| Product Code: ETC7918018 | 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 |
Latvia`s paraquat import market in 2024 continued to be dominated by imports from Germany, Czechia, Lithuania, Netherlands, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the Compound Annual Growth Rate (CAGR) for paraquat imports from 2020 to 2024 saw a significant decline of -39.29%, with a sharp negative growth rate of -70.97% from 2023 to 2024. This suggests a challenging market environment with potential shifts in demand, pricing, or regulatory factors impacting the import landscape for paraquat in Latvia.

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 Paraquat Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Paraquat Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Paraquat Market - Industry Life Cycle |
3.4 Latvia Paraquat Market - Porter's Five Forces |
3.5 Latvia Paraquat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Paraquat Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Paraquat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for agricultural products in Latvia |
4.2.2 Growing awareness about the benefits of paraquat in weed control |
4.2.3 Adoption of modern farming techniques and technologies in the country |
4.3 Market Restraints |
4.3.1 Stringent regulations on pesticide usage and environmental concerns |
4.3.2 Competition from alternative weed control methods |
4.3.3 Health and safety concerns associated with paraquat usage |
5 Latvia Paraquat Market Trends |
6 Latvia Paraquat Market, By Types |
6.1 Latvia Paraquat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Paraquat Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Paraquat Market Revenues & Volume, By Paraquat Aqueous Solution, 2021- 2031F |
6.1.4 Latvia Paraquat Market Revenues & Volume, By Paraquat Soluble Granule, 2021- 2031F |
6.1.5 Latvia Paraquat Market Revenues & Volume, By Paraquat Water Soluble Gel, 2021- 2031F |
6.1.6 Latvia Paraquat Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Paraquat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Paraquat Market Revenues & Volume, By Farms, 2021- 2031F |
6.2.3 Latvia Paraquat Market Revenues & Volume, By Plantations and Estates, 2021- 2031F |
6.2.4 Latvia Paraquat Market Revenues & Volume, By Non-Agricultural Weed Control, 2021- 2031F |
6.2.5 Latvia Paraquat Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Paraquat Market Import-Export Trade Statistics |
7.1 Latvia Paraquat Market Export to Major Countries |
7.2 Latvia Paraquat Market Imports from Major Countries |
8 Latvia Paraquat Market Key Performance Indicators |
8.1 Adoption rate of paraquat in Latvian agriculture |
8.2 Farm productivity improvements attributed to paraquat usage |
8.3 Investment in research and development for paraquat formulations |
8.4 Environmental impact assessments related to paraquat application |
8.5 Farmer training and education programs on safe paraquat usage |
9 Latvia Paraquat Market - Opportunity Assessment |
9.1 Latvia Paraquat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Paraquat Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Paraquat Market - Competitive Landscape |
10.1 Latvia Paraquat Market Revenue Share, By Companies, 2024 |
10.2 Latvia Paraquat 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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