Italy: Herbicide Market 2025

Herbicide Market Size in Italy

The Italian herbicide market reduced sharply to $X in 2021, falling by -29.6% against the previous year. Overall, consumption recorded a perceptible contraction. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Herbicide Production in Italy

In value terms, herbicide production contracted notably to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of 59%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Herbicide Exports

Exports from Italy

After six years of decline, shipments abroad of herbicides increased by 12% to X tons in 2021. Overall, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of 12% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, herbicide exports skyrocketed to $X in 2021. In general, exports, however, saw a noticeable slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for herbicide exports from Italy, accounting for a 23% share of total exports. Moreover, herbicide exports to France exceeded the volume sent to the second major destination, the UK (X tons), twofold. Brazil (X tons) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-0.7% per year) and Brazil (+15.5% per year).

In value terms, France ($X) remains the key foreign market for herbicides exports from Italy, comprising 23% of total exports. The second position in the ranking was held by Denmark ($X), with an 11% share of total exports. It was followed by Spain, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to France totaled -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+10.3% per year) and Spain (-3.5% per year).

Export Prices by Country

In 2021, the average herbicide export price amounted to $X per ton, rising by 11% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, herbicide export price decreased by -1.7% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 53%. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Argentina ($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 Poland (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Herbicide Imports

Imports into Italy

In 2021, the amount of herbicides imported into Italy fell to X tons, with a decrease of -7.3% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 8.4%. Over the period under review, imports attained the peak figure at X tons in 2020, and then reduced in the following year.

In value terms, herbicide imports expanded significantly to $X in 2021. Overall, imports continue to indicate a pronounced descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), France (X tons) and Ireland (X tons) were the main suppliers of herbicide imports to Italy, together comprising 53% of total imports. Germany, Poland, Hungary, Austria, Spain, Israel and Denmark lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +59.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Hungary ($X) were the largest herbicide suppliers to Italy, together accounting for 63% of total imports. Belgium, Israel, Austria, Poland, Ireland, Spain and Denmark lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, Poland, with a CAGR of +43.6%, recorded 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 average herbicide import price amounted to $X per ton, rising by 17% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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