Latvia Herbicides Market (2025-2031) | Growth, Share, Value, Revenue, Trends, Outlook, Companies, Size, Industry, Forecast, Segmentation & Analysis

Market Forecast By Type (Glyphosate, 2, 4-D, Diquat, Others), By Mode of Action (Non-Selective, Selective), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others) And Competitive Landscape
Product Code: ETC5680465 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Herbicides Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Despite a slight decline in growth rate from the previous year, Latvia continues to show a strong demand for herbicides, with key importing countries such as Poland, Denmark, and Lithuania maintaining their top positions in 2024. The high concentration of market share, as indicated by the Herfindahl-Hirschman Index (HHI), suggests a competitive landscape among these exporters. With a healthy compound annual growth rate (CAGR) of 7.73% from 2020 to 2024, the herbicides market in Latvia is expected to remain robust in the coming years, offering opportunities for both domestic and international suppliers.

Latvia Herbicides Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Herbicides Market Outlook
  • Market Size of Latvia Herbicides Market, 2024
  • Forecast of Latvia Herbicides Market, 2031
  • Historical Data and Forecast of Latvia Herbicides Revenues & Volume for the Period 2021-2031
  • Latvia Herbicides Market Trend Evolution
  • Latvia Herbicides Market Drivers and Challenges
  • Latvia Herbicides Price Trends
  • Latvia Herbicides Porter`s Five Forces
  • Latvia Herbicides Industry Life Cycle
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Glyphosate for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By 2, 4-D for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Diquat for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Mode of Action for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Non-Selective for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Selective for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Crop Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Cereals & Grains for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Oilseeds & Pulses for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Fruits & Vegetables for the Period 2021-2031
  • Historical Data and Forecast of Latvia Herbicides Market Revenues & Volume By Others for the Period 2021-2031
  • Latvia Herbicides Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Mode of Action
  • Market Opportunity Assessment By Crop Type
  • Latvia Herbicides Top Companies Market Share
  • Latvia Herbicides Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Herbicides Company Profiles
  • Latvia Herbicides Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Herbicides Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Herbicides Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Herbicides? Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Herbicides? Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Herbicides? Market - Industry Life Cycle

3.4 Latvia Herbicides? Market - Porter's Five Forces

3.5 Latvia Herbicides? Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Herbicides? Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F

3.7 Latvia Herbicides? Market Revenues & Volume Share, By Crop Type, 2021 & 2031F

4 Latvia Herbicides? Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of modern farming practices in Latvia

4.2.2 Growing awareness about the benefits of herbicides in enhancing crop yield

4.2.3 Government initiatives to promote sustainable agriculture practices

4.3 Market Restraints

4.3.1 Stringent regulations on the use of herbicides in agriculture

4.3.2 Concerns about environmental impact and health hazards associated with herbicide usage

5 Latvia Herbicides? Market Trends

6 Latvia Herbicides? Market Segmentations

6.1 Latvia Herbicides? Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Herbicides? Market Revenues & Volume, By Glyphosate, 2021-2031F

6.1.3 Latvia Herbicides? Market Revenues & Volume, By 2, 4-D, 2021-2031F

6.1.4 Latvia Herbicides? Market Revenues & Volume, By Diquat, 2021-2031F

6.1.5 Latvia Herbicides? Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Herbicides? Market, By Mode of Action

6.2.1 Overview and Analysis

6.2.2 Latvia Herbicides? Market Revenues & Volume, By Non-Selective, 2021-2031F

6.2.3 Latvia Herbicides? Market Revenues & Volume, By Selective, 2021-2031F

6.3 Latvia Herbicides? Market, By Crop Type

6.3.1 Overview and Analysis

6.3.2 Latvia Herbicides? Market Revenues & Volume, By Cereals & Grains, 2021-2031F

6.3.3 Latvia Herbicides? Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F

6.3.4 Latvia Herbicides? Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F

6.3.5 Latvia Herbicides? Market Revenues & Volume, By Others, 2021-2031F

7 Latvia Herbicides? Market Import-Export Trade Statistics

7.1 Latvia Herbicides? Market Export to Major Countries

7.2 Latvia Herbicides? Market Imports from Major Countries

8 Latvia Herbicides? Market Key Performance Indicators

8.1 Adoption rate of integrated weed management practices

8.2 Percentage of farmers using herbicide-resistant crop varieties

8.3 Investment in research and development of eco-friendly herbicides

9 Latvia Herbicides? Market - Opportunity Assessment

9.1 Latvia Herbicides? Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Herbicides? Market Opportunity Assessment, By Mode of Action, 2021 & 2031F

9.3 Latvia Herbicides? Market Opportunity Assessment, By Crop Type, 2021 & 2031F

10 Latvia Herbicides? Market - Competitive Landscape

10.1 Latvia Herbicides? Market Revenue Share, By Companies, 2024

10.2 Latvia Herbicides? Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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