India: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in India

The Indian fungicide and bactericide market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated noticeable 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fungicide And Bactericide Production in India

In value terms, fungicide and bactericide production rose to $X in 2022 estimated in export price. In general, the total production 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Fungicide and bactericide production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fungicide And Bactericide Exports

Exports from India

For the third year in a row, India recorded growth in overseas shipments of fungicides, bactericides and seed treatments, which increased by X% to X tons in 2022. In general, exports saw a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, fungicide and bactericide exports soared to $X in 2022. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil (X tons), Bangladesh (X tons) and Colombia (X tons) were the main destinations of fungicide and bactericide exports from India, together comprising X% of total exports. The United States, the United Arab Emirates, Costa Rica, Indonesia, China, the Philippines, Australia, France, South Africa and Vietnam lagged somewhat behind, together accounting for a further X%.

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

In value terms, Brazil ($X), the United States ($X) and Colombia ($X) were the largest markets for fungicide and bactericide exported from India worldwide, together accounting for X% of total exports. Bangladesh, Costa Rica, Indonesia, China, Vietnam, the Philippines, Australia, France, South Africa and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fungicide and bactericide export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. 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 for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fungicide And Bactericide Imports

Imports into India

For the fourth consecutive year, India recorded growth in overseas purchases of fungicides, bactericides and seed treatments, which increased by X% to X tons in 2022. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, fungicide and bactericide imports skyrocketed to $X in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Thailand (X tons), China (X tons) and Germany (X tons) were the main suppliers of fungicide and bactericide imports to India, with a combined X% share of total imports. Belgium, the Netherlands, the United States, Vietnam, Japan, the UK and Israel lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest fungicide and bactericide suppliers to India, together accounting for X% of total imports. The United States, the UK, Thailand, Belgium, Japan, Vietnam and Israel lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fungicide and bactericide import price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Thailand ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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