Key Market Indicators
Latvians are expected to consume 20,900 metric tons of alcohol by 2026, a 3.3% year-on-year average increase. In 2021, the country ranked 66th in the world, with Ireland overtaking it with a consumption of 17,100 metric tons. India, Japan and Russia are the top three countries in terms of alcohol consumption. Latvian alcoholic exports are forecast to reach $956 million by 2026, a 2.9% year-on-year increase. This is a 13.1% year-on-year increase since 1999.
