| Product Code: ETC7907913 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, Latvia`s coffee drinks import market continues to show steady growth with a CAGR of 7.23% from 2020 to 2024. The top exporting countries to Latvia in 2024, including Lithuania, Poland, India, Czechia, and Ukraine, indicate a diverse range of sources for coffee products. However, the high concentration level, as indicated by the HHI value, suggests that a few key players dominate the market. This data highlights both opportunities and challenges for stakeholders in the Latvian coffee drinks import industry.

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 Drinks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coffee Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coffee Drinks Market - Industry Life Cycle |
3.4 Latvia Coffee Drinks Market - Porter's Five Forces |
3.5 Latvia Coffee Drinks Market Revenues & Volume Share, By Coffee Type, 2021 & 2031F |
3.6 Latvia Coffee Drinks Market Revenues & Volume Share, By Beans Type, 2021 & 2031F |
3.7 Latvia Coffee Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Coffee Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for specialty coffee drinks |
4.2.2 Growing awareness about health benefits of certain coffee beverages |
4.2.3 Rising popularity of coffee shops and cafes in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of coffee beans impacting production costs |
4.3.2 Health concerns related to excessive caffeine consumption |
4.3.3 Competition from other beverage categories like tea and energy drinks |
5 Latvia Coffee Drinks Market Trends |
6 Latvia Coffee Drinks Market, By Types |
6.1 Latvia Coffee Drinks Market, By Coffee Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coffee Drinks Market Revenues & Volume, By Coffee Type, 2021- 2031F |
6.1.3 Latvia Coffee Drinks Market Revenues & Volume, By Instant, 2021- 2031F |
6.1.4 Latvia Coffee Drinks Market Revenues & Volume, By Filter, 2021- 2031F |
6.1.5 Latvia Coffee Drinks Market Revenues & Volume, By Bean to Cup, 2021- 2031F |
6.1.6 Latvia Coffee Drinks Market Revenues & Volume, By Read-to-Drink, 2021- 2031F |
6.2 Latvia Coffee Drinks Market, By Beans Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coffee Drinks Market Revenues & Volume, By Robusta, 2021- 2031F |
6.2.3 Latvia Coffee Drinks Market Revenues & Volume, By Arabica, 2021- 2031F |
6.2.4 Latvia Coffee Drinks Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Coffee Drinks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Coffee Drinks Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.3.3 Latvia Coffee Drinks Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.3.4 Latvia Coffee Drinks Market Revenues & Volume, By Specialty Coffee Shops, 2021- 2031F |
6.3.5 Latvia Coffee Drinks Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.3.6 Latvia Coffee Drinks Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Coffee Drinks Market Import-Export Trade Statistics |
7.1 Latvia Coffee Drinks Market Export to Major Countries |
7.2 Latvia Coffee Drinks Market Imports from Major Countries |
8 Latvia Coffee Drinks Market Key Performance Indicators |
8.1 Number of new specialty coffee drink offerings in the market |
8.2 Percentage of consumers choosing healthier coffee drink options |
8.3 Growth in the number of coffee shops and cafes offering unique coffee experiences |
9 Latvia Coffee Drinks Market - Opportunity Assessment |
9.1 Latvia Coffee Drinks Market Opportunity Assessment, By Coffee Type, 2021 & 2031F |
9.2 Latvia Coffee Drinks Market Opportunity Assessment, By Beans Type, 2021 & 2031F |
9.3 Latvia Coffee Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Coffee Drinks Market - Competitive Landscape |
10.1 Latvia Coffee Drinks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coffee Drinks 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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