| Product Code: ETC11313973 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s whisky import market in 2024 continues to see a high concentration of shipments, with top exporting countries being Netherlands, Ireland, UK, Germany, and Poland. Despite a negative compound annual growth rate (CAGR) of -5.11% from 2020 to 2024, there was a positive growth rate of 5.63% in 2024 compared to the previous year. This suggests a potential turnaround in the market and increased demand for whisky imports in Latvia. The market dynamics and the competitive landscape will be crucial factors to monitor for stakeholders in the 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 Whisky Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Whisky Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Whisky Market - Industry Life Cycle |
3.4 Latvia Whisky Market - Porter's Five Forces |
3.5 Latvia Whisky Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Whisky Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Latvia Whisky Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Whisky Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Whisky Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of whisky among younger consumers in Latvia |
4.2.2 Growing interest in premium and craft whiskies in the market |
4.2.3 Rise in disposable income leading to higher spending on luxury products like whisky |
4.3 Market Restraints |
4.3.1 High import taxes and duties on whisky impacting pricing and affordability |
4.3.2 Limited awareness and education about different types and brands of whiskies in Latvia |
5 Latvia Whisky Market Trends |
6 Latvia Whisky Market, By Types |
6.1 Latvia Whisky Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Whisky Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Whisky Market Revenues & Volume, By Single Malt Whisky, 2021 - 2031F |
6.1.4 Latvia Whisky Market Revenues & Volume, By Blended Whisky, 2021 - 2031F |
6.1.5 Latvia Whisky Market Revenues & Volume, By Bourbon Whisky, 2021 - 2031F |
6.2 Latvia Whisky Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Whisky Market Revenues & Volume, By Bottled, 2021 - 2031F |
6.2.3 Latvia Whisky Market Revenues & Volume, By Canned, 2021 - 2031F |
6.2.4 Latvia Whisky Market Revenues & Volume, By Packaged, 2021 - 2031F |
6.3 Latvia Whisky Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Whisky Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.3.3 Latvia Whisky Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.4 Latvia Whisky Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.4 Latvia Whisky Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Whisky Market Revenues & Volume, By Consumers, 2021 - 2031F |
6.4.3 Latvia Whisky Market Revenues & Volume, By Restaurants & Bars, 2021 - 2031F |
6.4.4 Latvia Whisky Market Revenues & Volume, By Collectors, 2021 - 2031F |
7 Latvia Whisky Market Import-Export Trade Statistics |
7.1 Latvia Whisky Market Export to Major Countries |
7.2 Latvia Whisky Market Imports from Major Countries |
8 Latvia Whisky Market Key Performance Indicators |
8.1 Number of whisky tasting events and festivals organized in Latvia |
8.2 Growth in the number of whisky bars and specialty stores in the market |
8.3 Percentage increase in online searches for whisky-related information or products in Latvia |
9 Latvia Whisky Market - Opportunity Assessment |
9.1 Latvia Whisky Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Whisky Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Latvia Whisky Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Whisky Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Whisky Market - Competitive Landscape |
10.1 Latvia Whisky Market Revenue Share, By Companies, 2024 |
10.2 Latvia Whisky Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |