Global Herbicides Market 2019 - Key Insights

IndexBox has just published a new report, the World - Herbicides - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The global herbicides market revenue amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a strong growth from 2007 to 2017: 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. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Over the period under review, the global herbicides market reached its peak figure level at $X in 2014; however, from 2015 to 2017, consumption failed to regain its momentum.

Production 2007-2017

In 2017, approx. X tonnes of herbicides were produced worldwide; jumping by X% against the previous year.

Herbicides Exports

Exports 2007-2017

In 2017, the amount of herbicides exported worldwide stood at X tonnes, picking up by X% against the previous year. In general, herbicides exports continue to indicate a remarkable growth.

In value terms, herbicides exports stood at $X (IndexBox estimates) in 2017.

Exports by Country

China represented the key exporting countries with an export of around X tonnes, which amounted to X% of total exports. The U.S. (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Belgium (X%) and France (X%). Germany (X tonnes), India (X tonnes), Israel (X tonnes), Ireland (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to herbicides exports from China stood at +X%. At the same time, Ireland (+X%), India (+X%), Malaysia (+X%), Germany (+X%), the U.S. (+X%), France (+X%), Belgium (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Malaysia, Belgium, Germany, Ireland, France, India, the U.S. and China decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the U.S. ($X) and Germany ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of global exports. France, Belgium, India, Israel, Malaysia and Ireland lagged somewhat behind, together accounting for a further X%.

Export Prices by Country

In 2017, the average herbicides export price amounted to $X per kg, growing by X% against the previous year. Overall, the herbicides export price continues to indicate a temperate decline.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per kg), while Ireland ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

Herbicides Imports

Imports 2007-2017

In 2017, the global imports of herbicides amounted to X tonnes, growing by X% against the previous year.

In value terms, herbicides imports amounted to $X (IndexBox estimates) in 2017.

Imports by Country

In 2017, Canada (X tonnes), followed by Australia (X tonnes) and Thailand (X tonnes) were the main importers of herbicides, together committing X% of total imports. Brazil (X tonnes), Nigeria (X tonnes), Germany (X tonnes), France (X tonnes), Ukraine (X tonnes), the UK (X tonnes), Russia (X tonnes), Indonesia (X tonnes) and Argentina (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Australia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2017, together comprising X% of global imports. Brazil, Australia, Ukraine, Russia, Argentina, the UK, Thailand, Nigeria and Indonesia lagged somewhat behind, together accounting for a further X%.

Import Prices by Country

In 2017, the average herbicides import price amounted to $X per kg, jumping by X% against the previous year. In general, the herbicides import price continues to indicate a mild drop.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was France ($X per kg), while Nigeria ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform