Key Market Indicators
Latvian food sales are expected to reach €1.98 billion by 2026, a 1.3% yearly average growth rate, up from €1.82 billion in 2021. From 2010, Latvian market growth has been 4.7% year on year. Latvian food expenditures are projected to reach €3.45 billion by 2026, a 1.7% CAGR, up from €3.11 billion in 2021. From 2000, Latvian demand has grown 4.6% year on year. Latvian food production is forecast to reach $1.25 billion by 2026, a 0.6% yearly average, up from $1.21 billion in 2021. Since 1997, Latvian supply has decreased by 1% year on year.
