| Product Code: ETC5081319 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in the CAGR and negative growth rate in 2024, the Latvian market for fungicides and bactericides saw consistent imports from top exporting countries such as Poland, Netherlands, Sweden, Finland, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, likely dominated by these key players. It will be interesting to monitor how these dynamics continue to shape the market in the coming years and the potential implications for competition and product availability in Latvia.

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 Fungicides and Bactericides Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Fungicides and Bactericides Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Fungicides and Bactericides Market - Industry Life Cycle |
3.4 Latvia Fungicides and Bactericides Market - Porter's Five Forces |
3.5 Latvia Fungicides and Bactericides Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Fungicides and Bactericides Market Revenues & Volume Share, By Forms, 2021 & 2031F |
3.7 Latvia Fungicides and Bactericides Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.8 Latvia Fungicides and Bactericides Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Fungicides and Bactericides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about crop diseases and the importance of crop protection measures |
4.2.2 Growth in the agriculture sector leading to higher demand for fungicides and bactericides |
4.2.3 Adoption of advanced farming techniques and technologies |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of certain chemicals in agriculture |
4.3.2 Rising concerns about environmental impact and sustainability of chemical inputs in agriculture |
5 Latvia Fungicides and Bactericides Market Trends |
6 Latvia Fungicides and Bactericides Market Segmentations |
6.1 Latvia Fungicides and Bactericides Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Fungicides and Bactericides Market Revenues & Volume, By Fungicides, 2021-2031F |
6.1.3 Latvia Fungicides and Bactericides Market Revenues & Volume, By Bactericides, 2021-2031F |
6.2 Latvia Fungicides and Bactericides Market, By Forms |
6.2.1 Overview and Analysis |
6.2.2 Latvia Fungicides and Bactericides Market Revenues & Volume, By Liquid, 2021-2031F |
6.2.3 Latvia Fungicides and Bactericides Market Revenues & Volume, By Powder, 2021-2031F |
6.2.4 Latvia Fungicides and Bactericides Market Revenues & Volume, By Gas, 2021-2031F |
6.3 Latvia Fungicides and Bactericides Market Segmentations |
6.3.1 Overview and Analysis |
6.3.2 Latvia Fungicides and Bactericides Market Revenues & Volume, By Inorganics, 2021-2031F |
6.3.3 Latvia Fungicides and Bactericides Market Revenues & Volume, By Benzimidazoles, 2021-2031F |
6.3.4 Latvia Fungicides and Bactericides Market Revenues & Volume, By Dithiocarbamates, 2021-2031F |
6.3.5 Latvia Fungicides and Bactericides Market Revenues & Volume, By Triazoles & Diazoles, 2021-2031F |
6.3.6 Latvia Fungicides and Bactericides Market Revenues & Volume, By Biofungicides, 2021-2031F |
6.3.7 Latvia Fungicides and Bactericides Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Fungicides and Bactericides Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Latvia Fungicides and Bactericides Market Revenues & Volume, By Cereals & Grains, 2021-2031F |
6.4.3 Latvia Fungicides and Bactericides Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F | 6.4.4 Latvia Fungicides and Bactericides Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.4.5 Latvia Fungicides and Bactericides Market Revenues & Volume, By Foliar Feeding, 2021-2031F |
6.4.6 Latvia Fungicides and Bactericides Market Revenues & Volume, By Soil Treatment, 2021-2031F |
6.4.7 Latvia Fungicides and Bactericides Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Fungicides and Bactericides Market Import-Export Trade Statistics |
7.1 Latvia Fungicides and Bactericides Market Export to Major Countries |
7.2 Latvia Fungicides and Bactericides Market Imports from Major Countries |
8 Latvia Fungicides and Bactericides Market Key Performance Indicators |
8.1 Adoption rate of integrated pest management practices by farmers |
8.2 Number of research and development initiatives focused on developing sustainable and eco-friendly fungicides and bactericides |
8.3 Percentage of agricultural land under crop protection measures |
9 Latvia Fungicides and Bactericides Market - Opportunity Assessment |
9.1 Latvia Fungicides and Bactericides Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Fungicides and Bactericides Market Opportunity Assessment, By Forms, 2021 & 2031F |
9.3 Latvia Fungicides and Bactericides Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.4 Latvia Fungicides and Bactericides Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Fungicides and Bactericides Market - Competitive Landscape |
10.1 Latvia Fungicides and Bactericides Market Revenue Share, By Companies, 2024 |
10.2 Latvia Fungicides and Bactericides 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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