Latvia Hemp CBD Market (2025-2031) | Outlook, Competitive Landscape, Industry, Trends, Size & Revenue, Companies, Analysis, Forecast, Segmentation, Share, Value, Growth
Market Forecast By Sale Type (B2B, B2C), By End Use (Medical, Personal, Pharmaceuticals, Wellness) And Competitive Landscape
| Product Code: ETC7915451 | 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 |
Latvia Hemp Cbd Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia`s hemp CBD import market saw a shift in concentration levels from high to moderate, with top exporters being Ukraine, Russia, Poland, Egypt, and Albania. The industry experienced a negative Compound Annual Growth Rate (CAGR) of -7.86% from 2020 to 2024, with a further decline in growth rate of -16.71% from 2023 to 2024. This suggests a challenging landscape for hemp CBD imports in Latvia, indicating a need for market players to adapt their strategies to navigate the changing market dynamics.
Key Highlights of the Report:
- Latvia Hemp CBD Market Outlook
- Market Size of Latvia Hemp CBD Market, 2024
- Forecast of Latvia Hemp CBD Market, 2031
- Historical Data and Forecast of Latvia Hemp CBD Revenues & Volume for the Period 2021- 2031
- Latvia Hemp CBD Market Trend Evolution
- Latvia Hemp CBD Market Drivers and Challenges
- Latvia Hemp CBD Price Trends
- Latvia Hemp CBD Porter's Five Forces
- Latvia Hemp CBD Industry Life Cycle
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By Sale Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By B2B for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By B2C for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By End Use for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By Medical for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By Personal for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By Pharmaceuticals for the Period 2021- 2031
- Historical Data and Forecast of Latvia Hemp CBD Market Revenues & Volume By Wellness for the Period 2021- 2031
- Latvia Hemp CBD Import Export Trade Statistics
- Market Opportunity Assessment By Sale Type
- Market Opportunity Assessment By End Use
- Latvia Hemp CBD Top Companies Market Share
- Latvia Hemp CBD Competitive Benchmarking By Technical and Operational Parameters
- Latvia Hemp CBD Company Profiles
- Latvia Hemp CBD Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Hemp CBD Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Hemp CBD Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Hemp CBD Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hemp CBD Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hemp CBD Market - Industry Life Cycle |
3.4 Latvia Hemp CBD Market - Porter's Five Forces |
3.5 Latvia Hemp CBD Market Revenues & Volume Share, By Sale Type, 2021 & 2031F |
3.6 Latvia Hemp CBD Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Hemp CBD Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of CBD products for health and wellness purposes |
4.2.2 Favorable regulatory environment supporting the growth of the hemp CBD market in Latvia |
4.2.3 Growing demand for natural and organic products in the health and wellness industry |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of CBD products among certain consumer segments |
4.3.2 Regulatory uncertainties and changing legislation related to CBD products |
4.3.3 Competition from alternative wellness products and traditional pharmaceuticals |
5 Latvia Hemp CBD Market Trends |
6 Latvia Hemp CBD Market, By Types |
6.1 Latvia Hemp CBD Market, By Sale Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hemp CBD Market Revenues & Volume, By Sale Type, 2021- 2031F |
6.1.3 Latvia Hemp CBD Market Revenues & Volume, By B2B, 2021- 2031F |
6.1.4 Latvia Hemp CBD Market Revenues & Volume, By B2C, 2021- 2031F |
6.2 Latvia Hemp CBD Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hemp CBD Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.3 Latvia Hemp CBD Market Revenues & Volume, By Personal, 2021- 2031F |
6.2.4 Latvia Hemp CBD Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.5 Latvia Hemp CBD Market Revenues & Volume, By Wellness, 2021- 2031F |
7 Latvia Hemp CBD Market Import-Export Trade Statistics |
7.1 Latvia Hemp CBD Market Export to Major Countries |
7.2 Latvia Hemp CBD Market Imports from Major Countries |
8 Latvia Hemp CBD Market Key Performance Indicators |
8.1 Number of new product launches in the hemp CBD market in Latvia |
8.2 Percentage increase in retail outlets carrying CBD products |
8.3 Growth in online searches and social media mentions related to CBD products |
8.4 Number of clinical studies and research publications on the benefits of CBD |
8.5 Percentage of consumers citing CBD as a preferred alternative to traditional wellness products |
9 Latvia Hemp CBD Market - Opportunity Assessment |
9.1 Latvia Hemp CBD Market Opportunity Assessment, By Sale Type, 2021 & 2031F |
9.2 Latvia Hemp CBD Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Hemp CBD Market - Competitive Landscape |
10.1 Latvia Hemp CBD Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hemp CBD Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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