| Product Code: ETC7920915 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining CAGR and negative growth rate in 2024, the Latvian sake import market continues to be dominated by neighboring countries such as Lithuania and Estonia, as well as Italy, Sweden, and Finland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, potentially leading to challenges in fostering more diversified trade relationships. It will be crucial for stakeholders to closely monitor these trends and explore strategies to stimulate growth and enhance market competitiveness in the coming years.

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 Sake Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Sake Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Sake Market - Industry Life Cycle |
3.4 Latvia Sake Market - Porter's Five Forces |
3.5 Latvia Sake Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Sake Market Revenues & Volume Share, By Range, 2021 & 2031F |
4 Latvia Sake Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of Asian cuisine in Latvia leading to higher demand for sake |
4.2.2 Growing trend of premiumization and interest in high-quality alcoholic beverages |
4.2.3 Rising disposable income and changing consumer preferences towards experimenting with new flavors and products |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of sake among the general population in Latvia |
4.3.2 High import costs and limited availability of authentic sake brands |
4.3.3 Regulatory barriers and labeling requirements specific to the alcoholic beverage industry |
5 Latvia Sake Market Trends |
6 Latvia Sake Market, By Types |
6.1 Latvia Sake Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Sake Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Sake Market Revenues & Volume, By Ordinary, 2021- 2031F |
6.1.4 Latvia Sake Market Revenues & Volume, By Junmai, 2021- 2031F |
6.1.5 Latvia Sake Market Revenues & Volume, By Honjozo, 2021- 2031F |
6.1.6 Latvia Sake Market Revenues & Volume, By Ginjo, 2021- 2031F |
6.1.7 Latvia Sake Market Revenues & Volume, By Junmai Ginjo, 2021- 2031F |
6.1.8 Latvia Sake Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Sake Market, By Range |
6.2.1 Overview and Analysis |
6.2.2 Latvia Sake Market Revenues & Volume, By Low, 2021- 2031F |
6.2.3 Latvia Sake Market Revenues & Volume, By Medium, 2021- 2031F |
6.2.4 Latvia Sake Market Revenues & Volume, By Premium, 2021- 2031F |
7 Latvia Sake Market Import-Export Trade Statistics |
7.1 Latvia Sake Market Export to Major Countries |
7.2 Latvia Sake Market Imports from Major Countries |
8 Latvia Sake Market Key Performance Indicators |
8.1 Number of new sake importers entering the Latvian market |
8.2 Growth in the number of restaurants offering sake on their menus |
8.3 Increase in attendance at sake tasting events or workshops in Latvia |
9 Latvia Sake Market - Opportunity Assessment |
9.1 Latvia Sake Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Sake Market Opportunity Assessment, By Range, 2021 & 2031F |
10 Latvia Sake Market - Competitive Landscape |
10.1 Latvia Sake Market Revenue Share, By Companies, 2024 |
10.2 Latvia Sake 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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