Europe: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Europe

After two years of growth, the Europe fungicide and bactericide market decreased by -9.4% to $X in 2021. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X, and then fell in the following year.

Fungicide And Bactericide Production in Europe

In value terms, fungicide and bactericide production reduced dramatically to $X in 2021 estimated in export price. Overall, production recorded a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Fungicide And Bactericide Exports

Exports in Europe

In 2021, approx. X tons of fungicides, bactericides and seed treatments were exported in Europe; picking up by 3.5% on the previous year. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 12% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, fungicide and bactericide exports expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 11%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) and Germany (X tons) represented roughly 47% of total exports in 2021. It was distantly followed by Spain (X tons), the UK (X tons), the Netherlands (X tons) and Italy (X tons), together generating a 33% share of total exports. Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +8.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fungicide and bactericide supplying countries in Europe were France ($X), Germany ($X) and Spain ($X), with a combined 61% share of total exports. The UK, Italy, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 23%.

Among the main exporting countries, Italy, with a CAGR of +4.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, picking up by 2.6% against the previous year. In general, the export price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2013 when the export price increased by 6.2% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the other leaders experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports in Europe

In 2021, supplies from abroad of fungicides, bactericides and seed treatments increased by 5.3% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 11% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, fungicide and bactericide imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 10% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X tons), Italy (X tons), Germany (X tons), Spain (X tons), Poland (X tons), Ukraine (X tons), Belgium (X tons), Russia (X tons) and the Netherlands (X tons) represented the main importer of fungicides, bactericides and seed treatments in Europe, committing 70% of total import. The following importers - the UK (X tons), Portugal (X tons), Greece (X tons) and Romania (X tons) - each resulted at an 11% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +10.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Ukraine ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 33% of total imports. Poland, Spain, Russia, Italy, the Netherlands, Belgium, Romania, the UK, Greece and Portugal lagged somewhat behind, together accounting for a further 46%.

Among the main importing countries, Russia, with a CAGR of +10.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 9.6%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform