Alcohol, Baltic Export, Good for Business, Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Thursday, 20.06.2013, 15:12
Latvia increased beer exports by 70% in 2011
Nina Kolyako, BC, Riga, 14.02.2012.
Print version
Print versionIn 2011, Latvian breweries increase export volumes by 70% when compared to 2010, the business information portal Nozare.lv was informed by joint-stock brewing company Aldaris spokeswoman Laura Krastina.
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''The tough economic circumstances have forced breweries to improve their financial figures by concentrating more on exporting their products,'' said Krastina.
She pointed out that almost 90% of this beer was exported to Lithuania and Estonia last year. On the other hand, the remaining beer was exported to such countries as Ireland, Great Britain, the United States and Canada, informs LETA.
According to market data, beer consumption in Latvia in 2010 was at around 70 liters per person. This increased to about 81 liters per person in 2011. Thus, Latvia is nearing the beer consumption levels of Lithuania and Estonia – 83.4 liters and 85.4 liters per person respectively.
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