| Product Code: ETC7903949 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s agricultural haying and forage machinery import shipments in 2024 were mainly sourced from Sweden, Estonia, China, Lithuania, and Austria. The market exhibited moderate concentration levels with a CAGR of 3.74% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -29.59%. The diverse mix of exporting countries indicates a competitive landscape in the industry, offering Latvian buyers a range of options for sourcing quality machinery for their agricultural needs.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Agricultural Haying and Forage Machinery Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Agricultural Haying and Forage Machinery Market - Industry Life Cycle |
3.4 Latvia Agricultural Haying and Forage Machinery Market - Porter's Five Forces |
3.5 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Agricultural Haying and Forage Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government subsidies and support for the agriculture sector in Latvia |
4.2.2 Increasing demand for high-quality forage crops |
4.2.3 Technological advancements leading to improved efficiency and productivity in haying and forage machinery |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting manufacturing costs |
4.3.2 Seasonal nature of agricultural activities impacting demand for haying and forage machinery |
4.3.3 Competition from imported machinery affecting domestic market growth |
5 Latvia Agricultural Haying and Forage Machinery Market Trends |
6 Latvia Agricultural Haying and Forage Machinery Market, By Types |
6.1 Latvia Agricultural Haying and Forage Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume, By Mowers, 2021- 2031F |
6.1.4 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume, By Balers, 2021- 2031F |
6.1.5 Latvia Agricultural Haying and Forage Machinery Market Revenues & Volume, By Forage Harvesters, 2021- 2031F |
7 Latvia Agricultural Haying and Forage Machinery Market Import-Export Trade Statistics |
7.1 Latvia Agricultural Haying and Forage Machinery Market Export to Major Countries |
7.2 Latvia Agricultural Haying and Forage Machinery Market Imports from Major Countries |
8 Latvia Agricultural Haying and Forage Machinery Market Key Performance Indicators |
8.1 Average age of haying and forage machinery in use |
8.2 Adoption rate of precision farming technologies in the agriculture sector |
8.3 Percentage of agricultural land under mechanized haying and forage practices |
9 Latvia Agricultural Haying and Forage Machinery Market - Opportunity Assessment |
9.1 Latvia Agricultural Haying and Forage Machinery Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Agricultural Haying and Forage Machinery Market - Competitive Landscape |
10.1 Latvia Agricultural Haying and Forage Machinery Market Revenue Share, By Companies, 2024 |
10.2 Latvia Agricultural Haying and Forage Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |