| Product Code: ETC7909078 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The dark spirits import market in Latvia saw a significant increase in concentration levels in 2024, with the top exporting countries being the Netherlands, UK, Poland, Germany, and Belgium. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth rate of 12.79% in 2024 compared to the previous year. This suggests a dynamic market environment with potential opportunities for both importers and domestic players to capitalize on the growing demand for dark spirits in Latvia.

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 Dark Spirits Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dark Spirits Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dark Spirits Market - Industry Life Cycle |
3.4 Latvia Dark Spirits Market - Porter's Five Forces |
3.5 Latvia Dark Spirits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Dark Spirits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Latvia Dark Spirits Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Dark Spirits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of craft and premium dark spirits in Latvia |
4.2.2 Growing consumer interest in unique and artisanal spirits |
4.2.3 Rise in cocktail culture and mixology trends in the region |
4.3 Market Restraints |
4.3.1 High taxation on alcohol products impacting pricing and affordability |
4.3.2 Regulatory restrictions on advertising and marketing of alcoholic beverages |
5 Latvia Dark Spirits Market Trends |
6 Latvia Dark Spirits Market, By Types |
6.1 Latvia Dark Spirits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dark Spirits Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Dark Spirits Market Revenues & Volume, By Whiskey, 2021- 2031F |
6.1.4 Latvia Dark Spirits Market Revenues & Volume, By Rum, 2021- 2031F |
6.1.5 Latvia Dark Spirits Market Revenues & Volume, By Brandy, 2021- 2031F |
6.2 Latvia Dark Spirits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dark Spirits Market Revenues & Volume, By On Trade, 2021- 2031F |
6.2.3 Latvia Dark Spirits Market Revenues & Volume, By Off Trade, 2021- 2031F |
6.3 Latvia Dark Spirits Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dark Spirits Market Revenues & Volume, By Bars, 2021- 2031F |
6.3.3 Latvia Dark Spirits Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.3.4 Latvia Dark Spirits Market Revenues & Volume, By Pubs, 2021- 2031F |
6.3.5 Latvia Dark Spirits Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Dark Spirits Market Import-Export Trade Statistics |
7.1 Latvia Dark Spirits Market Export to Major Countries |
7.2 Latvia Dark Spirits Market Imports from Major Countries |
8 Latvia Dark Spirits Market Key Performance Indicators |
8.1 Number of craft distilleries and artisanal spirit producers in Latvia |
8.2 Consumer engagement levels in dark spirit tasting events and festivals |
8.3 Growth in online sales and e-commerce platforms for dark spirits in Latvia |
9 Latvia Dark Spirits Market - Opportunity Assessment |
9.1 Latvia Dark Spirits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Dark Spirits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Latvia Dark Spirits Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Dark Spirits Market - Competitive Landscape |
10.1 Latvia Dark Spirits Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dark Spirits 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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