| Product Code: ETC5300503 | 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 |
In 2024, Latvia continued to rely on pesticide imports, with Lithuania, Poland, Austria, Estonia, and Germany being the top exporting countries. Despite moderate concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market witnessed a strong compound annual growth rate (CAGR) of 10.55% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -8.14%, reflecting potential shifts in market dynamics or regulatory factors impacting the pesticide import industry in Latvia.

The Pesticides market in Latvia is projected to grow at a stable growth rate of 2.62% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Pesticides Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Pesticides Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Pesticides Market - Industry Life Cycle |
3.4 Latvia Pesticides Market - Porter's Five Forces |
3.5 Latvia Pesticides Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Pesticides Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Pesticides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for food production to meet the growing population needs |
4.2.2 Government regulations promoting sustainable agriculture practices |
4.2.3 Growing awareness among farmers about the benefits of using pesticides |
4.3 Market Restraints |
4.3.1 Stringent regulations on pesticide usage and environmental concerns |
4.3.2 Increasing preference for organic farming practices |
4.3.3 Volatility in raw material prices impacting pesticide production costs |
5 Latvia Pesticides Market Trends |
6 Latvia Pesticides Market Segmentations |
6.1 Latvia Pesticides Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Pesticides Market Revenues & Volume, By Conventional Chemicals, 2021-2031F |
6.1.3 Latvia Pesticides Market Revenues & Volume, By Bio pesticides, 2021-2031F |
6.2 Latvia Pesticides Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Pesticides Market Revenues & Volume, By Pre-Harvest, 2021-2031F |
6.2.3 Latvia Pesticides Market Revenues & Volume, By Post-Harvest, 2021-2031F |
7 Latvia Pesticides Market Import-Export Trade Statistics |
7.1 Latvia Pesticides Market Export to Major Countries |
7.2 Latvia Pesticides Market Imports from Major Countries |
8 Latvia Pesticides Market Key Performance Indicators |
8.1 Adoption rate of integrated pest management practices |
8.2 Number of research and development initiatives focused on developing eco-friendly pesticides |
8.3 Percentage of agricultural land under pesticide application |
9 Latvia Pesticides Market - Opportunity Assessment |
9.1 Latvia Pesticides Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Pesticides Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Pesticides Market - Competitive Landscape |
10.1 Latvia Pesticides Market Revenue Share, By Companies, 2024 |
10.2 Latvia Pesticides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |