| Product Code: ETC7912831 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of herbicide tolerance in Latvia have shown a significant shift in supplier concentration, with Lithuania, Germany, Poland, Netherlands, and Slovenia emerging as top exporting countries in 2024. The Herfindahl-Hirschman Index (HHI) indicates a notable increase in market concentration from moderate in 2023 to high in 2024. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stands at a healthy 10.51%, reflecting a sustained upward trajectory in the market for herbicide tolerance imports 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 Herbicide Tolerance Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Herbicide Tolerance Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Herbicide Tolerance Market - Industry Life Cycle |
3.4 Latvia Herbicide Tolerance Market - Porter's Five Forces |
3.5 Latvia Herbicide Tolerance Market Revenues & Volume Share, By Herbicide Tolerance Type, 2021 & 2031F |
3.6 Latvia Herbicide Tolerance Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Herbicide Tolerance Market Revenues & Volume Share, By Crops, 2021 & 2031F |
4 Latvia Herbicide Tolerance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for herbicide-tolerant crops in Latvia |
4.2.2 Growing awareness among farmers about the benefits of herbicide-tolerant technology |
4.2.3 Government support and favorable policies for the agriculture sector in Latvia |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for herbicide-tolerant crops |
4.3.2 Concerns about the environmental impact of herbicide-tolerant technologies |
4.3.3 Competition from alternative weed control methods |
5 Latvia Herbicide Tolerance Market Trends |
6 Latvia Herbicide Tolerance Market, By Types |
6.1 Latvia Herbicide Tolerance Market, By Herbicide Tolerance Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Herbicide Tolerance Market Revenues & Volume, By Herbicide Tolerance Type, 2021- 2031F |
6.1.3 Latvia Herbicide Tolerance Market Revenues & Volume, By Glyphosate-Tolerant Crops, 2021- 2031F |
6.1.4 Latvia Herbicide Tolerance Market Revenues & Volume, By Glufosinate-Tolerant Crops, 2021- 2031F |
6.2 Latvia Herbicide Tolerance Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Herbicide Tolerance Market Revenues & Volume, By Production of New Protein, 2021- 2031F |
6.2.3 Latvia Herbicide Tolerance Market Revenues & Volume, By Modification of Target Protein, 2021- 2031F |
6.2.4 Latvia Herbicide Tolerance Market Revenues & Volume, By Creation of Physical or Physiological Barriers, 2021- 2031F |
6.3 Latvia Herbicide Tolerance Market, By Crops |
6.3.1 Overview and Analysis |
6.3.2 Latvia Herbicide Tolerance Market Revenues & Volume, By Alfalfa, 2021- 2031F |
6.3.3 Latvia Herbicide Tolerance Market Revenues & Volume, By Argentine Canola, 2021- 2031F |
6.3.4 Latvia Herbicide Tolerance Market Revenues & Volume, By Carnation, 2021- 2031F |
6.3.5 Latvia Herbicide Tolerance Market Revenues & Volume, By Chicory, 2021- 2031F |
6.3.6 Latvia Herbicide Tolerance Market Revenues & Volume, By Cotton, 2021- 2031F |
6.3.7 Latvia Herbicide Tolerance Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Herbicide Tolerance Market Import-Export Trade Statistics |
7.1 Latvia Herbicide Tolerance Market Export to Major Countries |
7.2 Latvia Herbicide Tolerance Market Imports from Major Countries |
8 Latvia Herbicide Tolerance Market Key Performance Indicators |
8.1 Adoption rate of herbicide-tolerant crops in Latvia |
8.2 Research and development investment in herbicide-tolerant technologies |
8.3 Farmer education and training programs on herbicide-tolerant crop management |
9 Latvia Herbicide Tolerance Market - Opportunity Assessment |
9.1 Latvia Herbicide Tolerance Market Opportunity Assessment, By Herbicide Tolerance Type, 2021 & 2031F |
9.2 Latvia Herbicide Tolerance Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Herbicide Tolerance Market Opportunity Assessment, By Crops, 2021 & 2031F |
10 Latvia Herbicide Tolerance Market - Competitive Landscape |
10.1 Latvia Herbicide Tolerance Market Revenue Share, By Companies, 2024 |
10.2 Latvia Herbicide Tolerance 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.
To discover high-growth global markets and optimize your business strategy:
Click Here