| Product Code: ETC4847106 | 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 | |
The chocolate syrup import market in Latvia continues to thrive with a diverse range of suppliers, led by Poland, Ukraine, Lithuania, Estonia, and Belgium in 2024. The low concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive landscape. With a remarkable compound annual growth rate (CAGR) of 25.37% from 2020-2024 and a rapid growth rate of 31.24% in 2023-24, the market shows strong momentum and potential for further expansion. LatviaâÂÂs appetite for chocolate syrup imports is clearly on the rise, presenting opportunities for both domestic and international 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 Chocolate Syrup Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Chocolate Syrup Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Chocolate Syrup Market - Industry Life Cycle |
3.4 Latvia Chocolate Syrup Market - Porter's Five Forces |
3.5 Latvia Chocolate Syrup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Chocolate Syrup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Chocolate Syrup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for indulgent and premium food products |
4.2.2 Growing demand for convenience and ready-to-use food items |
4.2.3 Rising popularity of homemade desserts and beverages |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like cocoa beans and sugar |
4.3.2 Intense competition from other dessert toppings and syrups |
4.3.3 Government regulations and policies affecting the production and distribution of chocolate syrup |
5 Latvia Chocolate Syrup Market Trends |
6 Latvia Chocolate Syrup Market Segmentations |
6.1 Latvia Chocolate Syrup Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Chocolate Syrup Market Revenues & Volume, By Conventional, 2021-2031F |
6.1.3 Latvia Chocolate Syrup Market Revenues & Volume, By Organic, 2021-2031F |
6.2 Latvia Chocolate Syrup Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Chocolate Syrup Market Revenues & Volume, By Grocery Stores, 2021-2031F |
6.2.3 Latvia Chocolate Syrup Market Revenues & Volume, By Hypermarket or Supermarket, 2021-2031F |
6.2.4 Latvia Chocolate Syrup Market Revenues & Volume, By e-Commerce Platform, 2021-2031F |
7 Latvia Chocolate Syrup Market Import-Export Trade Statistics |
7.1 Latvia Chocolate Syrup Market Export to Major Countries |
7.2 Latvia Chocolate Syrup Market Imports from Major Countries |
8 Latvia Chocolate Syrup Market Key Performance Indicators |
8.1 Consumer engagement and feedback on social media platforms |
8.2 Number of new product launches and innovations in the chocolate syrup market |
8.3 Growth in the number of cafes, bakeries, and dessert parlors offering chocolate syrup-based products |
9 Latvia Chocolate Syrup Market - Opportunity Assessment |
9.1 Latvia Chocolate Syrup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Chocolate Syrup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Chocolate Syrup Market - Competitive Landscape |
10.1 Latvia Chocolate Syrup Market Revenue Share, By Companies, 2024 |
10.2 Latvia Chocolate Syrup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |