Spain: Herbicide Market 2025

Herbicide Market Size in Spain

In 2021, after two years of growth, there was decline in the Spanish herbicide market, when its value decreased by -2.9% to $X. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 9.9%. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Herbicide Production in Spain

In value terms, herbicide production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Herbicide Exports

Exports from Spain

Herbicide exports from Spain skyrocketed to X tons in 2021, surging by 19% against the previous year. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +84.5% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 29% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, herbicide exports expanded rapidly to $X in 2021. Overall, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -13.6% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 36% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Portugal (X tons) and Germany (X tons) were the main destinations of herbicide exports from Spain, with a combined 53% share of total exports. Israel, Algeria, Greece, Belgium, Poland, Italy and Morocco lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +119.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for herbicide exported from Spain were Germany ($X), Portugal ($X) and France ($X), together accounting for 54% of total exports. Italy, Poland, Morocco, Algeria, Greece, Belgium and Israel lagged somewhat behind, together accounting for a further 28%.

Poland, with a CAGR of +131.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average herbicide export price stood at $X per ton in 2021, declining by -8.1% against the previous year. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 14%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Israel ($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 (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Herbicide Imports

Imports into Spain

After two years of growth, purchases abroad of herbicides decreased by -7.6% to X tons in 2021. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 31%. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, herbicide imports reduced slightly to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 18% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest herbicide supplier to Spain, with a 36% share of total imports. Moreover, herbicide imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.3% per year) and Poland (+60.1% per year).

In value terms, the largest herbicide suppliers to Spain were France ($X), Belgium ($X) and Hungary ($X), with a combined 50% share of total imports. These countries were followed by Israel, Portugal, Italy, Germany, Poland, Ireland, Austria, the UK and Denmark, which together accounted for a further 44%.

Poland, with a CAGR of +53.2%, recorded the highest growth rate of 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

The average herbicide import price stood at $X per ton in 2021, growing by 4.8% against the previous year. In general, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average 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 Hungary ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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