| Product Code: ETC7922020 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of soybean rust control products to Latvia in 2024 have shown a significant shift in concentration, with a notable increase in HHI indicating higher concentration among the top exporting countries. Despite a decline in growth rate from 2023 to 2024, the overall compound annual growth rate over the period 2020-2024 remains strong at 10.51%. Key exporting countries such as Lithuania, Germany, Poland, Netherlands, and Slovenia are playing a crucial role in supplying these products to meet the demand in the Latvian market. This trend underscores the importance of effective rust control measures in Latvia`s agricultural sector.

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 Soybean Rust Control Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Soybean Rust Control Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Soybean Rust Control Market - Industry Life Cycle |
3.4 Latvia Soybean Rust Control Market - Porter's Five Forces |
3.5 Latvia Soybean Rust Control Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Soybean Rust Control Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Latvia Soybean Rust Control Market Revenues & Volume Share, By Fungicide, 2021 & 2031F |
4 Latvia Soybean Rust Control Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of soybean rust control in Latvia |
4.2.2 Growing demand for organic and sustainable farming practices |
4.2.3 Government initiatives promoting soybean production in the country |
4.3 Market Restraints |
4.3.1 Limited adoption of advanced rust control technologies in the agriculture sector |
4.3.2 High initial investment required for implementing effective rust control measures |
5 Latvia Soybean Rust Control Market Trends |
6 Latvia Soybean Rust Control Market, By Types |
6.1 Latvia Soybean Rust Control Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Soybean Rust Control Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Soybean Rust Control Market Revenues & Volume, By Liquid, 2021- 2031F |
6.1.4 Latvia Soybean Rust Control Market Revenues & Volume, By Powder, 2021- 2031F |
6.2 Latvia Soybean Rust Control Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Latvia Soybean Rust Control Market Revenues & Volume, By Phakopsora meibomiae, 2021- 2031F |
6.2.3 Latvia Soybean Rust Control Market Revenues & Volume, By Phakopsora pachyrhizi, 2021- 2031F |
6.3 Latvia Soybean Rust Control Market, By Fungicide |
6.3.1 Overview and Analysis |
6.3.2 Latvia Soybean Rust Control Market Revenues & Volume, By Protective, 2021- 2031F |
6.3.3 Latvia Soybean Rust Control Market Revenues & Volume, By Curative, 2021- 2031F |
7 Latvia Soybean Rust Control Market Import-Export Trade Statistics |
7.1 Latvia Soybean Rust Control Market Export to Major Countries |
7.2 Latvia Soybean Rust Control Market Imports from Major Countries |
8 Latvia Soybean Rust Control Market Key Performance Indicators |
8.1 Percentage increase in the adoption of integrated pest management practices |
8.2 Number of research and development initiatives focused on soybean rust control solutions in Latvia |
8.3 Rate of implementation of government subsidies and support programs for soybean farmers |
9 Latvia Soybean Rust Control Market - Opportunity Assessment |
9.1 Latvia Soybean Rust Control Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Soybean Rust Control Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Latvia Soybean Rust Control Market Opportunity Assessment, By Fungicide, 2021 & 2031F |
10 Latvia Soybean Rust Control Market - Competitive Landscape |
10.1 Latvia Soybean Rust Control Market Revenue Share, By Companies, 2024 |
10.2 Latvia Soybean Rust Control 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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