Key Market Indicators
Consumption of herbicides in Latvia is set to reach 1,070 metric tons by 2026, up from 998 metric tons in 2021. This is a growth of 1.2% year on year. Since 2016, the Latvian market has risen by 0.2%. In 2021, Latvia was ranked 30th, overtaken by Finland at 997.78 metric tons. Argentina, Australia and Canada were ranked 2nd, 3rd and 4th respectively. Latvia's herbicide imports are set to reach 2.9 million kilograms by 2026, up from 2.7 million kilograms in 2021. This is a growth of 1.1% year on year. Since 1999, Latvian demand has fallen by 1.7%. In 2021, the country was ranked 79th, overtaken by Benin at 2.7 million kilograms. Brazil, Nigeria and the United States were ranked 2nd, 3rd and 4th respectively. Latvia's exports of herbicides are set to reach 191,050 kilograms by 2026, up from 163,660 kilograms in 2021. This is a growth of 2.4% year on year. Since 1999, Latvian supply has increased by 11.6%. In 2021, the country was ranked 70th, overtaken by Estonia at 163,660 kilograms. The United States, Belgium and France were ranked 2nd, 3rd and 4th respectively.
