| Product Code: ETC7906460 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s breweries import market continued to show a high level of concentration with top exporting countries being China, Lithuania, Spain, Norway, and Denmark. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -42.83%, the growth rate in 2024 further decreased by -54.74%. This suggests a challenging environment for importers in the Latvian beer market, potentially impacted by various factors such as changing consumer preferences or economic conditions. It will be crucial for stakeholders to closely monitor these trends and adapt their strategies accordingly.

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 Breweries Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Breweries Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Breweries Market - Industry Life Cycle |
3.4 Latvia Breweries Market - Porter's Five Forces |
3.5 Latvia Breweries Market Revenues & Volume Share, By Beer Type, 2021 & 2031F |
3.6 Latvia Breweries Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Latvia Breweries Market Revenues & Volume Share, By Beer Production, 2021 & 2031F |
3.8 Latvia Breweries Market Revenues & Volume Share, By Beer Quality, 2021 & 2031F |
3.9 Latvia Breweries Market Revenues & Volume Share, By Beer Packaging, 2021 & 2031F |
4 Latvia Breweries Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for craft and specialty beers |
4.2.2 Growing popularity of beer tourism in Latvia |
4.2.3 Government initiatives supporting the local brewing industry |
4.3 Market Restraints |
4.3.1 Intense competition from international beer brands |
4.3.2 Fluctuating raw material costs, such as barley and hops |
4.3.3 Regulatory challenges related to alcohol advertising and distribution |
5 Latvia Breweries Market Trends |
6 Latvia Breweries Market, By Types |
6.1 Latvia Breweries Market, By Beer Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Breweries Market Revenues & Volume, By Beer Type, 2021- 2031F |
6.1.3 Latvia Breweries Market Revenues & Volume, By Light Beer, 2021- 2031F |
6.1.4 Latvia Breweries Market Revenues & Volume, By Strong Beer, 2021- 2031F |
6.2 Latvia Breweries Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Latvia Breweries Market Revenues & Volume, By Lager, 2021- 2031F |
6.2.3 Latvia Breweries Market Revenues & Volume, By Ale, 2021- 2031F |
6.2.4 Latvia Breweries Market Revenues & Volume, By Stout and Porter, 2021- 2031F |
6.2.5 Latvia Breweries Market Revenues & Volume, By Malt, 2021- 2031F |
6.3 Latvia Breweries Market, By Beer Production |
6.3.1 Overview and Analysis |
6.3.2 Latvia Breweries Market Revenues & Volume, By Macro-brewery, 2021- 2031F |
6.3.3 Latvia Breweries Market Revenues & Volume, By Micro-brewery, 2021- 2031F |
6.3.4 Latvia Breweries Market Revenues & Volume, By Craft Brewery, 2021- 2031F |
6.4 Latvia Breweries Market, By Beer Quality |
6.4.1 Overview and Analysis |
6.4.2 Latvia Breweries Market Revenues & Volume, By Premium, 2021- 2031F |
6.4.3 Latvia Breweries Market Revenues & Volume, By Super Premium, 2021- 2031F |
6.4.4 Latvia Breweries Market Revenues & Volume, By Normal, 2021- 2031F |
6.5 Latvia Breweries Market, By Beer Packaging |
6.5.1 Overview and Analysis |
6.5.2 Latvia Breweries Market Revenues & Volume, By Canned, 2021- 2031F |
6.5.3 Latvia Breweries Market Revenues & Volume, By Bottled, 2021- 2031F |
6.5.4 Latvia Breweries Market Revenues & Volume, By Draught, 2021- 2031F |
6.5.5 Latvia Breweries Market Revenues & Volume, By Glass, 2021- 2031F |
6.5.6 Latvia Breweries Market Revenues & Volume, By PET Bottle, 2021- 2031F |
6.5.7 Latvia Breweries Market Revenues & Volume, By Metal Can, 2021- 2031F |
7 Latvia Breweries Market Import-Export Trade Statistics |
7.1 Latvia Breweries Market Export to Major Countries |
7.2 Latvia Breweries Market Imports from Major Countries |
8 Latvia Breweries Market Key Performance Indicators |
8.1 Number of new craft beer varieties introduced in the market |
8.2 Percentage of tourists visiting breweries in Latvia |
8.3 Investment in sustainability practices by breweries |
9 Latvia Breweries Market - Opportunity Assessment |
9.1 Latvia Breweries Market Opportunity Assessment, By Beer Type, 2021 & 2031F |
9.2 Latvia Breweries Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Latvia Breweries Market Opportunity Assessment, By Beer Production, 2021 & 2031F |
9.4 Latvia Breweries Market Opportunity Assessment, By Beer Quality, 2021 & 2031F |
9.5 Latvia Breweries Market Opportunity Assessment, By Beer Packaging, 2021 & 2031F |
10 Latvia Breweries Market - Competitive Landscape |
10.1 Latvia Breweries Market Revenue Share, By Companies, 2024 |
10.2 Latvia Breweries 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.
To discover high-growth global markets and optimize your business strategy:
Click Here