Eastern Europe: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Eastern Europe

In 2022, the East European fungicide and bactericide market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. The total consumption indicated strong growth 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, consumption increased by X% against 2012 indices. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Fungicide And Bactericide Production in Eastern Europe

In value terms, fungicide and bactericide production rose modestly to $X in 2022 estimated in export price. The total production indicated a perceptible 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 growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fungicide And Bactericide Exports

Exports in Eastern Europe

In 2022, shipments abroad of fungicides, bactericides and seed treatments decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, fungicide and bactericide exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Hungary (X tons) and Poland (X tons) were the largest exporters of fungicides, bactericides and seed treatments in 2022, accounting for approx. X% and X% of total exports, respectively. Romania (X tons) took the next position in the ranking, followed by Bulgaria (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total exports. Russia (X tons) and Belarus (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Fungicide And Bactericide Imports

Imports in Eastern Europe

After two years of growth, supplies from abroad of fungicides, bactericides and seed treatments decreased by X% to X tons in 2022. Total imports indicated prominent 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. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, fungicide and bactericide imports shrank to $X in 2022. Total imports 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, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted slightly in the following year.

Imports by Country

Poland (X tons), Russia (X tons), Ukraine (X tons), Romania (X tons) and Hungary (X tons) represented roughly X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), mixing up a X% share of total imports. Bulgaria (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Ukraine ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Ukraine ($X per ton) and the Czech Republic ($X per ton), while Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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