| Product Code: ETC7924058 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The vermicompost import market in Latvia saw significant changes in 2024, with Spain, Lithuania, Estonia, Belgium, and Italy emerging as the top exporting countries. The market concentration, as measured by the HHI, shifted from low in 2023 to very high in 2024, indicating a notable consolidation among suppliers. With a strong compound annual growth rate (CAGR) of 7.18% from 2020 to 2024 and a remarkable growth rate of 18.7% from 2023 to 2024, the vermicompost import sector in Latvia is experiencing rapid expansion and evolving 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 Vermicompost Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Vermicompost Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Vermicompost Market - Industry Life Cycle |
3.4 Latvia Vermicompost Market - Porter's Five Forces |
3.5 Latvia Vermicompost Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Vermicompost Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Vermicompost Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about organic farming practices |
4.2.2 Growing demand for sustainable and eco-friendly agricultural products |
4.2.3 Government initiatives promoting the use of vermicompost in agriculture |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for vermicompost production |
4.3.2 Lack of standardized quality control measures in the vermicompost industry |
4.3.3 Competition from chemical fertilizers in the agricultural sector |
5 Latvia Vermicompost Market Trends |
6 Latvia Vermicompost Market, By Types |
6.1 Latvia Vermicompost Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Vermicompost Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Vermicompost Market Revenues & Volume, By Worm Casting, 2021- 2031F |
6.1.4 Latvia Vermicompost Market Revenues & Volume, By Worm Tea, 2021- 2031F |
6.1.5 Latvia Vermicompost Market Revenues & Volume, By Worm Compost, 2021- 2031F |
6.1.6 Latvia Vermicompost Market Revenues & Volume, By Vermiwash, 2021- 2031F |
6.1.7 Latvia Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Vermicompost Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Vermicompost Market Revenues & Volume, By Home Gardening, 2021- 2031F |
6.2.3 Latvia Vermicompost Market Revenues & Volume, By Landscaping, 2021- 2031F |
6.2.4 Latvia Vermicompost Market Revenues & Volume, By Golf Courses, 2021- 2031F |
6.2.5 Latvia Vermicompost Market Revenues & Volume, By Horticultural Industry, 2021- 2031F |
6.2.6 Latvia Vermicompost Market Revenues & Volume, By Agricultural farming, 2021- 2031F |
6.2.7 Latvia Vermicompost Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Vermicompost Market Import-Export Trade Statistics |
7.1 Latvia Vermicompost Market Export to Major Countries |
7.2 Latvia Vermicompost Market Imports from Major Countries |
8 Latvia Vermicompost Market Key Performance Indicators |
8.1 Adoption rate of vermicompost in agricultural practices |
8.2 Average yield increase observed by farmers using vermicompost |
8.3 Number of research studies validating the effectiveness of vermicompost in improving soil health and crop yield |
9 Latvia Vermicompost Market - Opportunity Assessment |
9.1 Latvia Vermicompost Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Vermicompost Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Vermicompost Market - Competitive Landscape |
10.1 Latvia Vermicompost Market Revenue Share, By Companies, 2024 |
10.2 Latvia Vermicompost Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |