The Pesticides and Other Agrochemical Products Market in Latvia reached a value of 113.22 million euros in 2023. The market has shown a steady growth trajectory from 2013 to 2023, with a CAGR of 3.86% over the last five years. Although there were fluctuations in certain years, the general trend has been upward. In recent years, from 2021 to 2023, the market maintained moderate growth, with year-on-year varitions in the range of 3% to 3.41%.
Looking towards the future, key trends to watch include the impact of sustainable agricultural practices on chemical usage, potential regulatory changes, and technological advancements in agrochemicals. Additionally, shifts in market demand due to economic and environmental factors may influence growth patterns.
How does Latvia rank in Pesticides and Other Agrochemical Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,117,200,000 | 2023 | +0.69% | +0.81% | View data |
| 2 | 2 Italy | 859,120,000 | 2023 | +0.32% | +1.21% | View data |
| 3 | 3 Poland | 742,340,000 | 2023 | +3.14% | -1.45% | View data |
| 4 | 4 Romania | 585,130,000 | 2023 | +4.99% | +4.33% | View data |
| 5 | 5 Greece | 384,920,000 | 2023 | +2.56% | +2.12% | View data |
| 10 | 10 Croatia | 130,040,000 | 2023 | +2.73% | +5.44% | View data |
| 11 | 11 Sweden | 124,930,000 | 2023 | +0.49% | +1.25% | View data |
| 12 | 12 Latvia | 113,220,000 | 2023 | +3.07% | +3.86% | |
| 13 | 13 Finland | 87,157,000 | 2023 | +0.26% | -0.069% | View data |
