Latvia Coffee Market (2025-2031) | Revenue, Outlook, Share, Value, Analysis, Forecast, Trends, Growth, Companies, Industry, Segmentation & Size
Market Forecast By Product Type (Whole-Bean, Ground Coffee, Instant Coffee, Coffee Pods and Capsules), By Distribution Channel (On-Trade, Off-Trade) And Competitive Landscape
| Product Code: ETC4840988 | 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 Coffee Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s coffee import market in 2024 continues to show strong growth, with Sweden, Brazil, Lithuania, Poland, and Germany being the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition. The impressive Compound Annual Growth Rate (CAGR) of 25.75% from 2020 to 2024, along with a notable growth rate of 26.76% from 2023 to 2024, signals a robust demand for coffee in Latvia. This data suggests a thriving coffee import market with significant opportunities for both domestic and international coffee suppliers to tap into.
Coffee Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
In the Europe region, the Coffee market in Latvia is projected to expand at a stable growth rate of 3.20% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.
Key Highlights of the Report:
- Latvia Coffee Market Outlook
- Market Size of Latvia Coffee Market, 2024
- Forecast of Latvia Coffee Market, 2031
- Historical Data and Forecast of Latvia Coffee Revenues & Volume for the Period 2021-2031
- Latvia Coffee Market Trend Evolution
- Latvia Coffee Market Drivers and Challenges
- Latvia Coffee Price Trends
- Latvia Coffee Porter`s Five Forces
- Latvia Coffee Industry Life Cycle
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Whole-Bean for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Ground Coffee for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Instant Coffee for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Coffee Pods and Capsules for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By On-Trade for the Period 2021-2031
- Historical Data and Forecast of Latvia Coffee Market Revenues & Volume By Off-Trade for the Period 2021-2031
- Latvia Coffee Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Distribution Channel
- Latvia Coffee Top Companies Market Share
- Latvia Coffee Competitive Benchmarking By Technical and Operational Parameters
- Latvia Coffee Company Profiles
- Latvia Coffee Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Coffee Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Coffee Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coffee Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coffee Market - Industry Life Cycle |
3.4 Latvia Coffee Market - Porter's Five Forces |
3.5 Latvia Coffee Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Coffee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Coffee Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for specialty and gourmet coffee |
4.2.2 Growing awareness about health benefits associated with coffee consumption |
4.2.3 Rising trend of coffee culture and cafes in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of coffee beans in the global market |
4.3.2 Competition from other popular beverages like tea and energy drinks |
4.3.3 Regulatory challenges related to coffee imports and taxation |
5 Latvia Coffee Market Trends |
6 Latvia Coffee Market Segmentations |
6.1 Latvia Coffee Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coffee Market Revenues & Volume, By Whole-Bean, 2021-2031F |
6.1.3 Latvia Coffee Market Revenues & Volume, By Ground Coffee, 2021-2031F |
6.1.4 Latvia Coffee Market Revenues & Volume, By Instant Coffee, 2021-2031F |
6.1.5 Latvia Coffee Market Revenues & Volume, By Coffee Pods and Capsules, 2021-2031F |
6.2 Latvia Coffee Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coffee Market Revenues & Volume, By On-Trade, 2021-2031F |
6.2.3 Latvia Coffee Market Revenues & Volume, By Off-Trade, 2021-2031F |
7 Latvia Coffee Market Import-Export Trade Statistics |
7.1 Latvia Coffee Market Export to Major Countries |
7.2 Latvia Coffee Market Imports from Major Countries |
8 Latvia Coffee Market Key Performance Indicators |
8.1 Average spending per capita on coffee products |
8.2 Number of specialty coffee shops opened in Latvia |
8.3 Frequency of coffee consumption among the population |
9 Latvia Coffee Market - Opportunity Assessment |
9.1 Latvia Coffee Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Coffee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Coffee Market - Competitive Landscape |
10.1 Latvia Coffee Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coffee Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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