Latvia Legal Marijuana Market (2025-2031) | Value, Segmentation, Growth, Outlook, Competitive Landscape, Size & Revenue, Companies, Share, Forecast, Analysis, Trends, Industry

Market Forecast By Application (Medical, Adult Use), By Product Type (Flower, Oils and Tinctures) And Competitive Landscape
Product Code: ETC7914290 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 Marijuana Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia saw a shift in its legal marijuana import landscape, with top exporters being Ukraine, Russia, Poland, Egypt, and Albania. The market experienced a decrease in concentration levels, moving from high to moderate, indicating a more diversified import market. The negative compound annual growth rate (CAGR) of -7.86% from 2020-24 and a decline in growth rate by -16.71% from 2023-24 suggest a challenging environment for the industry. It will be crucial for stakeholders to adapt to changing dynamics and explore new opportunities for sustainable growth in the coming years.

Latvia Legal Marijuana Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Legal Marijuana Market Outlook
  • Market Size of Latvia Legal Marijuana Market, 2024
  • Forecast of Latvia Legal Marijuana Market, 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Revenues & Volume for the Period 2021- 2031
  • Latvia Legal Marijuana Market Trend Evolution
  • Latvia Legal Marijuana Market Drivers and Challenges
  • Latvia Legal Marijuana Price Trends
  • Latvia Legal Marijuana Porter's Five Forces
  • Latvia Legal Marijuana Industry Life Cycle
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Medical for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Adult Use for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Flower for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Legal Marijuana Market Revenues & Volume By Oils and Tinctures for the Period 2021- 2031
  • Latvia Legal Marijuana Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Product Type
  • Latvia Legal Marijuana Top Companies Market Share
  • Latvia Legal Marijuana Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Legal Marijuana Company Profiles
  • Latvia Legal Marijuana Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Legal Marijuana 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 Marijuana Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Marijuana Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Legal Marijuana Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Legal Marijuana Market - Industry Life Cycle

3.4 Latvia Legal Marijuana Market - Porter's Five Forces

3.5 Latvia Legal Marijuana Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 Latvia Legal Marijuana Market Revenues & Volume Share, By Product Type, 2021 & 2031F

4 Latvia Legal Marijuana Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Legal Marijuana Market Trends

6 Latvia Legal Marijuana Market, By Types

6.1 Latvia Legal Marijuana Market, By Application

6.1.1 Overview and Analysis

6.1.2 Latvia Legal Marijuana Market Revenues & Volume, By Application, 2021- 2031F

6.1.3 Latvia Legal Marijuana Market Revenues & Volume, By Medical, 2021- 2031F

6.1.4 Latvia Legal Marijuana Market Revenues & Volume, By Adult Use, 2021- 2031F

6.2 Latvia Legal Marijuana Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Latvia Legal Marijuana Market Revenues & Volume, By Flower, 2021- 2031F

6.2.3 Latvia Legal Marijuana Market Revenues & Volume, By Oils and Tinctures, 2021- 2031F

7 Latvia Legal Marijuana Market Import-Export Trade Statistics

7.1 Latvia Legal Marijuana Market Export to Major Countries

7.2 Latvia Legal Marijuana Market Imports from Major Countries

8 Latvia Legal Marijuana Market Key Performance Indicators

9 Latvia Legal Marijuana Market - Opportunity Assessment

9.1 Latvia Legal Marijuana Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 Latvia Legal Marijuana Market Opportunity Assessment, By Product Type, 2021 & 2031F

10 Latvia Legal Marijuana Market - Competitive Landscape

10.1 Latvia Legal Marijuana Market Revenue Share, By Companies, 2024

10.2 Latvia Legal Marijuana Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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