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

Market Forecast By Type (Malt, Malt Extract, Malt Extract Powder, Malt Flour, Barley malt, Wheat malt, Rye malt), By Application (Beer Industry, Whisky Distilleries, Food industry, Beverages, Pharmaceutical industry) And Competitive Landscape
Product Code: ETC4844579 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

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

Latvia`s malt import market in 2024 continued to be dominated by key exporting countries such as Lithuania, Germany, Finland, Austria, and Estonia. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 2.99%. The high concentration of market share, indicated by the high Herfindahl-Hirschman Index (HHI), suggests a competitive landscape among the top exporting nations. As Latvia`s malt import market evolves, understanding these trends and market dynamics will be crucial for industry players to make informed decisions.

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

Malt Market: Latvia vs Top 5 Major Economies in 2027 (Europe)


By 2027, Latvia's Malt market is forecasted to achieve a stable growth rate of 0.60%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

Malt Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Latvia Malt Market Outlook
  • Market Size of Latvia Malt Market, 2024
  • Forecast of Latvia Malt Market, 2031
  • Historical Data and Forecast of Latvia Malt Revenues & Volume for the Period 2021-2031
  • Latvia Malt Market Trend Evolution
  • Latvia Malt Market Drivers and Challenges
  • Latvia Malt Price Trends
  • Latvia Malt Porter`s Five Forces
  • Latvia Malt Industry Life Cycle
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Malt for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Malt Extract for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Malt Extract Powder for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Malt Flour for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Barley malt for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Wheat malt for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Rye maltfor the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Beer Industryfor the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Whisky Distilleries for the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Food industryfor the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Beveragesfor the Period 2021-2031
  • Historical Data and Forecast of Latvia Malt Market Revenues & Volume By Pharmaceutical industry for the Period 2021-2031
  • Latvia Malt Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Latvia Malt Top Companies Market Share
  • Latvia Malt Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Malt Company Profiles
  • Latvia Malt Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Malt 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 Malt 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 Malt Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Malt Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Malt Market - Industry Life Cycle

3.4 Latvia Malt Market - Porter's Five Forces

3.5 Latvia Malt Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Malt Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Malt Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for craft beer and specialty malt products

4.2.2 Growing awareness about the health benefits of malt-based products

4.2.3 Expansion of the food and beverage industry in Latvia

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials like barley and wheat

4.3.2 Stringent government regulations related to alcohol production and marketing

5 Latvia Malt Market Trends

6 Latvia Malt Market Segmentations

6.1 Latvia Malt Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Malt Market Revenues & Volume, By Malt, 2021-2031F

6.1.3 Latvia Malt Market Revenues & Volume, By Malt Extract, 2021-2031F

6.1.4 Latvia Malt Market Revenues & Volume, By Malt Extract Powder, 2021-2031F

6.1.5 Latvia Malt Market Revenues & Volume, By Malt Flour, 2021-2031F

6.1.6 Latvia Malt Market Revenues & Volume, By Barley malt, 2021-2031F

6.1.7 Latvia Malt Market Revenues & Volume, By Wheat malt, 2021-2031F

6.2 Latvia Malt Market, By Application

6.2.1 Overview and Analysis

6.2.2 Latvia Malt Market Revenues & Volume, By Beer Industry? , 2021-2031F

6.2.3 Latvia Malt Market Revenues & Volume, By Whisky Distilleries, 2021-2031F

6.2.4 Latvia Malt Market Revenues & Volume, By Food industry? , 2021-2031F

6.2.5 Latvia Malt Market Revenues & Volume, By Beverages? , 2021-2031F

6.2.6 Latvia Malt Market Revenues & Volume, By Pharmaceutical industry, 2021-2031F

7 Latvia Malt Market Import-Export Trade Statistics

7.1 Latvia Malt Market Export to Major Countries

7.2 Latvia Malt Market Imports from Major Countries

8 Latvia Malt Market Key Performance Indicators

8.1 Percentage of craft breweries using malt products in their production

8.2 Consumer awareness and perception surveys on malt-based products

8.3 Number of new product launches in the malt market

9 Latvia Malt Market - Opportunity Assessment

9.1 Latvia Malt Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Malt Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Malt Market - Competitive Landscape

10.1 Latvia Malt Market Revenue Share, By Companies, 2024

10.2 Latvia Malt Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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