| Product Code: ETC4850298 | 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 |
In 2024, Latvia continued to rely heavily on neighboring countries such as Lithuania and Estonia for its evaporated milk imports, with Germany, Poland, and Finland also playing significant roles. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The negative compound annual growth rate (CAGR) of -15.42% from 2020-2024 and a further decline in growth rate in 2024 suggest challenges in the evaporated milk import market in Latvia. It will be interesting to see how market dynamics and consumer preferences evolve in the coming years.

By 2027, Latvia's Evaporated Milk market is forecasted to achieve a stable growth rate of 0.37%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Evaporated Milk Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Evaporated Milk Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Evaporated Milk Market - Industry Life Cycle |
3.4 Latvia Evaporated Milk Market - Porter's Five Forces |
3.5 Latvia Evaporated Milk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Evaporated Milk Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Evaporated Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for convenient and long-lasting dairy products |
4.2.2 Rising disposable incomes leading to increased spending on packaged food items |
4.2.3 Expansion of distribution channels and retail outlets increasing accessibility of evaporated milk products |
4.3 Market Restraints |
4.3.1 Health concerns related to high sugar and fat content in evaporated milk |
4.3.2 Competition from alternative dairy products like fresh milk and powdered milk |
4.3.3 Fluctuations in raw material prices affecting production costs |
5 Latvia Evaporated Milk Market Trends |
6 Latvia Evaporated Milk Market Segmentations |
6.1 Latvia Evaporated Milk Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Evaporated Milk Market Revenues & Volume, By Skimmed, 2021-2031F |
6.1.3 Latvia Evaporated Milk Market Revenues & Volume, By Whole, 2021-2031F |
6.2 Latvia Evaporated Milk Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Evaporated Milk Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Latvia Evaporated Milk Market Revenues & Volume, By Offline, 2021-2031F |
7 Latvia Evaporated Milk Market Import-Export Trade Statistics |
7.1 Latvia Evaporated Milk Market Export to Major Countries |
7.2 Latvia Evaporated Milk Market Imports from Major Countries |
8 Latvia Evaporated Milk Market Key Performance Indicators |
8.1 Average unit price of evaporated milk products |
8.2 Consumer awareness and perception of evaporated milk as a convenient dairy option |
8.3 Number of new product launches and innovations in the evaporated milk market |
9 Latvia Evaporated Milk Market - Opportunity Assessment |
9.1 Latvia Evaporated Milk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Evaporated Milk Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Evaporated Milk Market - Competitive Landscape |
10.1 Latvia Evaporated Milk Market Revenue Share, By Companies, 2024 |
10.2 Latvia Evaporated Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |