| Product Code: ETC5374052 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw consistent growth in grape wine imports, with top suppliers including Italy, Metropolitan France, Germany, Spain, and Georgia. Despite the slight decline in growth rate from 2023 to 2024, the market remains competitive with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 reflects steady expansion at 0.95%, showcasing a resilient market for grape wine imports 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 Grape Wine Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Grape Wine Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Grape Wine Market - Industry Life Cycle |
3.4 Latvia Grape Wine Market - Porter's Five Forces |
3.5 Latvia Grape Wine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Grape Wine Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Grape Wine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for premium quality grape wines |
4.2.2 Growing trend of wine tourism and wine culture in Latvia |
4.2.3 Favorable government regulations supporting the wine industry |
4.3 Market Restraints |
4.3.1 Limited domestic grape production leading to reliance on imports |
4.3.2 Competition from other alcoholic beverages such as beer and spirits |
4.3.3 Fluctuating consumer disposable income affecting wine purchasing habits |
5 Latvia Grape Wine Market Trends |
6 Latvia Grape Wine Market Segmentations |
6.1 Latvia Grape Wine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Grape Wine Market Revenues & Volume, By Red Wine, 2021-2031F |
6.1.3 Latvia Grape Wine Market Revenues & Volume, By White Wine, 2021-2031F |
6.1.4 Latvia Grape Wine Market Revenues & Volume, By Rose Wine, 2021-2031F |
6.1.5 Latvia Grape Wine Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Grape Wine Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Grape Wine Market Revenues & Volume, By Commercial Consumption, 2021-2031F |
6.2.3 Latvia Grape Wine Market Revenues & Volume, By Household Consumption, 2021-2031F |
6.2.4 Latvia Grape Wine Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Grape Wine Market Import-Export Trade Statistics |
7.1 Latvia Grape Wine Market Export to Major Countries |
7.2 Latvia Grape Wine Market Imports from Major Countries |
8 Latvia Grape Wine Market Key Performance Indicators |
8.1 Average price per bottle of grape wine sold in Latvia |
8.2 Number of wine tourists visiting Latvian vineyards and wineries |
8.3 Percentage of restaurants and bars in Latvia offering a diverse selection of grape wines |
8.4 Investment in research and development for grape wine production technologies |
8.5 Sustainability practices adopted by Latvian grape wine producers |
9 Latvia Grape Wine Market - Opportunity Assessment |
9.1 Latvia Grape Wine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Grape Wine Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Grape Wine Market - Competitive Landscape |
10.1 Latvia Grape Wine Market Revenue Share, By Companies, 2024 |
10.2 Latvia Grape Wine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |