| Product Code: ETC7922065 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to experience a strong demand for specialty coffee imports, with top exporting countries being Sweden, Brazil, Lithuania, Poland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 25.67% from 2020 to 2024 reflects the growing popularity of specialty coffee in Latvia. The growth rate of 26.65% in 2024 further highlights the sustained momentum in the market, making it an attractive destination for coffee exporters looking to capitalize on this trend.

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 Specialty Coffee Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Specialty Coffee Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Specialty Coffee Market - Industry Life Cycle |
3.4 Latvia Specialty Coffee Market - Porter's Five Forces |
3.5 Latvia Specialty Coffee Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.6 Latvia Specialty Coffee Market Revenues & Volume Share, By Application Outlook, 2021 & 2031F |
3.7 Latvia Specialty Coffee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Specialty Coffee Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Specialty Coffee Market Trends |
6 Latvia Specialty Coffee Market, By Types |
6.1 Latvia Specialty Coffee Market, By Age Group |
6.1.1 Overview and Analysis |
6.1.2 Latvia Specialty Coffee Market Revenues & Volume, By Age Group, 2021- 2031F |
6.1.3 Latvia Specialty Coffee Market Revenues & Volume, By 18-24, 2021- 2031F |
6.1.4 Latvia Specialty Coffee Market Revenues & Volume, By 25-39, 2021- 2031F |
6.1.5 Latvia Specialty Coffee Market Revenues & Volume, By 40-59, 2021- 2031F |
6.1.6 Latvia Specialty Coffee Market Revenues & Volume, By Above 60, 2021- 2031F |
6.2 Latvia Specialty Coffee Market, By Application Outlook |
6.2.1 Overview and Analysis |
6.2.2 Latvia Specialty Coffee Market Revenues & Volume, By Home, 2021- 2031F |
6.2.3 Latvia Specialty Coffee Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Latvia Specialty Coffee Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Specialty Coffee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.3.3 Latvia Specialty Coffee Market Revenues & Volume, By Convenience stores, 2021- 2031F |
6.3.4 Latvia Specialty Coffee Market Revenues & Volume, By Online, 2021- 2031F |
7 Latvia Specialty Coffee Market Import-Export Trade Statistics |
7.1 Latvia Specialty Coffee Market Export to Major Countries |
7.2 Latvia Specialty Coffee Market Imports from Major Countries |
8 Latvia Specialty Coffee Market Key Performance Indicators |
9 Latvia Specialty Coffee Market - Opportunity Assessment |
9.1 Latvia Specialty Coffee Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.2 Latvia Specialty Coffee Market Opportunity Assessment, By Application Outlook, 2021 & 2031F |
9.3 Latvia Specialty Coffee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Specialty Coffee Market - Competitive Landscape |
10.1 Latvia Specialty Coffee Market Revenue Share, By Companies, 2024 |
10.2 Latvia Specialty Coffee 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