| Product Code: ETC5079457 | 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 |
Latvia`s nitrogenous fertilizers import market in 2024 saw significant contributions from Lithuania, Netherlands, Poland, Germany, and Belgium. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, reflecting a competitive landscape. Despite a healthy compound annual growth rate (CAGR) of 7.56% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -14.76%. This suggests a potential shift or temporary slowdown in import demand, warranting further analysis to understand the market dynamics impacting nitrogenous fertilizer imports in Latvia.

By 2027, Latvia's Nitrogenous Fertilizers market is forecasted to achieve a stable growth rate of 3.38%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Nitrogenous Fertilizers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nitrogenous Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nitrogenous Fertilizers Market - Industry Life Cycle |
3.4 Latvia Nitrogenous Fertilizers Market - Porter's Five Forces |
3.5 Latvia Nitrogenous Fertilizers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Nitrogenous Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nitrogenous Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high crop yield and quality due to increasing population and food requirements. |
4.2.2 Technological advancements in nitrogenous fertilizers leading to improved efficiency and effectiveness in agriculture. |
4.2.3 Government support and subsidies for the agriculture sector, encouraging the use of fertilizers. |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations related to the use of nitrogenous fertilizers, such as water pollution and greenhouse gas emissions. |
4.3.2 Fluctuating prices of raw materials used in manufacturing nitrogenous fertilizers, impacting production costs and pricing. |
4.3.3 Competition from alternative sustainable agricultural practices and organic fertilizers. |
5 Latvia Nitrogenous Fertilizers Market Trends |
6 Latvia Nitrogenous Fertilizers Market Segmentations |
6.1 Latvia Nitrogenous Fertilizers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Urea, 2021-2031F |
6.1.3 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Ammonium Nitrate, 2021-2031F |
6.1.4 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Ammonium Sulfate, 2021-2031F |
6.1.5 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Ammonia, 2021-2031F |
6.1.6 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Calcium Ammonium Nitrate (CAN), 2021-2031F |
6.1.7 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Nitrogenous Fertilizers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Cereals & Grains, 2021-2031F |
6.2.3 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F | 6.2.4 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.2.5 Latvia Nitrogenous Fertilizers Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Nitrogenous Fertilizers Market Import-Export Trade Statistics |
7.1 Latvia Nitrogenous Fertilizers Market Export to Major Countries |
7.2 Latvia Nitrogenous Fertilizers Market Imports from Major Countries |
8 Latvia Nitrogenous Fertilizers Market Key Performance Indicators |
8.1 Nitrogen Use Efficiency (NUE) rate, indicating the effectiveness of nitrogenous fertilizers in promoting plant growth. |
8.2 Adoption rate of precision agriculture technologies in conjunction with nitrogenous fertilizers, showcasing efficiency improvements. |
8.3 Soil health indicators, such as organic matter content and microbial activity, reflecting the sustainability of nitrogenous fertilizer usage. |
9 Latvia Nitrogenous Fertilizers Market - Opportunity Assessment |
9.1 Latvia Nitrogenous Fertilizers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Nitrogenous Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nitrogenous Fertilizers Market - Competitive Landscape |
10.1 Latvia Nitrogenous Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nitrogenous Fertilizers 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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