Latvia Tea Market (2025-2031) | Companies, Industry, Value, Revenue, Share, Analysis, Forecast, Segmentation, Trends, Outlook, Size & Growth
Market Forecast By Type (Green Tea, Black Tea, Oolong Tea, Fruit/Herbal Tea, Others), By Packaging (Plastic Containers, Loose Tea, Paperboards, Aluminum Tins, Tea Bags), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Others), By Application (Residential, Commercial) And Competitive Landscape
| Product Code: ETC4842717 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia Tea Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Latvia`s tea import market saw a diverse mix of top exporting countries in 2024, with Poland, Sri Lanka, Lithuania, UAE, and Russia leading the pack. Despite a moderate concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a decline in Compound Annual Growth Rate (CAGR) from 2020 to 2024. However, there was a notable growth spike in 2024, with a 7.7% increase in import shipments compared to the previous year. This dynamic landscape suggests evolving consumer preferences and market trends in the Latvian tea import sector.
Tea Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Tea market in Latvia is projected to grow at a stable growth rate of 0.43% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Key Highlights of the Report:
- Latvia Tea Market Outlook
- Market Size of Latvia Tea Market, 2024
- Forecast of Latvia Tea Market, 2031
- Historical Data and Forecast of Latvia Tea Revenues & Volume for the Period 2021-2031
- Latvia Tea Market Trend Evolution
- Latvia Tea Market Drivers and Challenges
- Latvia Tea Price Trends
- Latvia Tea Porter`s Five Forces
- Latvia Tea Industry Life Cycle
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Green Tea for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Black Tea for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Oolong Tea for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Fruit/Herbal Tea for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Packaging for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Plastic Containers for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Loose Tea for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Paperboards for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Aluminum Tins for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Tea Bags for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Specialty Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Convenience Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Online Stores for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Latvia Tea Market Revenues & Volume By Commercial for the Period 2021-2031
- Latvia Tea Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Packaging
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By Application
- Latvia Tea Top Companies Market Share
- Latvia Tea Competitive Benchmarking By Technical and Operational Parameters
- Latvia Tea Company Profiles
- Latvia Tea Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Tea 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 Tea 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 Tea Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Tea Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Tea Market - Industry Life Cycle |
3.4 Latvia Tea Market - Porter's Five Forces |
3.5 Latvia Tea Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Tea Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.7 Latvia Tea Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Tea Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Tea Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of tea |
4.2.2 Growing trend towards organic and specialty teas |
4.2.3 Rising demand for herbal and wellness teas |
4.3 Market Restraints |
4.3.1 Competition from coffee and other beverages |
4.3.2 Fluctuating raw material prices |
4.3.3 Limited availability of high-quality tea leaves |
5 Latvia Tea Market Trends |
6 Latvia Tea Market Segmentations |
6.1 Latvia Tea Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Tea Market Revenues & Volume, By Green Tea, 2021-2031F |
6.1.3 Latvia Tea Market Revenues & Volume, By Black Tea, 2021-2031F |
6.1.4 Latvia Tea Market Revenues & Volume, By Oolong Tea, 2021-2031F |
6.1.5 Latvia Tea Market Revenues & Volume, By Fruit/Herbal Tea, 2021-2031F |
6.1.6 Latvia Tea Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Tea Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Latvia Tea Market Revenues & Volume, By Plastic Containers, 2021-2031F |
6.2.3 Latvia Tea Market Revenues & Volume, By Loose Tea, 2021-2031F |
6.2.4 Latvia Tea Market Revenues & Volume, By Paperboards, 2021-2031F |
6.2.5 Latvia Tea Market Revenues & Volume, By Aluminum Tins, 2021-2031F |
6.2.6 Latvia Tea Market Revenues & Volume, By Tea Bags, 2021-2031F |
6.3 Latvia Tea Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Tea Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Latvia Tea Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 Latvia Tea Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.5 Latvia Tea Market Revenues & Volume, By Online Stores, 2021-2031F |
6.3.6 Latvia Tea Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Tea Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Tea Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Latvia Tea Market Revenues & Volume, By Commercial, 2021-2031F |
7 Latvia Tea Market Import-Export Trade Statistics |
7.1 Latvia Tea Market Export to Major Countries |
7.2 Latvia Tea Market Imports from Major Countries |
8 Latvia Tea Market Key Performance Indicators |
8.1 Number of new product launches in the tea market |
8.2 Consumer engagement on social media platforms related to tea |
8.3 Percentage of consumers willing to pay a premium for specialty teas |
8.4 Adoption rate of tea subscription services |
8.5 Number of tea tasting events and workshops held in Latvia |
9 Latvia Tea Market - Opportunity Assessment |
9.1 Latvia Tea Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Tea Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.3 Latvia Tea Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Tea Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Tea Market - Competitive Landscape |
10.1 Latvia Tea Market Revenue Share, By Companies, 2024 |
10.2 Latvia Tea Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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