Global Pesticide Market 2024

Pesticide Market Size

The global pesticide market expanded sharply to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the maximum level in 2022 and is likely to see steady growth in the immediate term.

Pesticide Production

In value terms, pesticide production expanded to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pesticide Exports

Exports

In 2022, global pesticide exports totaled X tons, standing approx. at 2021 figures. Overall, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, pesticide exports expanded markedly to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X tons) was the major exporter of pesticides, making up X% of total exports. India (X tons) took the second position in the ranking, followed by Germany (X tons), the United States (X tons), Belgium (X tons) and France (X tons). All these countries together held near X% share of total exports. Spain (X tons), the UK (X tons), the Netherlands (X tons), Israel (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pesticide exports from China stood at X%. At the same time, India (X%), Spain (X%), Israel (X%), Italy (X%), Belgium (X%), the Netherlands (X%), Germany (X%) and the United States (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The UK and France experienced a relatively flat trend pattern. While the share of China (X p.p.) and India (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the UK (X p.p.), Germany (X p.p.), the United States (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pesticide supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by India ($X), with an X% share of global exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average pesticide export price amounted to $X per ton, surging by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The global export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Pesticide Imports

Imports

In 2022, the amount of pesticides imported worldwide totaled X tons, approximately reflecting the previous year's figure. In general, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, pesticide imports totaled $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons), followed by France (X tons), the United States (X tons), Canada (X tons), Australia (X tons), Germany (X tons), Belgium (X tons), Thailand (X tons), Nigeria (X tons), India (X tons), Italy (X tons), Russia (X tons) and Poland (X tons) represented the largest importers of pesticides, together making up X% of total imports. France (X tons), the United States (X tons), Canada (X tons), Australia (X tons), Germany (X tons), Belgium (X tons), Thailand (X tons), Nigeria (X tons), India (X tons), Italy (X tons), Russia (X tons) and Poland (X tons) held a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the pesticides imports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%), the United States (X%), Australia (X%), Belgium (X%), Russia (X%), Nigeria (X%), Poland (X%), Italy (X%), France (X%), Canada (X%) and Germany (X%) displayed positive paces of growth. Thailand experienced a relatively flat trend pattern. Brazil (X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported pesticides worldwide, comprising X% of global imports. The second position in the ranking was taken by France ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average pesticide import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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