| Product Code: ETC7905003 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia continues to rely on imports for automatic agricultural soil testing equipment, with the USA, China, Germany, Belgium, and Austria being the top exporting countries in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a modest compound annual growth rate (CAGR) of 0.63% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -32.37%. This indicates a challenging year for the market, possibly influenced by various factors impacting import trends in the agricultural sector.

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 Automatic Agricultural Soil Testing Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automatic Agricultural Soil Testing Equipment Market - Industry Life Cycle |
3.4 Latvia Automatic Agricultural Soil Testing Equipment Market - Porter's Five Forces |
3.5 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Test Type, 2021 & 2031F |
3.6 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Site, 2021 & 2031F |
3.7 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Latvia Automatic Agricultural Soil Testing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing focus on enhancing agricultural productivity and efficiency in Latvia |
4.2.2 Increasing adoption of smart farming technologies in the agriculture sector |
4.2.3 Government initiatives promoting sustainable agricultural practices |
4.3 Market Restraints |
4.3.1 High initial investment required for automatic agricultural soil testing equipment |
4.3.2 Lack of awareness and technical expertise among farmers |
4.3.3 Limited availability of skilled professionals for operating and maintaining the equipment |
5 Latvia Automatic Agricultural Soil Testing Equipment Market Trends |
6 Latvia Automatic Agricultural Soil Testing Equipment Market, By Types |
6.1 Latvia Automatic Agricultural Soil Testing Equipment Market, By Test Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Test Type, 2021- 2031F |
6.1.3 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Physical Tests, 2021- 2031F |
6.1.4 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Residual Tests, 2021- 2031F |
6.1.5 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Chemical Tests, 2021- 2031F |
6.2 Latvia Automatic Agricultural Soil Testing Equipment Market, By Site |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Laboratory, 2021- 2031F |
6.2.3 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By On-Site, 2021- 2031F |
6.3 Latvia Automatic Agricultural Soil Testing Equipment Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Aftermarket (Manufacturer/Distributor/Service Provider), 2021- 2031F |
6.3.3 Latvia Automatic Agricultural Soil Testing Equipment Market Revenues & Volume, By Degree of Automation, 2021- 2031F |
7 Latvia Automatic Agricultural Soil Testing Equipment Market Import-Export Trade Statistics |
7.1 Latvia Automatic Agricultural Soil Testing Equipment Market Export to Major Countries |
7.2 Latvia Automatic Agricultural Soil Testing Equipment Market Imports from Major Countries |
8 Latvia Automatic Agricultural Soil Testing Equipment Market Key Performance Indicators |
8.1 Adoption rate of smart farming technologies in the agriculture sector in Latvia |
8.2 Number of government initiatives supporting the adoption of automatic agricultural soil testing equipment |
8.3 Percentage increase in agricultural productivity and efficiency attributed to the use of automatic soil testing equipment |
9 Latvia Automatic Agricultural Soil Testing Equipment Market - Opportunity Assessment |
9.1 Latvia Automatic Agricultural Soil Testing Equipment Market Opportunity Assessment, By Test Type, 2021 & 2031F |
9.2 Latvia Automatic Agricultural Soil Testing Equipment Market Opportunity Assessment, By Site, 2021 & 2031F |
9.3 Latvia Automatic Agricultural Soil Testing Equipment Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Latvia Automatic Agricultural Soil Testing Equipment Market - Competitive Landscape |
10.1 Latvia Automatic Agricultural Soil Testing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automatic Agricultural Soil Testing Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |