The year 2024 has seen a continuation of barbecue-related trends that significantly impact the processed meat and seafood category in Latvia. An earlier-than-usual start to the summer season boosted sales, as consumers increasingly opt for ready-to-cook barbecue products rather than preparing meals ...
Staple foods in Latvia in 2024 presents a more stable outlook than the turmoil of previous years. The inflationary pressures of 2022 and 2023 appear to have subsided, offering some relief. However, ongoing economic uncertainty has hindered a more rapid recovery in sales. Many staple categories, part...
Heated tobacco sales recorded positive, but lower growth in 2021 compared to the review period. Excise tax on heated tobacco was raised from EUR75 to EUR160 per kg in 2021, thus raising prices significantly compared to neighbouring countries. Euromonitor International's Smokeless Tobacc...
Fine cut tobacco continued to grow in 2021 as a cheaper alternative to cigarettes during a time of increasing price-conscious behaviour when trading down from expensive cigarettes to fine cut smoking tobacco was evident. Sales of smoking tobacco benefited further from a restricted access to illicit ...
Over the review period, volume sales of cigarettes were on the decline as consumers are becoming more health-conscious. The COVID-19 pandemic temporarily reversed this downwards trend. Tighter border controls during 2020 and 2021, aided by more sophisticated technological equipment and scanning, res...
Over the review period, volume sales of cigarettes were on the decline as consumers are becoming more health-conscious. The COVID-19 pandemic temporarily reversed this downwards trend. Tighter border controls during 2020 and 2021 resulted in a double-digit decline of illicit trade to the benefit of ...
Snacks in 2022: The big picture Euromonitor International's Snacks in Latvia report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the lead...
Coffee in Latvia is expected to register a moderate increase in current value sales in 2024, as inflation has eased significantly. However, continuing population decline dampens volume sales, with marginal volume growth expected. Volume growth is expected to be higher through foodservice channels....
The picture is bleak overall for tea in Latvia in 2024. While there is expected to be an increase in current value sales, volume sales are expected to fall marginally. Continuing population decline dampens volume sales. In addition, more and more consumers in Latvia are drinking coffee instead. Blac...
Energy drinks is expected to register the highest volume growth among all soft drinks in 2024. Energy drinks have a loyal fan base, especially among younger consumers, and this is despite a ban on selling energy drinks to minors, due to the high sugar and caffeine content. Consumers appreciate the...