| Product Code: ETC4842052 | 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 |
The import shipments of juniper berries to Latvia in 2024 have shown significant growth, with a high concentration of imports from top exporting countries including India, Estonia, Poland, Germany, and Lithuania. The market experienced a notable increase in the growth rate from 2023 to 2024, indicating a strong demand for juniper berries in Latvia. Despite the high concentration of imports, the market remains competitive, with a steady compound annual growth rate of 9.56% from 2020 to 2024. This data suggests a promising outlook for the juniper berries market 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 Juniper Berries Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Juniper Berries Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Juniper Berries Market - Industry Life Cycle |
3.4 Latvia Juniper Berries Market - Porter's Five Forces |
3.5 Latvia Juniper Berries Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Juniper Berries Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Juniper Berries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of juniper berries |
4.2.2 Growing demand for natural and organic ingredients in food and beverages |
4.2.3 Rising popularity of craft and artisanal spirits and beverages |
4.3 Market Restraints |
4.3.1 Seasonal availability and limited harvesting periods |
4.3.2 Environmental factors affecting juniper berry production |
4.3.3 Price volatility due to fluctuations in supply |
5 Latvia Juniper Berries Market Trends |
6 Latvia Juniper Berries Market Segmentations |
6.1 Latvia Juniper Berries Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Juniper Berries Market Revenues & Volume, By Whole Juniper Berries, 2021-2031F |
6.1.3 Latvia Juniper Berries Market Revenues & Volume, By Juniper Berries Poweder, 2021-2031F |
6.1.4 Latvia Juniper Berries Market Revenues & Volume, By Berries Poweder Tincture, 2021-2031F |
6.1.5 Latvia Juniper Berries Market Revenues & Volume, By Juniper Berries Oil, 2021-2031F |
6.2 Latvia Juniper Berries Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Juniper Berries Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.3 Latvia Juniper Berries Market Revenues & Volume, By Alcoholic Beverages, 2021-2031F |
6.2.4 Latvia Juniper Berries Market Revenues & Volume, By Non Alcoholic Beverages, 2021-2031F |
6.2.5 Latvia Juniper Berries Market Revenues & Volume, By Nutraceuticals, 2021-2031F |
6.2.6 Latvia Juniper Berries Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.7 Latvia Juniper Berries Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Juniper Berries Market Import-Export Trade Statistics |
7.1 Latvia Juniper Berries Market Export to Major Countries |
7.2 Latvia Juniper Berries Market Imports from Major Countries |
8 Latvia Juniper Berries Market Key Performance Indicators |
8.1 Average selling price of juniper berries |
8.2 Number of new product launches containing juniper berries |
8.3 Export volume of juniper berries |
9 Latvia Juniper Berries Market - Opportunity Assessment |
9.1 Latvia Juniper Berries Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Juniper Berries Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Juniper Berries Market - Competitive Landscape |
10.1 Latvia Juniper Berries Market Revenue Share, By Companies, 2024 |
10.2 Latvia Juniper Berries 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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