| Product Code: ETC7907599 | 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 |
In 2024, Latvia continued to rely on neighboring countries like Estonia and Lithuania, as well as Sweden, Finland, and the UK, for its cider and perry imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. Despite a moderate compound annual growth rate (CAGR) of 3.59% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -12.95%. This shift highlights potential challenges or changes in consumer preferences impacting the cider and perry import market in Latvia.

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 Cider/Perry Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cider/Perry Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cider/Perry Market - Industry Life Cycle |
3.4 Latvia Cider/Perry Market - Porter's Five Forces |
3.5 Latvia Cider/Perry Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.6 Latvia Cider/Perry Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia Cider/Perry Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Cider/Perry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for low-alcohol beverages |
4.2.2 Growing trend of health and wellness consciousness |
4.2.3 Rising popularity of craft and artisanal products in the beverage industry |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations affecting sales |
4.3.2 Regulatory challenges related to alcohol production and distribution |
4.3.3 Competition from other alcoholic and non-alcoholic beverage categories |
5 Latvia Cider/Perry Market Trends |
6 Latvia Cider/Perry Market, By Types |
6.1 Latvia Cider/Perry Market, By Packaging |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cider/Perry Market Revenues & Volume, By Packaging, 2021- 2031F |
6.1.3 Latvia Cider/Perry Market Revenues & Volume, By Draught, 2021- 2031F |
6.1.4 Latvia Cider/Perry Market Revenues & Volume, By Glass Bottles, 2021- 2031F |
6.1.5 Latvia Cider/Perry Market Revenues & Volume, By Cans, 2021- 2031F |
6.1.6 Latvia Cider/Perry Market Revenues & Volume, By Plastic Bottles, 2021- 2031F |
6.1.7 Latvia Cider/Perry Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Cider/Perry Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cider/Perry Market Revenues & Volume, By Cider, 2021- 2031F |
6.2.3 Latvia Cider/Perry Market Revenues & Volume, By Perry, 2021- 2031F |
6.3 Latvia Cider/Perry Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cider/Perry Market Revenues & Volume, By Online Trade, 2021- 2031F |
6.3.3 Latvia Cider/Perry Market Revenues & Volume, By Offline Trade, 2021- 2031F |
7 Latvia Cider/Perry Market Import-Export Trade Statistics |
7.1 Latvia Cider/Perry Market Export to Major Countries |
7.2 Latvia Cider/Perry Market Imports from Major Countries |
8 Latvia Cider/Perry Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the cider/perry market |
8.3 Growth in the number of cider/perry bars and dedicated retail spaces |
9 Latvia Cider/Perry Market - Opportunity Assessment |
9.1 Latvia Cider/Perry Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.2 Latvia Cider/Perry Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia Cider/Perry Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Cider/Perry Market - Competitive Landscape |
10.1 Latvia Cider/Perry Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cider/Perry 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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