Key Market Indicators
Latvia's chocolate imports are projected to reach $77 million by 2026, up from $67.7 million in 2021. This is a growth of 2% year-on-year, according to the CAGR. Since 1999, Latvian demand for chocolate has jumped 4.4% year-on-year. In 2021, Latvia ranked 59th, just behind Luxembourg's $67.7 million. Germany, France and the United Kingdom were ranked 2nd, 3rd and 4th respectively in this ranking. Latvia's chocolate exports are projected to reach $50 million by 2026, up from $42.7 million in 2021. This is a rise of 2.5% year-on-year, according to the CAGR. Since 1999, Latvian supply of chocolate has risen 5.8% year-on-year. In 2021, Latvia ranked 50th, just behind Greece's $42.7 million. Belgium, Italy and the Netherlands were ranked 2nd, 3rd and 4th respectively in this ranking.
