Key Market Indicators
RIGA, Latvia – The Latvian juice export market is projected to decline, with figures expected to drop to approximately $3.5 million by 2028, down from around $4.3 million in 2023. This represents an annual decrease of 3.4%, according to recent data. Since 1999, the country's juice supply has been steadily decreasing, with an annual reduction rate of 2.8%. In contrast, the juice import market in Latvia is set to witness slight growth. Imports are forecasted to reach about $13.4 million by 2028, up from nearly $13.2 million in 2023. This gradual increase translates to an annual growth rate of 0.3%. Despite this uptick, the overall demand for juice in Latvia has remained relatively stable since 1999, showing no significant year-on-year change.
