Competitive Landscape | 
| 10.1 Latvia Chocolate Syrup Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Chocolate Syrup Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |