Which Countries Consume the Most Pyrethrum?
Spices, Aromatic, Drug And Pharmaceutical Crops February 15, 2017
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From 2007 to 2015, the global pyrethrum market showed overall downward dynamics. A significant drop in 2009 (39% Y-o-Y) was followed by a mild recovery. Despite a healthy annual increase over the recovery period from 2010 to 2015, the market failed to achieve the pre-crisis level of 2008. In 2015, the volume stood at 11,957 tonnes. In value terms, it reached 20,333 thousand USD.
According to market research conducted by IndexBox, Switzerland (4,880 tonnes), Papua New Guinea (1,150 tonnes), Kenya (350 tonnes), and Italy (300 tonnes) were the countries with the highest demand, together comprising near 72% of global consumption.
The lowest annual growth rates of pyrethrum consumption from 2007 to 2015 were recorded in Kenya, with -32.4% growth. Therefore, Kenya significantly weakened its share in global consumption structure from 49% in 2007 to 4% in 2015.
Switzerland (588 gr/persons in 2015) and Papua New Guinea (151 gr/persons) recorded high levels of per capita consumption, which was significantly higher than the world average of 1 gr/persons. In these countries, per capita consumption decreased in 2007-2015. The annual decrease in per capita consumption from 2007 to 2015 was the most pronounced in Kenya, with -34.1% growth.
Top 5 countries consuming the most pyrethrum in 2015
Do you want to know more about the global pyrethrum market? Get the latest trends and insight from our report. It includes a wide range of statistics on
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Source: World: Pyrethrum - Market Report. Analysis And Forecast To 2025
