Key Market Indicators
Latvian Champagne exports are predicted to reach over 640,000 liters by 2026, growing at an average of 2.5% year on year. Since 2006, exports have risen 17.3%. In 2021, Latvia was the seventh-largest exporter, with the United Kingdom overtaking them with 552,550 liters. The Netherlands, Germany and Italy ranked second, third and fourth respectively. Latvian imports of Champagne are also predicted to grow, reaching 869,000 liters by 2026, with an average growth rate of 3.8% year on year since 2006. In 2021, Latvia ranked 12th in the importing rankings, with Finland overtaking them with 694,130 liters. Germany, Belgium and Italy were second, third and fourth respectively.