Key Market Indicators
Sales of Latvian dairy products are expected to reach €411 million by 2026, according to a recent report. This is a 0.4% increase from 2021, when sales totaled €400 million. Since 2013, sales have grown 2.1% year on year. In 2021, Latvia came in at number 28 in this ranking, with Estonia overtaking at €400 million. Germany, Italy and the Netherlands respectively took the second, third and fourth spots. Meanwhile, Latvian dairy products production is forecast to reach €403 million by 2026, a 0.7% increase from 2021, when it totaled €385 million. Since 2013, production has risen 3% year on year. In 2021, Latvia landed at number 27, with Estonia taking the lead at €385 million. Germany, Italy and the Netherlands respectively ranked second, third and fourth.