| Product Code: ETC5007770 | 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 import of coffee substitutes in 2024 saw a notable presence from Lithuania, Ukraine, Poland, Germany, and Metropolitan France. Despite a slight decline in growth rate from 2023 to 2024, the market maintained high concentration with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 5.51%, indicating sustained interest in coffee substitutes in the Latvian market. This data suggests a strong and consistent demand for coffee alternatives in Latvia, with key importing countries playing a significant role in meeting this demand.

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 Substitute Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Coffee Substitute Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Coffee Substitute Market - Industry Life Cycle |
3.4 Latvia Coffee Substitute Market - Porter's Five Forces |
3.5 Latvia Coffee Substitute Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Latvia Coffee Substitute Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.7 Latvia Coffee Substitute Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Coffee Substitute Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing demand for organic and natural products |
4.2.3 Rising awareness about the environmental impact of coffee production |
4.3 Market Restraints |
4.3.1 High competition from traditional coffee products |
4.3.2 Fluctuating prices of coffee substitutes' raw materials |
4.3.3 Limited availability of premium quality coffee substitutes |
5 Latvia Coffee Substitute Market Trends |
6 Latvia Coffee Substitute Market Segmentations |
6.1 Latvia Coffee Substitute Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Latvia Coffee Substitute Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Latvia Coffee Substitute Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Latvia Coffee Substitute Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Latvia Coffee Substitute Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.3 Latvia Coffee Substitute Market Revenues & Volume, By Cans, 2021-2031F |
6.2.4 Latvia Coffee Substitute Market Revenues & Volume, By Aseptic Cartons, 2021-2031F |
6.3 Latvia Coffee Substitute Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Coffee Substitute Market Revenues & Volume, By Hypermarket/supermarket, 2021-2031F |
6.3.3 Latvia Coffee Substitute Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Latvia Coffee Substitute Market Revenues & Volume, By Department Stores, 2021-2031F |
6.3.5 Latvia Coffee Substitute Market Revenues & Volume, By Online Sales Channel, 2021-2031F |
7 Latvia Coffee Substitute Market Import-Export Trade Statistics |
7.1 Latvia Coffee Substitute Market Export to Major Countries |
7.2 Latvia Coffee Substitute Market Imports from Major Countries |
8 Latvia Coffee Substitute Market Key Performance Indicators |
8.1 Consumer awareness and perception of coffee substitutes |
8.2 Number of new product launches in the coffee substitute market |
8.3 Adoption rate of sustainable and eco-friendly coffee substitute packaging materials |
9 Latvia Coffee Substitute Market - Opportunity Assessment |
9.1 Latvia Coffee Substitute Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Latvia Coffee Substitute Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.3 Latvia Coffee Substitute Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Coffee Substitute Market - Competitive Landscape |
10.1 Latvia Coffee Substitute Market Revenue Share, By Companies, 2024 |
10.2 Latvia Coffee Substitute 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.
To discover high-growth global markets and optimize your business strategy:
Click Here