Agricultural machinery market in Latvia: size, suppliers and public contracts

Market size and key facts

In 2025, public buyers in Latvia awarded 13 supply contracts for agricultural machinery through award notices on TED; the 13 of them that state a value (100%) add up to €862,590.

  • Since November 2023, 26 companies have won 49 public supply contracts for agricultural machinery in Latvia, in 36 award notices from 10 public buyers.
  • 100% of these awards went to companies registered in Latvia.
  • The five companies that win most often hold 44.9% of all awards.
  • 55.1% of the awards whose notice states the number of tenders received a single bid.

In proportion

All public purchasing in Latvia — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €6.65 billion in 2025, 15.2% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending.

Source: Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), retrieved 9 November 2026.

Updated · counted daily from contract award notices on TED and Eurostat international trade data · figures as JSON · free to quote with attribution (CC BY 4.0)

How to cite: Cresques, "Agricultural machinery market in Latvia", https://cresques.com/markets/lv/160-agricultural-machinery, from TED contract award notices (© European Union) and Eurostat Comext, updated 10 November 2026. Licence: CC BY 4.0.

Winning companies
26
since November 2023
Award notices
36
on TED
Public buyers
10
hospitals, schools, agencies
Imports
—
no customs heading isolates this category

The market in numbers

Public supply contracts in Latvia: award notices published on TED from 2023-11 to 2026-11, by publication year.

Contracts awarded
49
in 36 award notices
Awarded value
€2.7M
from 100% of awards with a published value
Winning companies
26
with at least one award
Public buyers
10
hospitals, cities, agencies
Contracts awarded by year
Contracts awarded by yearNov–Dec 2023: 22Nov–Dec 20232024: 282820242025: 131320252026: 662026
Table view
Contracts awarded by year
Nov–Dec 20232
202428
202513
20266
Awarded value by year (EUR)
Awarded value by year (EUR)Nov–Dec 2023: €2.1K€2.1KNov–Dec 20232024: €1.6M€1.6M20242025: €862.6K€862.6K20252026: €238.5K€238.5K2026
Table view
Awarded value by year (EUR)
Nov–Dec 2023€2.1K
2024€1.6M
2025€862.6K
2026€238.5K
Who buys: contracts by buyer sector
  1. Universities, schools and research: 34
  2. Cities, regions and central administration: 8
  3. Armed forces and defence agencies: 5
  4. Housing and community amenities: 1
  5. Electricity utilities: 1
Table view
Who buys: contracts by buyer sector
Universities, schools and research34
Cities, regions and central administration8
Armed forces and defence agencies5
Housing and community amenities1
Electricity utilities1
Where the buyers are (NUTS 2 region)
  1. Latvija49
    LV00
    Latvija: 49
Table view
Where the buyers are (NUTS 2 region)
Latvija49
Who wins, by company size as declared in the notice
Who wins, by company size as declared in the notice: Medium-sized 6.1%, Small 32.7%, Size not stated 61.2%Medium-sized: 3 (6.1%)Small: 16 (32.7%)33%Size not stated: 30 (61.2%)61%
  • Medium-sized
  • Small
  • Size not stated
Table view
Who wins, by company size as declared in the notice
Medium-sized3 · 6.1%
Small16 · 32.7%
Size not stated30 · 61.2%
Winners registered in Latvia, by turnover (latest filed accounts)
Winners registered in Latvia, by turnover (latest filed accounts): Under €2M turnover 37.5%, €2M–10M 29.2%, €10M–50M 25%, €50M and more 8.3%Under €2M turnover: 9 (37.5%)38%€2M–10M: 7 (29.2%)29%€10M–50M: 6 (25%)25%€50M and more: 2 (8.3%)
  • Under €2M turnover
  • €2M–10M
  • €10M–50M
  • €50M and more
Table view
Winners registered in Latvia, by turnover (latest filed accounts)
Under €2M turnover9 · 37.5%
€2M–10M7 · 29.2%
€10M–50M6 · 25%
€50M and more2 · 8.3%
Where the buyers are (city)
  1. Priekuļi18
    Priekuļi: 18
  2. Rīga16
    Rīga: 16
  3. Dobele10
    Dobele: 10
  4. Jelgava2
    Jelgava: 2
  5. Carnikava, Carnikavas pagasts1
    Carnikava, Carnikavas pagasts: 1
  6. Dienvidkurzemes novads1
    Dienvidkurzemes novads: 1
  7. Jēkabpils1
    Jēkabpils: 1
Table view
Where the buyers are (city)
Priekuļi18
Rīga16
Dobele10
Jelgava2
Carnikava, Carnikavas pagasts1
Dienvidkurzemes novads1
Jēkabpils1

24 of 26 winning companies registered in Latvia have annual accounts in the open business registers; bands follow the EU SME turnover thresholds.

Awards to companies registered in Latvia

100%

Awards to companies registered in Latvia: 100%

0 awards went to companies registered elsewhere.

Share of the 5 biggest winners

44.9%

Share of the 5 biggest winners: 44.9%

Of all awards; a high share means a concentrated market.

Lots with a single bid

55.1%

Lots with a single bid: 55.1%

Among 49 awards whose notice states the number of tenders.

How we count: one award per procedure, lot and winning company, from live contract award notices; a joint procurement counts on every buyer's market. Values are the awarded amounts published in the notice (framework ceilings and estimates are never added), converted to euro at the ECB yearly average. Company size is the SME flag of the notice (eForms BT-165). Read the methodology.

The same category across Europe: all 30 countries compared →

Among the companies that win most often

  1. Sabiedrība ar ierobežotu atbildību "Stokker"18 public contracts in total
  2. Sabiedrība ar ierobežotu atbildību "Agritech"10 public contracts in total
  3. Akciju sabiedrība "FERRUS"17 public contracts in total

Where this industry meets in Latvia

All trade fairs and congresses of this industry →

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Which of these 26 companies could distribute your product?

A Cresques market map of Latvia for this category shows the companies that win these contracts: how often, for how many buyers and for how much, and whether the leading ones are distributors or manufacturers.

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Questions

Who wins public contracts for agricultural machinery in Latvia?
26 companies won 36 contract award notices for these categories from 10 public buyers in Latvia since November 2023. The companies that win most often are Sabiedrība ar ierobežotu atbildību "Stokker", Sabiedrība ar ierobežotu atbildību "Agritech", Akciju sabiedrība "FERRUS".
How big is the agricultural machinery market in Latvia?
In 2025, public buyers in Latvia awarded 13 supply contracts for agricultural machinery through award notices on TED; the 13 of them that state a value (100%) add up to €862,590.
Where do suppliers of agricultural machinery meet buyers and distributors in Latvia?
At trade fairs and congresses such as CroAGRO, Agra, GreenTech Amsterdam, demopark, AGRA, Agrokomplex — each checked on the organiser's official website.
How do I find a distributor for agricultural machinery in Latvia?
Create a free Cresques account and open the market map for Latvia and this category. It shows the companies that win public contracts there, how often, for how many buyers and for how much: the first 5 on the Free plan, every company on a paid plan. Where the data exists, the map also shows wholesalers from the business register, import figures and the industry's trade fairs.

Sources: contract award notices on TED — Tenders Electronic Daily (ted.europa.eu), © European Union, published since November 2023, processed by Cresques (one award per procedure and lot); no import figure: Eurostat's customs headings do not isolate this category.