| Product Code: ETC12270133 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to witness a strong demand for fruit tea imports, with the top exporting countries being the Netherlands, Poland, Germany, Austria, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 10.25% from 2020 to 2024 demonstrates sustained growth. Moreover, the notable growth rate of 44.43% from 2023 to 2024 suggests a rising trend in the popularity of fruit tea among Latvian consumers. This data underscores the promising opportunities for fruit tea suppliers looking to enter or expand in the Latvian market.

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 Fruit Tea Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fruit Tea Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fruit Tea Market - Industry Life Cycle |
3.4 Latvia Fruit Tea Market - Porter's Five Forces |
3.5 Latvia Fruit Tea Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Fruit Tea Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.7 Latvia Fruit Tea Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Fruit Tea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Fruit Tea Market Trends |
6 Latvia Fruit Tea Market, By Types |
6.1 Latvia Fruit Tea Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fruit Tea Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Fruit Tea Market Revenues & Volume, By Herbal Fruit Tea, 2021 - 2031F |
6.1.4 Latvia Fruit Tea Market Revenues & Volume, By Flavored Black Tea, 2021 - 2031F |
6.1.5 Latvia Fruit Tea Market Revenues & Volume, By Flavored Green Tea, 2021 - 2031F |
6.2 Latvia Fruit Tea Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fruit Tea Market Revenues & Volume, By Loose Tea, 2021 - 2031F |
6.2.3 Latvia Fruit Tea Market Revenues & Volume, By Tea Bags, 2021 - 2031F |
6.2.4 Latvia Fruit Tea Market Revenues & Volume, By Bottled Tea, 2021 - 2031F |
6.3 Latvia Fruit Tea Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fruit Tea Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.3.3 Latvia Fruit Tea Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.4 Latvia Fruit Tea Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Latvia Fruit Tea Market Import-Export Trade Statistics |
7.1 Latvia Fruit Tea Market Export to Major Countries |
7.2 Latvia Fruit Tea Market Imports from Major Countries |
8 Latvia Fruit Tea Market Key Performance Indicators |
9 Latvia Fruit Tea Market - Opportunity Assessment |
9.1 Latvia Fruit Tea Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Fruit Tea Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.3 Latvia Fruit Tea Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Fruit Tea Market - Competitive Landscape |
10.1 Latvia Fruit Tea Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fruit Tea 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