Latvia Legalized Cannabis Medical Market (2025-2031) | Value, Growth, Competitive Landscape, Trends, Forecast, Size & Revenue, Analysis, Segmentation, Industry, Share, Companies, Outlook
Market Forecast By Product Type (Cannabis Herb, Cannabis Resin), By Form (Raw, Processed), By End Use (Recreational, Medicinal), By Compound (THC-Dominant, CBD-Dominant, Balanced THC & CBD) And Competitive Landscape
| Product Code: ETC7914295 | 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 Legalized Cannabis Medical Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s decision to legalize cannabis medical import shipments in 2024 has led to increased trade with top exporting countries such as Lithuania, Netherlands, Switzerland, Poland, and Germany. Despite the growth in imports, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a significant 8.6%, indicating a rapidly expanding market. The growth rate from 2023 to 2024 was also notable at 7.03%, highlighting the increasing demand for medical cannabis in Latvia.
Key Highlights of the Report:
- Latvia Legalized Cannabis Medical Market Outlook
- Market Size of Latvia Legalized Cannabis Medical Market, 2024
- Forecast of Latvia Legalized Cannabis Medical Market, 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Revenues & Volume for the Period 2021- 2031
- Latvia Legalized Cannabis Medical Market Trend Evolution
- Latvia Legalized Cannabis Medical Market Drivers and Challenges
- Latvia Legalized Cannabis Medical Price Trends
- Latvia Legalized Cannabis Medical Porter's Five Forces
- Latvia Legalized Cannabis Medical Industry Life Cycle
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Product Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Cannabis Herb for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Cannabis Resin for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Form for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Raw for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Processed for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By End Use for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Recreational for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Medicinal for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Compound for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By THC-Dominant for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By CBD-Dominant for the Period 2021- 2031
- Historical Data and Forecast of Latvia Legalized Cannabis Medical Market Revenues & Volume By Balanced THC & CBD for the Period 2021- 2031
- Latvia Legalized Cannabis Medical Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By End Use
- Market Opportunity Assessment By Compound
- Latvia Legalized Cannabis Medical Top Companies Market Share
- Latvia Legalized Cannabis Medical Competitive Benchmarking By Technical and Operational Parameters
- Latvia Legalized Cannabis Medical Company Profiles
- Latvia Legalized Cannabis Medical Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Legalized Cannabis Medical 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 Legalized Cannabis Medical 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 Legalized Cannabis Medical Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Legalized Cannabis Medical Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Legalized Cannabis Medical Market - Industry Life Cycle |
3.4 Latvia Legalized Cannabis Medical Market - Porter's Five Forces |
3.5 Latvia Legalized Cannabis Medical Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Legalized Cannabis Medical Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Legalized Cannabis Medical Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Legalized Cannabis Medical Market Revenues & Volume Share, By Compound, 2021 & 2031F |
4 Latvia Legalized Cannabis Medical Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Legalized Cannabis Medical Market Trends |
6 Latvia Legalized Cannabis Medical Market, By Types |
6.1 Latvia Legalized Cannabis Medical Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Cannabis Herb, 2021- 2031F |
6.1.4 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Cannabis Resin, 2021- 2031F |
6.2 Latvia Legalized Cannabis Medical Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Raw, 2021- 2031F |
6.2.3 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Processed, 2021- 2031F |
6.3 Latvia Legalized Cannabis Medical Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Recreational, 2021- 2031F |
6.3.3 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Medicinal, 2021- 2031F |
6.4 Latvia Legalized Cannabis Medical Market, By Compound |
6.4.1 Overview and Analysis |
6.4.2 Latvia Legalized Cannabis Medical Market Revenues & Volume, By THC-Dominant, 2021- 2031F |
6.4.3 Latvia Legalized Cannabis Medical Market Revenues & Volume, By CBD-Dominant, 2021- 2031F |
6.4.4 Latvia Legalized Cannabis Medical Market Revenues & Volume, By Balanced THC & CBD, 2021- 2031F |
7 Latvia Legalized Cannabis Medical Market Import-Export Trade Statistics |
7.1 Latvia Legalized Cannabis Medical Market Export to Major Countries |
7.2 Latvia Legalized Cannabis Medical Market Imports from Major Countries |
8 Latvia Legalized Cannabis Medical Market Key Performance Indicators |
9 Latvia Legalized Cannabis Medical Market - Opportunity Assessment |
9.1 Latvia Legalized Cannabis Medical Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Legalized Cannabis Medical Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Legalized Cannabis Medical Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Legalized Cannabis Medical Market Opportunity Assessment, By Compound, 2021 & 2031F |
10 Latvia Legalized Cannabis Medical Market - Competitive Landscape |
10.1 Latvia Legalized Cannabis Medical Market Revenue Share, By Companies, 2024 |
10.2 Latvia Legalized Cannabis Medical Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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