| Product Code: ETC4711845 | 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 continues to rely on key coffee extract imports from Lithuania, Poland, India, Czechia, and Ukraine in 2024, indicating strong trade relationships in the industry. The high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market dominated by a few major players. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 7.56% over the past four years reflects a steady upward trend in the demand for coffee extracts in Latvia. This data underscores the significance of these imports in meeting consumer preferences and market demands.

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 extracts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coffee extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coffee extracts Market - Industry Life Cycle |
3.4 Latvia Coffee extracts Market - Porter's Five Forces |
3.5 Latvia Coffee extracts Market Revenues & Volume Share, By Nature Type, 2021 & 2031F |
3.6 Latvia Coffee extracts Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
3.7 Latvia Coffee extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Coffee extracts Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.9 Latvia Coffee extracts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.10 Latvia Coffee extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Coffee extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of coffee extracts |
4.2.2 Growth in demand for natural and organic products |
4.2.3 Expansion of the food and beverage industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuations in coffee bean prices impacting extract production costs |
4.3.2 Regulatory challenges related to food safety and labeling requirements |
5 Latvia Coffee extracts Market Trends |
6 Latvia Coffee extracts Market Segmentations |
6.1 Latvia Coffee extracts Market, By Nature Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coffee extracts Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Latvia Coffee extracts Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Latvia Coffee extracts Market, By Source Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coffee extracts Market Revenues & Volume, By Green coffee beans, 2021-2031F |
6.2.3 Latvia Coffee extracts Market Revenues & Volume, By Roasted coffee beans, 2021-2031F |
6.3 Latvia Coffee extracts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Coffee extracts Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.3 Latvia Coffee extracts Market Revenues & Volume, By Beverage Industry, 2021-2031F |
6.3.4 Latvia Coffee extracts Market Revenues & Volume, By Pharmaceutical and skincare, 2021-2031F |
6.3.5 Latvia Coffee extracts Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Coffee extracts Market, By Product Form |
6.4.1 Overview and Analysis |
6.4.2 Latvia Coffee extracts Market Revenues & Volume, By Liquid, 2021-2031F |
6.4.3 Latvia Coffee extracts Market Revenues & Volume, By Dried, 2021-2031F |
6.4.4 Latvia Coffee extracts Market Revenues & Volume, By Capsule, 2021-2031F |
6.5 Latvia Coffee extracts Market, By End-users |
6.5.1 Overview and Analysis |
6.5.2 Latvia Coffee extracts Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Latvia Coffee extracts Market Revenues & Volume, By Individual, 2021-2031F |
6.6 Latvia Coffee extracts Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Latvia Coffee extracts Market Revenues & Volume, By Business to Business, 2021-2031F |
6.6.3 Latvia Coffee extracts Market Revenues & Volume, By Business to Consumer, 2021-2031F |
7 Latvia Coffee extracts Market Import-Export Trade Statistics |
7.1 Latvia Coffee extracts Market Export to Major Countries |
7.2 Latvia Coffee extracts Market Imports from Major Countries |
8 Latvia Coffee extracts Market Key Performance Indicators |
8.1 Consumer adoption rate of coffee extracts in Latvia |
8.2 Number of new product launches incorporating coffee extracts |
8.3 Growth in the number of coffee extract suppliers in the market |
9 Latvia Coffee extracts Market - Opportunity Assessment |
9.1 Latvia Coffee extracts Market Opportunity Assessment, By Nature Type, 2021 & 2031F |
9.2 Latvia Coffee extracts Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.3 Latvia Coffee extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Coffee extracts Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.5 Latvia Coffee extracts Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.6 Latvia Coffee extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Coffee extracts Market - Competitive Landscape |
10.1 Latvia Coffee extracts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coffee extracts 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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