Latvia Water Soluble Fertilizer Market (2025-2031) | Size & Revenue, Forecast, Competitive Landscape, Value, Share, Companies, Analysis, Growth, Trends, Outlook, Industry, Segmentation
Market Forecast By Product Type (Ammonium Nitrate, Ammonium Sulphate, Calcium Nitrate, Potassium Sulphate, Monoammonium Phosphate, Mono Potassium Phosphate, Urea Phosphate, Magnesium Nitrate), By Crop Type (Horticultural Openfield, Horticultural Greenhouse, Field Crops, Turf & Ornamental, Others), By Application (Fertigation, Foliar, Raw Material) And Competitive Landscape
| Product Code: ETC7924475 | 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 |
Latvia Water Soluble Fertilizer Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Latvia saw a significant shift in its water-soluble fertilizer import landscape, with top exporters being Morocco, Finland, Lithuania, Netherlands, and Germany. The market concentration, as measured by the HHI, increased from moderate to high in just one year. The industry experienced a negative compound annual growth rate of -4.4% from 2020 to 2024, and a steep decline in growth rate of -30.15% from 2023 to 2024. This suggests a challenging environment for water-soluble fertilizer imports in Latvia, signaling potential shifts in market dynamics and competitive pressures.
Key Highlights of the Report:
- Latvia Water Soluble Fertilizer Market Outlook
- Market Size of Latvia Water Soluble Fertilizer Market, 2024
- Forecast of Latvia Water Soluble Fertilizer Market, 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Revenues & Volume for the Period 2021- 2031
- Latvia Water Soluble Fertilizer Market Trend Evolution
- Latvia Water Soluble Fertilizer Market Drivers and Challenges
- Latvia Water Soluble Fertilizer Price Trends
- Latvia Water Soluble Fertilizer Porter's Five Forces
- Latvia Water Soluble Fertilizer Industry Life Cycle
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Product Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Ammonium Nitrate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Ammonium Sulphate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Calcium Nitrate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Potassium Sulphate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Monoammonium Phosphate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Mono Potassium Phosphate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Urea Phosphate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Ammonium Nitrate Water Soluble Fertilizer Market Revenues & Volume By Magnesium Nitrate for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Crop Type for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Horticultural Openfield for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Horticultural Greenhouse for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Field Crops for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Turf & Ornamental for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Others for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Fertigation for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Foliar for the Period 2021- 2031
- Historical Data and Forecast of Latvia Water Soluble Fertilizer Market Revenues & Volume By Raw Material for the Period 2021- 2031
- Latvia Water Soluble Fertilizer Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Crop Type
- Market Opportunity Assessment By Application
- Latvia Water Soluble Fertilizer Top Companies Market Share
- Latvia Water Soluble Fertilizer Competitive Benchmarking By Technical and Operational Parameters
- Latvia Water Soluble Fertilizer Company Profiles
- Latvia Water Soluble Fertilizer Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Water Soluble Fertilizer Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Water Soluble Fertilizer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Water Soluble Fertilizer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Water Soluble Fertilizer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Water Soluble Fertilizer Market - Industry Life Cycle |
3.4 Latvia Water Soluble Fertilizer Market - Porter's Five Forces |
3.5 Latvia Water Soluble Fertilizer Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Water Soluble Fertilizer Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.7 Latvia Water Soluble Fertilizer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Water Soluble Fertilizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of water-soluble fertilizers in enhancing crop yield and quality |
4.2.2 Growing adoption of precision agriculture techniques in Latvia |
4.2.3 Favorable government initiatives supporting sustainable agricultural practices |
4.3 Market Restraints |
4.3.1 Higher initial cost of water-soluble fertilizers compared to traditional fertilizers |
4.3.2 Concerns about potential environmental impact of excessive fertilizer use |
4.3.3 Limited availability and accessibility of water-soluble fertilizers in rural areas |
5 Latvia Water Soluble Fertilizer Market Trends |
6 Latvia Water Soluble Fertilizer Market, By Types |
6.1 Latvia Water Soluble Fertilizer Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Ammonium Nitrate, 2021- 2031F |
6.1.4 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Ammonium Sulphate, 2021- 2031F |
6.1.5 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Calcium Nitrate, 2021- 2031F |
6.1.6 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Potassium Sulphate, 2021- 2031F |
6.1.7 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Monoammonium Phosphate, 2021- 2031F |
6.1.8 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Mono Potassium Phosphate, 2021- 2031F |
6.1.9 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Magnesium Nitrate, 2021- 2031F |
6.1.10 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Magnesium Nitrate, 2021- 2031F |
6.2 Latvia Water Soluble Fertilizer Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Horticultural Openfield, 2021- 2031F |
6.2.3 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Horticultural Greenhouse, 2021- 2031F |
6.2.4 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Field Crops, 2021- 2031F |
6.2.5 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Turf & Ornamental, 2021- 2031F |
6.2.6 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Water Soluble Fertilizer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Fertigation, 2021- 2031F |
6.3.3 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Foliar, 2021- 2031F |
6.3.4 Latvia Water Soluble Fertilizer Market Revenues & Volume, By Raw Material, 2021- 2031F |
7 Latvia Water Soluble Fertilizer Market Import-Export Trade Statistics |
7.1 Latvia Water Soluble Fertilizer Market Export to Major Countries |
7.2 Latvia Water Soluble Fertilizer Market Imports from Major Countries |
8 Latvia Water Soluble Fertilizer Market Key Performance Indicators |
8.1 Average application rate of water-soluble fertilizers per hectare |
8.2 Percentage increase in yield and quality of crops using water-soluble fertilizers |
8.3 Adoption rate of water-soluble fertilizers by farmers compared to traditional fertilizers |
9 Latvia Water Soluble Fertilizer Market - Opportunity Assessment |
9.1 Latvia Water Soluble Fertilizer Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Water Soluble Fertilizer Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.3 Latvia Water Soluble Fertilizer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Water Soluble Fertilizer Market - Competitive Landscape |
10.1 Latvia Water Soluble Fertilizer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Water Soluble Fertilizer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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