| Product Code: ETC5793515 | 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 negative compound annual growth rate (CAGR) from 2020 to 2024, Latvia saw a promising growth rate of 4.94% in cocoa and chocolate imports in 2024. The top exporting countries to Latvia, including the Netherlands, Lithuania, and Estonia, continue to dominate the market, contributing to the high concentration levels indicated by the Herfindahl-Hirschman Index (HHI). This data suggests a stable market with strong ties to key trading partners, indicating potential opportunities for further growth and collaboration in the cocoa and chocolate industry for 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 Cocoa and Chocolate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cocoa and Chocolate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cocoa and Chocolate Market - Industry Life Cycle |
3.4 Latvia Cocoa and Chocolate Market - Porter's Five Forces |
3.5 Latvia Cocoa and Chocolate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Cocoa and Chocolate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Cocoa and Chocolate Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.8 Latvia Cocoa and Chocolate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Cocoa and Chocolate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and artisanal chocolates |
4.2.2 Growing awareness about the health benefits of dark chocolate |
4.2.3 Rising demand for organic and ethically sourced cocoa and chocolate products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of cocoa beans impacting production costs |
4.3.2 Intense competition from international chocolate brands |
4.3.3 Regulatory challenges related to food safety and labeling |
5 Latvia Cocoa and Chocolate Market Trends |
6 Latvia Cocoa and Chocolate Market Segmentations |
6.1 Latvia Cocoa and Chocolate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cocoa and Chocolate Market Revenues & Volume, By Dark Chocolate, 2021-2031F |
6.1.3 Latvia Cocoa and Chocolate Market Revenues & Volume, By Milk Chocolate, 2021-2031F |
6.1.4 Latvia Cocoa and Chocolate Market Revenues & Volume, By Filled Chocolate, 2021-2031F |
6.1.5 Latvia Cocoa and Chocolate Market Revenues & Volume, By White Chocolate, 2021-2031F |
6.2 Latvia Cocoa and Chocolate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cocoa and Chocolate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Latvia Cocoa and Chocolate Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 Latvia Cocoa and Chocolate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3 Latvia Cocoa and Chocolate Market, By Nature |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cocoa and Chocolate Market Revenues & Volume, By Conventional, 2021-2031F |
6.3.3 Latvia Cocoa and Chocolate Market Revenues & Volume, By Organic, 2021-2031F |
6.4 Latvia Cocoa and Chocolate Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cocoa and Chocolate Market Revenues & Volume, By Offline, 2021-2031F |
6.4.3 Latvia Cocoa and Chocolate Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Latvia Cocoa and Chocolate Market Import-Export Trade Statistics |
7.1 Latvia Cocoa and Chocolate Market Export to Major Countries |
7.2 Latvia Cocoa and Chocolate Market Imports from Major Countries |
8 Latvia Cocoa and Chocolate Market Key Performance Indicators |
8.1 Percentage increase in sales of premium chocolate products |
8.2 Growth rate of dark chocolate segment in the market |
8.3 Number of new product launches in the organic and ethically sourced cocoa/chocolate category |
8.4 Consumer satisfaction scores for local cocoa and chocolate brands |
8.5 Percentage of market share held by domestic chocolate manufacturers |
9 Latvia Cocoa and Chocolate Market - Opportunity Assessment |
9.1 Latvia Cocoa and Chocolate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Cocoa and Chocolate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Cocoa and Chocolate Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.4 Latvia Cocoa and Chocolate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Cocoa and Chocolate Market - Competitive Landscape |
10.1 Latvia Cocoa and Chocolate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cocoa and Chocolate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |