Latest Report Update: Dec 20, 2019

Latvia - Beer Made From Malt (Excluding Non-Alcoholic Beer) - Market Analysis, Forecast, Size, Trends And Insights
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Latvia: Beer Market Overview 2020

Beer Market Size in Latvia

The revenue of the beer market in Latvia amounted to $X in 2018, surging by X% against the previous year. In general, beer consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. In that year, the beer market attained its peak level of $X. From 2009 to 2018, the growth of the beer market remained at a somewhat lower figure.

Beer Production in Latvia

In value terms, beer production amounted to $X in 2018 estimated in export prices. In general, beer production continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2008 when production volume increased by X% y-o-y. In that year, beer production reached its peak level of $X. From 2009 to 2018, beer production growth failed to regain its momentum.

Beer Exports

Exports from Latvia

In 2018, the beer exports from Latvia stood at X tonnes, growing by X% against the previous year. Over the period under review, beer exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, beer exports attained their peak figure at X tonnes in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

In value terms, beer exports amounted to $X in 2018. In general, beer exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, beer exports attained their peak of $X. From 2014 to 2018, the growth of beer exports remained at a lower figure.

Exports by Country

In 2018, Mexico (X tonnes), distantly followed by the Netherlands (X tonnes), Belgium (X tonnes) and Germany (X tonnes) were the main exporters of beer made from malt (excluding non-alcoholic beer), together making up X% of total exports. The U.S. (X tonnes), France (X tonnes), Ireland (X tonnes), the Czech Republic (X tonnes), the UK (X tonnes), China (X tonnes), Russia (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Poland (+X%), France (+X%), the U.S. (+X%), China (+X%), the Czech Republic (+X%), Belgium (+X%), Russia (+X%) and Ireland (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany, the Netherlands and the UK experienced a relatively flat trend pattern. While the share of Mexico (+X p.p.), Belgium (+X p.p.), France (+X p.p.), the U.S. (+X p.p.) and Poland (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest beer supplier from Latvia, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

In Mexico, beer exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2018, the beer export price in Latvia amounted to $X per tonne, increasing by X% against the previous year. Overall, the beer export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, the export prices for beer made from malt (excluding non-alcoholic beer) attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the UK ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Beer Imports

Imports into Latvia

In 2018, the amount of beer made from malt (excluding non-alcoholic beer) imported into Latvia totaled X tonnes, rising by X% against the previous year. Over the period under review, beer imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Latvia imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, beer imports amounted to $X in 2018. Over the period under review, beer imports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Latvia imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. represented the largest importer of beer made from malt (excluding non-alcoholic beer) in the world, with the volume of imports recording X tonnes, which was approx. X% of total imports in 2018. The UK (X tonnes) occupied the second position in the ranking, followed by France (X tonnes) and China (X tonnes). All these countries together occupied near X% share of total imports. Germany (X tonnes), Italy (X tonnes), the Netherlands (X tonnes), Spain (X tonnes), Canada (X tonnes), Russia (X tonnes), South Korea (X tonnes) and Australia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to beer imports into the U.S. stood at +X%. At the same time, China (+X%), South Korea (+X%), Australia (+X%), Spain (+X%), France (+X%), Germany (+X%), the Netherlands (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy, Russia and Canada experienced a relatively flat trend pattern. The U.S. (+X p.p.), China (+X p.p.), France (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported beer made from malt (excluding non-alcoholic beer) into Latvia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by China, with a X% share.

In the U.S., beer imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the beer import price in Latvia amounted to $X per tonne, surging by X% against the previous year. In general, the beer import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. In that year, the import prices for beer made from malt (excluding non-alcoholic beer) reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the import prices for beer made from malt (excluding non-alcoholic beer) remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 51 - Beer of Barley

This report provides an in-depth analysis of the beer market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Latvia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Latvia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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