| Product Code: ETC7908210 | 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 |
In 2024, Latvia saw a significant shift in compost import dynamics, with top exporters being Spain, Lithuania, Estonia, Belgium, and Italy. The market witnessed a notable increase in concentration levels, indicating a more dominant presence of these key exporting countries. The industry`s strong Compound Annual Growth Rate (CAGR) of 7.18% from 2020 to 2024, coupled with a remarkable growth rate of 18.7% from 2023 to 2024, highlights the growing demand for compost in Latvia and the evolving competitive landscape within the market.

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 Compost Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Compost Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Compost Market - Industry Life Cycle |
3.4 Latvia Compost Market - Porter's Five Forces |
3.5 Latvia Compost Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Compost Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Compost Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Compost Market Trends |
6 Latvia Compost Market, By Types |
6.1 Latvia Compost Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Compost Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Compost Market Revenues & Volume, By Yard Trimmings, 2021- 2031F |
6.1.4 Latvia Compost Market Revenues & Volume, By Food Wastes, 2021- 2031F |
6.1.5 Latvia Compost Market Revenues & Volume, By Leaves, 2021- 2031F |
6.1.6 Latvia Compost Market Revenues & Volume, By Manure, 2021- 2031F |
6.1.7 Latvia Compost Market Revenues & Volume, By Mushroom Compost, 2021- 2031F |
6.1.8 Latvia Compost Market Revenues & Volume, By Vermicomposting, 2021- 2031F |
6.2 Latvia Compost Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Compost Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.2.3 Latvia Compost Market Revenues & Volume, By Home Gardening, 2021- 2031F |
6.2.4 Latvia Compost Market Revenues & Volume, By Landscaping, 2021- 2031F |
6.2.5 Latvia Compost Market Revenues & Volume, By Horticulture, 2021- 2031F |
6.2.6 Latvia Compost Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Compost Market Import-Export Trade Statistics |
7.1 Latvia Compost Market Export to Major Countries |
7.2 Latvia Compost Market Imports from Major Countries |
8 Latvia Compost Market Key Performance Indicators |
9 Latvia Compost Market - Opportunity Assessment |
9.1 Latvia Compost Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Compost Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Compost Market - Competitive Landscape |
10.1 Latvia Compost Market Revenue Share, By Companies, 2024 |
10.2 Latvia Compost Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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