The fresh cheese market in Latvia has shown a general upward trajectory, reaching a volume of 24.684 million kilograms in 2023. From 2013 to 2023, the market experienced fluctuations with notable dips in 2016 and 2017, followed by a steady recovery. The last two years recorded marginal growth close to 2.5% each year, while the average annual growth rate over the past five years was 2.21%.
Future trends to watch for include:
- Increasing consumer preference for fresh and organic products possibly leading to higher demand.
- Inflationary pressures potentially affecting pricing and consumption patterns.
- Advancements in production technology improving efficiency and scale.
- Growing export opportunities in the Baltic and European regions.
How does Latvia rank in Fresh Cheese Market Size Volume?
| # | 17 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 887,030,000 | 2023 | -3.98% | -1.83% | View data |
| 2 | 2 Germany | 542,420,000 | 2023 | -0.32% | -0.11% | View data |
| 3 | 3 Poland | 445,660,000 | 2023 | +1.99% | +2.22% | View data |
| 4 | 4 France | 340,570,000 | 2023 | -2.51% | -4.29% | View data |
| 5 | 5 Czech Republic | 99,890,000 | 2023 | +2.59% | +5% | View data |
| 11 | 11 Slovakia | 38,430,000 | 2023 | +3.55% | +2.61% | View data |
| 12 | 12 Portugal | 30,043,000 | 2023 | +2.67% | +6.82% | View data |
| 13 | 13 Latvia | 24,684,000 | 2023 | +2.37% | +2.21% | |
| 14 | 14 Croatia | 22,503,000 | 2023 | +2.54% | +3.33% | View data |
| 15 | 15 Sweden | 16,529,000 | 2023 | +0.96% | +3.05% | View data |
