| Product Code: ETC7921831 | 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 |
In 2024, Latvia`s soft drink import market saw a notable shift in concentration levels, moving from moderate to low concentration, indicating increased diversification among importing countries. Lithuania, Austria, Poland, Estonia, and Germany emerged as top exporters to Latvia, showcasing a dynamic regional trade landscape. With a robust compound annual growth rate of 20.71% from 2020 to 2024 and a significant growth rate of 12.54% from 2023 to 2024, the Latvian soft drinks market appears to be experiencing steady expansion and market attractiveness for foreign suppliers.

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 Soft Drinks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soft Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soft Drinks Market - Industry Life Cycle |
3.4 Latvia Soft Drinks Market - Porter's Five Forces |
3.5 Latvia Soft Drinks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Soft Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Soft Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a shift towards healthier beverage options |
4.2.2 Growing disposable income and changing lifestyle preferences favoring convenience products like soft drinks |
4.2.3 Marketing campaigns promoting innovation and new product launches in the soft drinks market |
4.3 Market Restraints |
4.3.1 Rising concerns about the health impacts of sugary drinks leading to a shift towards low sugar or sugar-free alternatives |
4.3.2 Increasing regulatory scrutiny and taxes on sugary beverages affecting the pricing and sales of soft drinks |
4.3.3 Growing competition from other beverage categories like bottled water, juices, and energy drinks |
5 Latvia Soft Drinks Market Trends |
6 Latvia Soft Drinks Market, By Types |
6.1 Latvia Soft Drinks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soft Drinks Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Soft Drinks Market Revenues & Volume, By Carbonated, 2021- 2031F |
6.1.4 Latvia Soft Drinks Market Revenues & Volume, By Non-Carbonated, 2021- 2031F |
6.2 Latvia Soft Drinks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soft Drinks Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021- 2031F |
6.2.3 Latvia Soft Drinks Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.2.4 Latvia Soft Drinks Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 Latvia Soft Drinks Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Soft Drinks Market Import-Export Trade Statistics |
7.1 Latvia Soft Drinks Market Export to Major Countries |
7.2 Latvia Soft Drinks Market Imports from Major Countries |
8 Latvia Soft Drinks Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for soft drink brands |
8.2 Number of new product launches and innovations in the soft drinks market |
8.3 Percentage of revenue generated from low sugar or sugar-free soft drink variants |
8.4 Sustainability initiatives implemented by soft drink companies to reduce environmental impact |
8.5 Consumer perception and awareness surveys on health benefits and ingredients of soft drinks |
9 Latvia Soft Drinks Market - Opportunity Assessment |
9.1 Latvia Soft Drinks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Soft Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Soft Drinks Market - Competitive Landscape |
10.1 Latvia Soft Drinks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soft Drinks 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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