Brazil: Insecticide Market 2025

Insecticide Market Size in Brazil

In 2021, the Brazilian insecticide market increased by 6.1% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption saw a prominent expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the near future.

Insecticide Exports

Exports from Brazil

In 2021, shipments abroad of insecticides increased by 6.1% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 with an increase of 28%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, insecticide exports surged to $X in 2021. Overall, exports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2019 when exports increased by 22%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons), Paraguay (X tons) and Mexico (X tons) were the main destinations of insecticide exports from Brazil, together comprising 52% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +12.7%), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) remains the key foreign market for insecticides exports from Brazil, comprising 39% of total exports. The second position in the ranking was held by Paraguay ($X), with a 19% share of total exports. It was followed by Mexico, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-0.7% per year) and Mexico (+0.6% per year).

Export Prices by Country

In 2021, the average insecticide export price amounted to $X per ton, surging by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2014 an increase of 33% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Brazil

In 2021, supplies from abroad of insecticides increased by 6.7% to X tons, rising for the fifth consecutive year after two years of decline. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.4% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 33%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, insecticide imports expanded notably to $X in 2021. Over the period under review, imports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 52%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Argentina (X tons), India (X tons) and China (X tons) were the main suppliers of insecticide imports to Brazil, together accounting for 59% of total imports. These countries were followed by the United States, Denmark, Israel and Belgium, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest insecticide suppliers to Brazil were the United States ($X), India ($X) and Belgium ($X), together comprising 59% of total imports.

India, with a CAGR of +22.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average insecticide import price amounted to $X per ton, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2017 an increase of 18%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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