| Product Code: ETC7922872 | 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 |
Latvia`s syrup import market continues to thrive in 2024, with key suppliers including Metropolitan France, Poland, Estonia, Lithuania, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 24.25% from 2020 to 2024 highlights sustained expansion. Notably, the growth rate surged by 40.16% from 2023 to 2024, signaling strong momentum in the industry. With a diverse range of suppliers and robust growth trends, the Latvia syrup import market presents promising opportunities for stakeholders.

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 Syrups Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Syrups Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Syrups Market - Industry Life Cycle |
3.4 Latvia Syrups Market - Porter's Five Forces |
3.5 Latvia Syrups Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Syrups Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Syrups Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic syrups due to health consciousness among consumers |
4.2.2 Growing popularity of flavored coffee and cocktails, leading to higher consumption of syrups |
4.2.3 Rising trend of homemade beverages and desserts, driving the demand for syrups |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as sugar and fruits impacting the production cost of syrups |
4.3.2 Stringent regulations and standards related to food safety and quality control |
4.3.3 Competition from substitute products like artificial sweeteners and ready-to-drink beverages |
5 Latvia Syrups Market Trends |
6 Latvia Syrups Market, By Types |
6.1 Latvia Syrups Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Syrups Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Syrups Market Revenues & Volume, By Chocolate Syrup, 2021- 2031F |
6.1.4 Latvia Syrups Market Revenues & Volume, By Maple Syrup, 2021- 2031F |
6.1.5 Latvia Syrups Market Revenues & Volume, By Simple Syrup, 2021- 2031F |
6.1.6 Latvia Syrups Market Revenues & Volume, By High Fructose Corn Syrup, 2021- 2031F |
6.1.7 Latvia Syrups Market Revenues & Volume, By Inverted Sugar Syrup, 2021- 2031F |
6.1.8 Latvia Syrups Market Revenues & Volume, By Rice Syrup, 2021- 2031F |
6.1.9 Latvia Syrups Market Revenues & Volume, By Malt Syrup, 2021- 2031F |
6.1.10 Latvia Syrups Market Revenues & Volume, By Malt Syrup, 2021- 2031F |
6.2 Latvia Syrups Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Syrups Market Revenues & Volume, By Beverage, 2021- 2031F |
6.2.3 Latvia Syrups Market Revenues & Volume, By Dairy & Frozen Dessert, 2021- 2031F |
6.2.4 Latvia Syrups Market Revenues & Volume, By Confectionery, 2021- 2031F |
6.2.5 Latvia Syrups Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Syrups Market Import-Export Trade Statistics |
7.1 Latvia Syrups Market Export to Major Countries |
7.2 Latvia Syrups Market Imports from Major Countries |
8 Latvia Syrups Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for syrup-related recipes and DIY ideas |
8.2 Number of new product launches and flavor innovations in the market |
8.3 Growth in the number of cafes, bars, and restaurants offering syrup-infused beverages and dishes |
9 Latvia Syrups Market - Opportunity Assessment |
9.1 Latvia Syrups Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Syrups Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Syrups Market - Competitive Landscape |
10.1 Latvia Syrups Market Revenue Share, By Companies, 2024 |
10.2 Latvia Syrups 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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