Latvia Legal Cannabis Market (2025-2031) | Companies, Forecast, Segmentation, Competitive Landscape, Analysis, Value, Share, Trends, Growth, Industry, Size & Revenue, Outlook
Market Forecast By Source (Marijuana, Hemp), By Derivative (CBD, THC, Others), By End-use (Medical, Recreational, Industrial) And Competitive Landscape
| Product Code: ETC7914289 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia Legal Cannabis Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia`s legal cannabis import market saw a shift in concentration levels from high to moderate, with top exporters being Ukraine, Russia, Poland, Egypt, and Albania. The negative Compound Annual Growth Rate (CAGR) of -7.86% from 2020 to 2024 indicates a declining market, further accelerated by a growth rate of -16.71% from 2023 to 2024. This trend suggests a challenging landscape for cannabis imports in Latvia, potentially impacted by evolving regulations and market dynamics. Stakeholders may need to adapt strategies to navigate this changing environment effectively.
Key Highlights of the Report:
- Latvia Legal Cannabis Market Outlook
- Market Size of Latvia Legal Cannabis Market, 2024
- Forecast of Latvia Legal Cannabis Market, 2031
- Historical Data and Forecast of Latvia Legal Cannabis Revenues & Volume for the Period 2021- 2031
- Latvia Legal Cannabis Market Trend Evolution
- Latvia Legal Cannabis Market Drivers and Challenges
- Latvia Legal Cannabis Price Trends
- Latvia Legal Cannabis Porter's Five Forces
- Latvia Legal Cannabis Industry Life Cycle
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Source for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Marijuana for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Hemp for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Derivative for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By CBD for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By THC for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By End-use for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Medical for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Recreational for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legal Cannabis Market Revenues & Volume By Industrial for the Period 2021- 2031
- Latvia Legal Cannabis Import Export Trade Statistics
- Market Opportunity Assessment By Source
- Market Opportunity Assessment By Derivative
- Market Opportunity Assessment By End-use
- Latvia Legal Cannabis Top Companies Market Share
- Latvia Legal Cannabis Competitive Benchmarking By Technical and Operational Parameters
- Latvia Legal Cannabis Company Profiles
- Latvia Legal Cannabis Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Legal Cannabis 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 Legal Cannabis 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 Legal Cannabis Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Legal Cannabis Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Legal Cannabis Market - Industry Life Cycle |
3.4 Latvia Legal Cannabis Market - Porter's Five Forces |
3.5 Latvia Legal Cannabis Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Legal Cannabis Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Latvia Legal Cannabis Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Legal Cannabis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Legal Cannabis Market Trends |
6 Latvia Legal Cannabis Market, By Types |
6.1 Latvia Legal Cannabis Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Legal Cannabis Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Legal Cannabis Market Revenues & Volume, By Flowers, 2021- 2031F |
6.1.4 Latvia Legal Cannabis Market Revenues & Volume, By Oils and Tinctures, 2021- 2031F |
6.2 Latvia Legal Cannabis Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Legal Cannabis Market Revenues & Volume, By Marijuana, 2021- 2031F |
6.2.3 Latvia Legal Cannabis Market Revenues & Volume, By Hemp, 2021- 2031F |
6.3 Latvia Legal Cannabis Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Legal Cannabis Market Revenues & Volume, By Recreational, 2021- 2031F |
6.3.3 Latvia Legal Cannabis Market Revenues & Volume, By Medical, 2021- 2031F |
6.3.4 Latvia Legal Cannabis Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Legal Cannabis Market Import-Export Trade Statistics |
7.1 Latvia Legal Cannabis Market Export to Major Countries |
7.2 Latvia Legal Cannabis Market Imports from Major Countries |
8 Latvia Legal Cannabis Market Key Performance Indicators |
9 Latvia Legal Cannabis Market - Opportunity Assessment |
9.1 Latvia Legal Cannabis Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Legal Cannabis Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Latvia Legal Cannabis Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Legal Cannabis Market - Competitive Landscape |
10.1 Latvia Legal Cannabis Market Revenue Share, By Companies, 2024 |
10.2 Latvia Legal Cannabis Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
Search
Thought Leadership and Analyst Meet
Our Clients
Related Reports
- Afghanistan Apparel Market (2026-2032) | Growth, Outlook, Industry, Segmentation, Forecast, Size, Companies, Trends, Value, Share, Analysis & Revenue
- Canada Oil and Gas Market (2026-2032) | Share, Segmentation, Value, Industry, Trends, Forecast, Analysis, Size & Revenue, Growth, Competitive Landscape, Outlook, Companies
- Germany Breakfast Food Market (2026-2032) | Industry, Share, Growth, Size, Companies, Value, Analysis, Revenue, Trends, Forecast & Outlook
- Australia Briquette Market (2025-2031) | Growth, Size, Revenue, Forecast, Analysis, Trends, Value, Share, Industry & Companies
- Vietnam System Integrator Market (2025-2031) | Size, Companies, Analysis, Industry, Value, Forecast, Growth, Trends, Revenue & Share
- ASEAN and Thailand Brain Health Supplements Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- ASEAN Bearings Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
- Europe Flooring Market (2025-2031) | Outlook, Share, Industry, Trends, Forecast, Companies, Revenue, Size, Analysis, Growth & Value
- Saudi Arabia Manlift Market (2025-2031) | Outlook, Size, Growth, Trends, Companies, Industry, Revenue, Value, Share, Forecast & Analysis
- Uganda Excavator, Crane, and Wheel Loaders Market (2025-2031) | Strategy, Consumer Insights, Analysis, Investment Trends, Opportunities, Growth, Size, Share, Industry, Revenue, Segments, Value, Segmentation, Supply, Forecast, Restraints, Outlook, Competition, Drivers, Trends, Demand, Pricing Analysis, Competitive, Strategic Insights, Companies, Challenges
Industry Events and Analyst Meet
Stationery & Paper Expo Saudi Arabia 2026
Kids & Toys Expo Saudi Arabia 2026
Gifts & Homeware Expo Saudi Arabia 2026
Smart Home Expo 2026
Industrial Facilities Management Expo 2025
Whitepaper
- Middle East & Africa Commercial Security Market Click here to view more.
- Middle East & Africa Fire Safety Systems & Equipment Market Click here to view more.
- GCC Drone Market Click here to view more.
- Middle East Lighting Fixture Market Click here to view more.
- GCC Physical & Perimeter Security Market Click here to view more.
6WResearch In News
- Doha a strategic location for EV manufacturing hub: IPA Qatar
- Demand for luxury TVs surging in the GCC, says Samsung
- Empowering Growth: The Thriving Journey of Bangladesh’s Cable Industry
- Demand for luxury TVs surging in the GCC, says Samsung
- Video call with a traditional healer? Once unthinkable, it’s now common in South Africa
- Intelligent Buildings To Smooth GCC’s Path To Net Zero
