| Product Code: ETC12933493 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s mate import market continues to show steady growth, with top exporters Lithuania, Germany, Estonia, Italy, and Sweden maintaining strong trade relationships in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the Compound Annual Growth Rate (CAGR) from 2020 to 2024 stands at 5.26%, demonstrating sustained expansion. Noteworthy is the impressive growth rate of 8.39% from 2023 to 2024, reflecting increasing demand and opportunities for market players in the Latvian mate import industry.

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 Mate Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mate Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mate Market - Industry Life Cycle |
3.4 Latvia Mate Market - Porter's Five Forces |
3.5 Latvia Mate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Mate Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.7 Latvia Mate Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Latvia Mate Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Mate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of mate consumption |
4.2.2 Growing trend towards natural and organic products |
4.2.3 Rising demand for functional beverages in the market |
4.3 Market Restraints |
4.3.1 Intense competition from other beverage categories |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Latvia Mate Market Trends |
6 Latvia Mate Market, By Types |
6.1 Latvia Mate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mate Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Mate Market Revenues & Volume, By Traditional, 2021 - 2031F |
6.1.4 Latvia Mate Market Revenues & Volume, By Flavored, 2021 - 2031F |
6.1.5 Latvia Mate Market Revenues & Volume, By Instant, 2021 - 2031F |
6.2 Latvia Mate Market, By Processing Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mate Market Revenues & Volume, By Loose Leaf, 2021 - 2031F |
6.2.3 Latvia Mate Market Revenues & Volume, By Powdered, 2021 - 2031F |
6.2.4 Latvia Mate Market Revenues & Volume, By Extract-Based, 2021 - 2031F |
6.3 Latvia Mate Market, By Packaging Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Mate Market Revenues & Volume, By Boxes & Bags, 2021 - 2031F |
6.3.3 Latvia Mate Market Revenues & Volume, By Tins & Jars, 2021 - 2031F |
6.3.4 Latvia Mate Market Revenues & Volume, By Sachets, 2021 - 2031F |
6.4 Latvia Mate Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Mate Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.3 Latvia Mate Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Latvia Mate Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
7 Latvia Mate Market Import-Export Trade Statistics |
7.1 Latvia Mate Market Export to Major Countries |
7.2 Latvia Mate Market Imports from Major Countries |
8 Latvia Mate Market Key Performance Indicators |
8.1 Number of new product launches in the mate market |
8.2 Growth in distribution channels for mate products |
8.3 Consumer engagement and loyalty towards mate brands |
8.4 Adoption rate of mate consumption among different age groups and demographics |
8.5 Investment in research and development for new mate product innovations |
9 Latvia Mate Market - Opportunity Assessment |
9.1 Latvia Mate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Mate Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
9.3 Latvia Mate Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.4 Latvia Mate Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Mate Market - Competitive Landscape |
10.1 Latvia Mate Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mate 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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