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

Market Forecast By Type (Flavored craft vodka, Unflavored craft vodka), By Distribution Channel (On-trade channel, Off-trade channel) And Competitive Landscape
Product Code: ETC7908729 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

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

The craft vodka import market in Latvia is showing promising growth, with top exporting countries including Montenegro, Sweden, Estonia, Germany, and Finland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has shifted from low to moderate in 2024, indicating a more balanced competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 3.94%, while the growth rate from 2023 to 2024 has surged by an impressive 11.93%. These trends suggest a growing demand for craft vodka imports in Latvia, with potential opportunities for both domestic and foreign producers.

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

Key Highlights of the Report:

  • Latvia Craft Vodka Market Outlook
  • Market Size of Latvia Craft Vodka Market, 2024
  • Forecast of Latvia Craft Vodka Market, 2031
  • Historical Data and Forecast of Latvia Craft Vodka Revenues & Volume for the Period 2021- 2031
  • Latvia Craft Vodka Market Trend Evolution
  • Latvia Craft Vodka Market Drivers and Challenges
  • Latvia Craft Vodka Price Trends
  • Latvia Craft Vodka Porter's Five Forces
  • Latvia Craft Vodka Industry Life Cycle
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By Flavored craft vodka for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By Unflavored craft vodka for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By On-trade channel for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Craft Vodka Market Revenues & Volume By Off-trade channel for the Period 2021- 2031
  • Latvia Craft Vodka Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution Channel
  • Latvia Craft Vodka Top Companies Market Share
  • Latvia Craft Vodka Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Craft Vodka Company Profiles
  • Latvia Craft Vodka Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Craft Vodka 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 Craft Vodka Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Craft Vodka Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Craft Vodka Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Craft Vodka Market - Industry Life Cycle

3.4 Latvia Craft Vodka Market - Porter's Five Forces

3.5 Latvia Craft Vodka Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Craft Vodka Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Latvia Craft Vodka Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Craft Vodka Market Trends

6 Latvia Craft Vodka Market, By Types

6.1 Latvia Craft Vodka Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Craft Vodka Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Craft Vodka Market Revenues & Volume, By Flavored craft vodka, 2021- 2031F

6.1.4 Latvia Craft Vodka Market Revenues & Volume, By Unflavored craft vodka, 2021- 2031F

6.2 Latvia Craft Vodka Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Latvia Craft Vodka Market Revenues & Volume, By On-trade channel, 2021- 2031F

6.2.3 Latvia Craft Vodka Market Revenues & Volume, By Off-trade channel, 2021- 2031F

7 Latvia Craft Vodka Market Import-Export Trade Statistics

7.1 Latvia Craft Vodka Market Export to Major Countries

7.2 Latvia Craft Vodka Market Imports from Major Countries

8 Latvia Craft Vodka Market Key Performance Indicators

9 Latvia Craft Vodka Market - Opportunity Assessment

9.1 Latvia Craft Vodka Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Craft Vodka Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Latvia Craft Vodka Market - Competitive Landscape

10.1 Latvia Craft Vodka Market Revenue Share, By Companies, 2024

10.2 Latvia Craft Vodka Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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