| Product Code: ETC4774222 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The herbal cigars and cigarettes import market in Latvia continued to see high concentration levels in 2024, with top exporting countries being Poland, Lithuania, Romania, Germany, and Czechia. Despite a minimal CAGR of 0.1% from 2020 to 2024, there was a slight growth uptick in 2024 with a 2.05% increase compared to the previous year. This indicates a stable yet slightly expanding market for herbal tobacco products in Latvia, with key players maintaining their strong presence in the market.

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 Herbal Cigars & Cigarettes Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Herbal Cigars & Cigarettes Market - Industry Life Cycle |
3.4 Latvia Herbal Cigars & Cigarettes Market - Porter's Five Forces |
3.5 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.7 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume Share, By Cigarette Material, 2021 & 2031F |
4 Latvia Herbal Cigars & Cigarettes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health risks associated with traditional tobacco products |
4.2.2 Growing trend towards natural and organic products in the tobacco industry |
4.2.3 Rise in demand for alternative smoking products among health-conscious consumers |
4.3 Market Restraints |
4.3.1 Stringent government regulations on tobacco products and advertising |
4.3.2 Limited availability and accessibility of herbal cigars and cigarettes in the market |
4.3.3 High product pricing compared to traditional tobacco products |
5 Latvia Herbal Cigars & Cigarettes Market Trends |
6 Latvia Herbal Cigars & Cigarettes Market Segmentations |
6.1 Latvia Herbal Cigars & Cigarettes Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Cigarettes, 2021-2031F |
6.1.3 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Beedis, 2021-2031F |
6.1.4 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Roll-Your-Own, 2021-2031F |
6.2 Latvia Herbal Cigars & Cigarettes Market, By Flavor |
6.2.1 Overview and Analysis |
6.2.2 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Regular, 2021-2031F |
6.2.3 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Clove, 2021-2031F |
6.2.4 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Menthol, 2021-2031F |
6.2.5 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Herbal Cigars & Cigarettes Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Latvia Herbal Cigars & Cigarettes Market, By Cigarette Material |
6.4.1 Overview and Analysis |
6.4.2 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Hemp, 2021-2031F |
6.4.3 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Green Tea, 2021-2031F |
6.4.4 Latvia Herbal Cigars & Cigarettes Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Herbal Cigars & Cigarettes Market Import-Export Trade Statistics |
7.1 Latvia Herbal Cigars & Cigarettes Market Export to Major Countries |
7.2 Latvia Herbal Cigars & Cigarettes Market Imports from Major Countries |
8 Latvia Herbal Cigars & Cigarettes Market Key Performance Indicators |
8.1 Consumer interest and engagement with herbal tobacco products on social media platforms |
8.2 Number of new product launches and innovations in the herbal cigars and cigarettes market |
8.3 Growth in the number of specialty stores and online retailers offering herbal tobacco products |
9 Latvia Herbal Cigars & Cigarettes Market - Opportunity Assessment |
9.1 Latvia Herbal Cigars & Cigarettes Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Herbal Cigars & Cigarettes Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.3 Latvia Herbal Cigars & Cigarettes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Latvia Herbal Cigars & Cigarettes Market Opportunity Assessment, By Cigarette Material, 2021 & 2031F |
10 Latvia Herbal Cigars & Cigarettes Market - Competitive Landscape |
10.1 Latvia Herbal Cigars & Cigarettes Market Revenue Share, By Companies, 2024 |
10.2 Latvia Herbal Cigars & Cigarettes 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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