| Product Code: ETC5557440 | 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 |
The precision harvesting market in Latvia continues to be dominated by imports from key countries such as Germany, Poland, Turkey, Italy, and Austria in 2024. Despite the high concentration indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a significant decline in both the compound annual growth rate (CAGR) from 2020-24 at -12.69% and the growth rate from 2023-24 at -84.72%. This suggests a challenging environment for precision harvesting imports in Latvia, potentially impacted by various factors influencing the market dynamics.

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 Precision Harvesting Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Precision Harvesting Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Precision Harvesting Market - Industry Life Cycle |
3.4 Latvia Precision Harvesting Market - Porter's Five Forces |
3.5 Latvia Precision Harvesting Market Revenues & Volume Share, By Product , 2021 & 2031F |
3.6 Latvia Precision Harvesting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Precision Harvesting Market Revenues & Volume Share, By Offering, 2021 & 2031F |
4 Latvia Precision Harvesting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of precision agriculture practices in Latvia |
4.2.2 Technological advancements in precision harvesting equipment |
4.2.3 Government initiatives promoting sustainable agriculture practices |
4.3 Market Restraints |
4.3.1 High initial investment cost of precision harvesting equipment |
4.3.2 Lack of awareness and education among farmers about precision harvesting benefits |
5 Latvia Precision Harvesting Market Trends |
6 Latvia Precision Harvesting Market Segmentations |
6.1 Latvia Precision Harvesting Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Precision Harvesting Market Revenues & Volume, By Combine Harvesters, 2021-2031F |
6.1.3 Latvia Precision Harvesting Market Revenues & Volume, By Harvesting Robots, 2021-2031F |
6.1.4 Latvia Precision Harvesting Market Revenues & Volume, By Self-Propelled Forage Harvesters, 2021-2031F |
6.2 Latvia Precision Harvesting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Precision Harvesting Market Revenues & Volume, By Crop, 2021-2031F |
6.2.3 Latvia Precision Harvesting Market Revenues & Volume, By Horticulture, 2021-2031F |
6.2.4 Latvia Precision Harvesting Market Revenues & Volume, By Greenhouse, 2021-2031F |
6.2.5 Latvia Precision Harvesting Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Precision Harvesting Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Latvia Precision Harvesting Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 Latvia Precision Harvesting Market Revenues & Volume, By Software, 2021-2031F |
6.3.4 Latvia Precision Harvesting Market Revenues & Volume, By Services, 2021-2031F |
7 Latvia Precision Harvesting Market Import-Export Trade Statistics |
7.1 Latvia Precision Harvesting Market Export to Major Countries |
7.2 Latvia Precision Harvesting Market Imports from Major Countries |
8 Latvia Precision Harvesting Market Key Performance Indicators |
8.1 Adoption rate of precision harvesting technology among Latvian farmers |
8.2 Percentage increase in efficiency and productivity of farms using precision harvesting |
8.3 Rate of growth in the number of precision harvesting equipment suppliers in Latvia |
9 Latvia Precision Harvesting Market - Opportunity Assessment |
9.1 Latvia Precision Harvesting Market Opportunity Assessment, By Product , 2021 & 2031F |
9.2 Latvia Precision Harvesting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Precision Harvesting Market Opportunity Assessment, By Offering, 2021 & 2031F |
10 Latvia Precision Harvesting Market - Competitive Landscape |
10.1 Latvia Precision Harvesting Market Revenue Share, By Companies, 2024 |
10.2 Latvia Precision Harvesting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |