eCommerce Industry in Latvia

Top Online Store
N/AN/A
Top Category
Online Share
5-10%

eCommerce Revenue

US$773m
2024

Growth

15-20%
2024

Growth Forecast

0-5%
24/25

Average Order Value

2024

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Latvian eCommerce: Market Size & Growth

eCommerce Revenue by Year & Annual Growth Rate

The Latvian eCommerce Market generated an eCommerce revenue of US$773m in 2024, reflecting an eCommerce growth rate of 15-20% compared to the previous year. Projections for 2025 see the eCommerce market trending toward a change of 0-5%.

Annual Revenue

US$773m
2024

Annual Growth Forecast

0-5%
24/25

eCommerce Market Size by Annual Revenue (in Million US$)

2022
2023
773
2024
2025
2026

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Monthly eCommerce Revenue & Growth

Online sales are subject to changes throughout a year that are determined by broader consumer habits, cultural preferences, and the general state of the economy. In the Latvian eCommerce Market, monthly revenues in of were N/A. This represents a change of N/A from the previous month.

Revenue Current Month

N/A

Growth from Previous Month

N/A
N/A-

Monthly Revenue (in Million US$)

N/A
N/A
N/A
N/A
N/A
N/A

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Latvian eCommerce: Product Categories

In the Latvian eCommerce Market, Hobby & Leisure is the largest category, contributing 26% to the markets's total revenue. Among all eCommerce product categories, it holds the leading position in terms of revenue share and consumer demand.

Revenue Breakdown by Category

2024

Hobby & Leisure (26%)

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Latvian eCommerce Penetration: Online Market Share

The Latvian eCommerce Market reached an online share of 5-10% in 2024. This eCommerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 5-10% in 2025.

Online Share

5-10%
2024

Online Share Forecast

5-10%
2025

Online Share/eCommerce Market Share

2022
2023
5-10%
2024
5-10%
2025
2026

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