At the beginning of the 2000s, the Latvian agricultural sector experienced a very aggressive influx of foreign investors into the agricultural and forestry land market.

The majority of these investors came from other EU member states, which limited Latvia's ability to implement various protectionist measures to keep agricultural and forestry land in the hands of local farms.

However, over the last decade, another trend has been increasingly observed in Eastern Europe and the Baltic states – the entry of investors from third countries into the land market.