Market research

Malt market in Latvia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The malt market in Latvia saw its volume decline from 12.7 thousand tons in 2018 to 12.1 thousand tons in 2020. Initially, stable economic growth supported by EU funds for agriculture helped sustain production. However, an economic slowdown with reduced investments in 2019, followed by COVID-19 pandemic restrictions that created uncertainty and limited demand in 2020, contributed to the contraction.

Market volume recovered to 12.7 thousand tons in 2021 amid economic revival and rising private consumption, even as consumer purchasing power was squeezed by prices outpacing wages. A further expansion to 13.6 thousand tons occurred in 2022, a period marked by a 29% surge in food prices driven by global supply chain disruptions and energy cost inflation that raised production expenses. The trend reversed sharply in 2023, with volume dropping to 10.3 thousand tons as sustained consumer price inflation, which rose 7.9% overall, continued to pressure the market.

For 2024 and 2025, while full volume data is not available, sector factors remained relevant. Forecasts of rising food prices coincided with falling grain prices, potentially affecting malt production costs. Changes in migration policy could influence labor availability for food manufacturing, and adjustments to tax and social contribution regulations impacted small businesses, including malt producers. Inflationary pressures on food prices persisted, reinforced by both domestic and global elements.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latvia
  1. 5.1.1. In kind, 2018-2023, K t
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production malt in Latvia

In kind, 2018-2021, K t

Top producers of malt, 2018-2021

Source: SHEV.io

World map of production of malt, 2018-2021

Source: SHEV.io

Latvia's malt production has declined for the third year in a row. In 2021, the country produced 2 thousand tons of malt, marking a modest decrease of 4.8% compared to 2020. Looking at the period from 2018 to 2021, production fell by 31.8%, with an average annual decline of 12.0%.

Annual dynamics of production in Latvia in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(21.4%)	(9.0%)	(4.8%)	(12.0%)

Source: SHEV.io

Exports malt from Latvia

Exports in kind, t

Latvia's malt exports have decreased for the third consecutive year. In 2021, the country exported 1 187 tons of malt, which is 29.3% lower than in 2020. Over the 2018-2021 period, exports dropped by 64.9%, with an average annual decline of 29.4%.

Annual dynamics of product's exports from Latvia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(35.1%)	(23.4%)	(29.3%)	(29.4%)

Source: SHEV.io

From 2018 to 2021, Estonia and Russia were the dominant destinations for Latvia's malt exports in volume terms. Estonia accounted for 52.3% of total exports, while Russia made up 37.2%, together representing 89.5% of the total. Other partners accounted for the remaining share.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Latvia's malt exports in value terms have declined for the third year running. In 2021, exports amounted to 564 thousand US dollars, showing a drop of 24.2% compared to the previous year. Over the 2018-2021 period, exports decreased by 57.3%, with an average annual decline of 24.7%.

Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.6%)	(32.5%)	(24.2%)	(24.7%)

Source: SHEV.io

Between 2018 and 2021, Estonia and Russia clearly dominated Latvia's malt export structure in value terms, while other countries together accounted for the remaining portion.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in value, 2018-2021

Source: SHEV.io

Imports malt to Latvia

Imports in kind, t

After two years of decline, Latvia's malt import volume increased in 2021. The country imported approximately 11 970 tons of malt, showing a slight gain of 1.7% compared to 2020. However, over the 2018-2021 period, imports decreased by 9.9%, equating to an average annual decline of 3.4%. The lowest import volume was recorded in 2020 at 11 773 tons, which also saw the largest decline of 5.9%.

Annual dynamics of product's imports to Latvia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.8%)	(5.9%)	1.7%	(3.4%)

Source: SHEV.io

From 2018 to 2021, Lithuania was the central partner for Latvia's malt imports in volume terms, accounting for 84.7% of total flows. Other markets played a less significant role in the import structure.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Latvia's malt import volume in value terms has declined for the third consecutive year. In 2021, imports amounted to 5 568 thousand US dollars, showing a small drop of 1.2% compared to 2020. Over the 2018-2021 period, imports decreased by 12.5%, with an average annual decline of 4.4%.

Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.9%)	(10.6%)	(1.2%)	(4.4%)

Source: SHEV.io

In the 2018-2021 period, Lithuania played a leading role in Latvia's malt imports in value terms, with a share of 77.9% of total flows. The remainder was distributed across other partners.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in value, 2018-2021

Source: SHEV.io