| Product Code: ETC7916883 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of nutrients and micronutrient fertilizers to Latvia surged in 2024, with Spain, Lithuania, Estonia, Belgium, and Italy emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 indicates a significant market shift. With a strong Compound Annual Growth Rate (CAGR) of 7.18% from 2020 to 2024 and a notable growth rate of 18.7% from 2023 to 2024, the Latvian market for these products is experiencing rapid expansion and evolving dynamics. Stakeholders should closely monitor these trends for strategic insights.

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 Nutrients and Micronutrient Fertilizers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nutrients and Micronutrient Fertilizers Market - Industry Life Cycle |
3.4 Latvia Nutrients and Micronutrient Fertilizers Market - Porter's Five Forces |
3.5 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Nutrient Type, 2021 & 2031F |
3.6 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.8 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nutrients and Micronutrient Fertilizers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of nutrients and micronutrient fertilizers in agriculture |
4.2.2 Government initiatives to promote sustainable agriculture practices |
4.2.3 Technological advancements in the production and application of fertilizers |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the excessive use of fertilizers |
4.3.2 Fluctuating prices of raw materials used in the production of nutrients and micronutrient fertilizers |
4.3.3 Regulatory challenges and compliance requirements in the fertilizer industry |
5 Latvia Nutrients and Micronutrient Fertilizers Market Trends |
6 Latvia Nutrients and Micronutrient Fertilizers Market, By Types |
6.1 Latvia Nutrients and Micronutrient Fertilizers Market, By Nutrient Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Nutrient Type, 2021- 2031F |
6.1.3 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Zinc, 2021- 2031F |
6.1.4 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Manganese, 2021- 2031F |
6.1.5 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Copper, 2021- 2031F |
6.1.6 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Boron, 2021- 2031F |
6.1.7 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Molybdenum, 2021- 2031F |
6.1.8 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Iron, 2021- 2031F |
6.2 Latvia Nutrients and Micronutrient Fertilizers Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Chelated, 2021- 2031F |
6.2.3 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Non-Chelated, 2021- 2031F |
6.3 Latvia Nutrients and Micronutrient Fertilizers Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Grains and Cereals, 2021- 2031F |
6.3.3 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Pulses and Oilseeds, 2021- 2031F |
6.3.4 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Commercial Crops, 2021- 2031F |
6.3.5 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Fruits and Vegetables, 2021- 2031F |
6.3.6 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Nutrients and Micronutrient Fertilizers Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Soil, 2021- 2031F |
6.4.3 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Foliar, 2021- 2031F |
6.4.4 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Fertigation, 2021- 2031F |
6.4.5 Latvia Nutrients and Micronutrient Fertilizers Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Nutrients and Micronutrient Fertilizers Market Import-Export Trade Statistics |
7.1 Latvia Nutrients and Micronutrient Fertilizers Market Export to Major Countries |
7.2 Latvia Nutrients and Micronutrient Fertilizers Market Imports from Major Countries |
8 Latvia Nutrients and Micronutrient Fertilizers Market Key Performance Indicators |
8.1 Soil health improvement index |
8.2 Nutrient use efficiency |
8.3 Adoption rate of micronutrient fertilizers in agriculture |
8.4 Environmental impact assessment of fertilizer usage |
8.5 Research and development investment in nutrient and micronutrient fertilizers |
9 Latvia Nutrients and Micronutrient Fertilizers Market - Opportunity Assessment |
9.1 Latvia Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Nutrient Type, 2021 & 2031F |
9.2 Latvia Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.4 Latvia Nutrients and Micronutrient Fertilizers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nutrients and Micronutrient Fertilizers Market - Competitive Landscape |
10.1 Latvia Nutrients and Micronutrient Fertilizers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nutrients and Micronutrient Fertilizers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |