Latvia Coffee Market (2025-2031) | Revenue, Outlook, Share, Value, Analysis, Forecast, Trends, Growth, Companies, Industry, Segmentation & Size

Name: Latvia Coffee Market (2025-2031) | Revenue & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Coffee Market, Latvia Coffee Market, Latvia Coffee Market Revenues, Latvia Coffee Market Share, Latvia Coffee Market Size, Latvia Coffee Market Outlook, Latvia Coffee Market Report, Latvia Coffee Market Competition, Latvia Coffee Market Overview, Latvia Coffee Market Trends, Latvia Coffee Market Forecast

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.

Latvia Coffee Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Coffee Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

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

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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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Export potential assessment - trade Analytics for 2030

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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