Southern Asia: Fungicide And Bactericide Market 2024

Fungicide And Bactericide Market Size in Southern Asia

The South Asian fungicide and bactericide market soared to $X in 2022, growing by X% against the previous year. The total consumption indicated a prominent 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, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fungicide And Bactericide Production in Southern Asia

In value terms, fungicide and bactericide production rose slightly to $X in 2022 estimated in export price. The total production indicated resilient 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 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Fungicide And Bactericide Exports

Exports in Southern Asia

For the third consecutive year, Southern Asia recorded growth in overseas shipments of fungicides, bactericides and seed treatments, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, fungicide and bactericide exports surged to $X in 2022. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The biggest shipments were from India (X tons), together reaching X% of total export.

India was also the fastest-growing in terms of the fungicides, bactericides and seed treatments exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest fungicide and bactericide supplier in Southern Asia.

In India, fungicide and bactericide exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Fungicide And Bactericide Imports

Imports in Southern Asia

For the third consecutive year, Southern Asia recorded growth in purchases abroad of fungicides, bactericides and seed treatments, which increased by X% to X tons in 2022. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, fungicide and bactericide imports rose significantly to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Bangladesh (X tons) represented the key importer of fungicides, bactericides and seed treatments, comprising X% of total imports. It was distantly followed by India (X tons) and Pakistan (X tons), together committing a X% share of total imports. The following importers - Nepal (X tons) and Sri Lanka (X tons) - each amounted to a X% share of total imports.

Imports into Bangladesh increased at an average annual rate of X% from 2012 to 2022. At the same time, Nepal (X%), India (X%), Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India and Nepal increased by X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported fungicides, bactericides and seed treatments in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

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

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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 ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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