| Product Code: ETC12162613 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The flavored syrup import market in Latvia continued to show strong growth in 2024, with Metropolitan France, Poland, Estonia, Lithuania, and Germany emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 24.25%, with a notable growth spike of 40.16% from 2023 to 2024. This data suggests a thriving market for flavored syrup imports in Latvia, driven by a diverse range of suppliers and sustained consumer 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 Flavored Syrup Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flavored Syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flavored Syrup Market - Industry Life Cycle |
3.4 Latvia Flavored Syrup Market - Porter's Five Forces |
3.5 Latvia Flavored Syrup Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Flavored Syrup Market Revenues & Volume Share, By Sweetener Type, 2021 & 2031F |
3.7 Latvia Flavored Syrup Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Flavored Syrup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Latvia Flavored Syrup Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Flavored Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Flavored Syrup Market Trends |
6 Latvia Flavored Syrup Market, By Types |
6.1 Latvia Flavored Syrup Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flavored Syrup Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Flavored Syrup Market Revenues & Volume, By Fruit Syrup, 2021 - 2031F |
6.1.4 Latvia Flavored Syrup Market Revenues & Volume, By Chocolate Syrup, 2021 - 2031F |
6.1.5 Latvia Flavored Syrup Market Revenues & Volume, By Vanilla Syrup, 2021 - 2031F |
6.1.6 Latvia Flavored Syrup Market Revenues & Volume, By Herbal Syrup, 2021 - 2031F |
6.2 Latvia Flavored Syrup Market, By Sweetener Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flavored Syrup Market Revenues & Volume, By Sugar-Free, 2021 - 2031F |
6.2.3 Latvia Flavored Syrup Market Revenues & Volume, By Artificial Sweeteners, 2021 - 2031F |
6.2.4 Latvia Flavored Syrup Market Revenues & Volume, By Natural Sugar, 2021 - 2031F |
6.2.5 Latvia Flavored Syrup Market Revenues & Volume, By Honey-Based, 2021 - 2031F |
6.3 Latvia Flavored Syrup Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Flavored Syrup Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3.3 Latvia Flavored Syrup Market Revenues & Volume, By Dairy Products, 2021 - 2031F |
6.3.4 Latvia Flavored Syrup Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.3.5 Latvia Flavored Syrup Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4 Latvia Flavored Syrup Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Flavored Syrup Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.4.3 Latvia Flavored Syrup Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Latvia Flavored Syrup Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Latvia Flavored Syrup Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.5 Latvia Flavored Syrup Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Latvia Flavored Syrup Market Revenues & Volume, By Caf s & Restaurants, 2021 - 2031F |
6.5.3 Latvia Flavored Syrup Market Revenues & Volume, By Bakeries, 2021 - 2031F |
6.5.4 Latvia Flavored Syrup Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.5.5 Latvia Flavored Syrup Market Revenues & Volume, By Households, 2021 - 2031F |
7 Latvia Flavored Syrup Market Import-Export Trade Statistics |
7.1 Latvia Flavored Syrup Market Export to Major Countries |
7.2 Latvia Flavored Syrup Market Imports from Major Countries |
8 Latvia Flavored Syrup Market Key Performance Indicators |
9 Latvia Flavored Syrup Market - Opportunity Assessment |
9.1 Latvia Flavored Syrup Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Flavored Syrup Market Opportunity Assessment, By Sweetener Type, 2021 & 2031F |
9.3 Latvia Flavored Syrup Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Flavored Syrup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Latvia Flavored Syrup Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Flavored Syrup Market - Competitive Landscape |
10.1 Latvia Flavored Syrup Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flavored Syrup 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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