| Product Code: ETC5303562 | 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 plant growth regulators imports, with top exporters being Poland, Denmark, Lithuania, Belgium, and Austria. The market remained concentrated, with high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a healthy compound annual growth rate (CAGR) of 6.27% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -20.32%. This suggests a potential slowdown in the market, highlighting the importance for industry players to closely monitor trends and adapt strategies accordingly.

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 Plant Growth Regulators Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plant Growth Regulators Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plant Growth Regulators Market - Industry Life Cycle |
3.4 Latvia Plant Growth Regulators Market - Porter's Five Forces |
3.5 Latvia Plant Growth Regulators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plant Growth Regulators Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
4 Latvia Plant Growth Regulators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality crops |
4.2.2 Growing awareness about the benefits of plant growth regulators in enhancing crop yield |
4.2.3 Favorable government policies supporting the agriculture sector in Latvia |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of plant growth regulators in agriculture |
4.3.2 Limited availability of advanced plant growth regulator products in the market |
4.3.3 Fluctuating prices of raw materials used in manufacturing plant growth regulators |
5 Latvia Plant Growth Regulators Market Trends |
6 Latvia Plant Growth Regulators Market Segmentations |
6.1 Latvia Plant Growth Regulators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plant Growth Regulators Market Revenues & Volume, By Cytokinins, 2021-2031F |
6.1.3 Latvia Plant Growth Regulators Market Revenues & Volume, By Auxins, 2021-2031F |
6.1.4 Latvia Plant Growth Regulators Market Revenues & Volume, By Gibberellins, 2021-2031F |
6.1.5 Latvia Plant Growth Regulators Market Revenues & Volume, By Ethylene, 2021-2031F |
6.1.6 Latvia Plant Growth Regulators Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Plant Growth Regulators Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plant Growth Regulators Market Revenues & Volume, By Cereals, 2021-2031F |
6.2.3 Latvia Plant Growth Regulators Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F | 6.2.4 Latvia Plant Growth Regulators Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.2.5 Latvia Plant Growth Regulators Market Revenues & Volume, By Turf & Ornamentals, 2021-2031F |
6.2.6 Latvia Plant Growth Regulators Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Plant Growth Regulators Market Import-Export Trade Statistics |
7.1 Latvia Plant Growth Regulators Market Export to Major Countries |
7.2 Latvia Plant Growth Regulators Market Imports from Major Countries |
8 Latvia Plant Growth Regulators Market Key Performance Indicators |
8.1 Adoption rate of innovative plant growth regulator products in the agriculture sector |
8.2 Rate of increase in the average crop yield per hectare in Latvia |
8.3 Percentage of farmers using plant growth regulators in their crop cultivation practices |
9 Latvia Plant Growth Regulators Market - Opportunity Assessment |
9.1 Latvia Plant Growth Regulators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plant Growth Regulators Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
10 Latvia Plant Growth Regulators Market - Competitive Landscape |
10.1 Latvia Plant Growth Regulators Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plant Growth Regulators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |