| Product Code: ETC4802551 | 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 |
Latvia`s coffee beans import market continued to show strong growth in 2024, with top exporting countries including Sweden, Brazil, Lithuania, Poland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the dominance of these key suppliers. The impressive compound annual growth rate (CAGR) of 25.67% from 2020 to 2024 demonstrates sustained demand for coffee beans in Latvia. Furthermore, the growth rate of 26.65% in 2024 signifies a significant expansion in import volumes, showcasing a thriving coffee industry in the country.

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 Coffee Beans Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coffee Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coffee Beans Market - Industry Life Cycle |
3.4 Latvia Coffee Beans Market - Porter's Five Forces |
3.5 Latvia Coffee Beans Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Coffee Beans Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Coffee Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about specialty coffee and different coffee bean varieties |
4.2.2 Growing trend of coffee culture and café culture in Latvia |
4.2.3 Rise in disposable income leading to higher spending on premium coffee products |
4.3 Market Restraints |
4.3.1 Fluctuations in global coffee prices impacting import costs |
4.3.2 Competition from established international coffee brands |
4.3.3 Seasonal variations affecting coffee bean production and supply |
5 Latvia Coffee Beans Market Trends |
6 Latvia Coffee Beans Market Segmentations |
6.1 Latvia Coffee Beans Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coffee Beans Market Revenues & Volume, By Arabica, 2021-2031F |
6.1.3 Latvia Coffee Beans Market Revenues & Volume, By Robusta, 2021-2031F |
6.1.4 Latvia Coffee Beans Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Coffee Beans Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coffee Beans Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.3 Latvia Coffee Beans Market Revenues & Volume, By Food, 2021-2031F |
6.2.4 Latvia Coffee Beans Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
7 Latvia Coffee Beans Market Import-Export Trade Statistics |
7.1 Latvia Coffee Beans Market Export to Major Countries |
7.2 Latvia Coffee Beans Market Imports from Major Countries |
8 Latvia Coffee Beans Market Key Performance Indicators |
8.1 Number of specialty coffee shops opening in Latvia |
8.2 Percentage of consumers opting for premium coffee products |
8.3 Average spending per capita on coffee products in Latvia |
9 Latvia Coffee Beans Market - Opportunity Assessment |
9.1 Latvia Coffee Beans Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Coffee Beans Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Coffee Beans Market - Competitive Landscape |
10.1 Latvia Coffee Beans Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coffee Beans 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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