World - Pesticides - Market Analysis, Forecast, Size, Trends and Insights

Global Pesticide Market Overview 2019

Pesticide Market Size

The global pesticide market revenue amounted to $X in 2017, going up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the global pesticide market reached its maximum level in 2017, and is likely to see steady growth in the immediate term.

Pesticide Production

In 2017, the amount of pesticides produced worldwide stood at X tonnes, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the global pesticide production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Pesticide Exports

Exports 2007-2017

In 2017, the amount of pesticides exported worldwide totaled X tonnes, jumping by X% against the previous year. Overall, the total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pesticide exports increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2008, when exports increased by X% year-to-year. Global exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, pesticide exports totaled $X in 2017. Overall, the total exports 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 throughout the analyzed period. Global exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Exports by Country

China was the key exporting countries with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by the U.S. (X tonnes), France (X tonnes), Germany (X tonnes), Belgium (X tonnes) and India (X tonnes), together creating X% share of total exports. The following exporters - Spain (X tonnes), the UK (X tonnes), Israel (X tonnes), Switzerland (X tonnes), Argentina (X tonnes) and the Netherlands (X tonnes) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to pesticide exports from China stood at +X%. At the same time, India (+X%), Spain (+X%), France (+X%), Belgium (+X%), the U.S. (+X%), Israel (+X%), Germany (+X%), the UK (+X%), Switzerland (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Argentina experienced a relatively flat trend pattern. Germany (-X%), Belgium (-X%), the U.S. (-X%), France (-X%), India (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

India (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average pesticide export price stood at $X per kg in 2017, coming up by X% against the previous year. In general, pesticide export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. In that year, the average export prices for pesticides attained their peak level of $X per kg. From 2009 to 2017, growth of the average export prices for pesticides failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per kg), while China ($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 Israel (+X% per year), while the other global leaders experienced more modest paces of growth.

Pesticide Imports

Imports 2007-2017

In 2017, the amount of pesticides imported worldwide amounted to X tonnes, jumping by X% against the previous year. In general, the total imports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pesticide imports increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the global pesticide imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, pesticide imports amounted to $X in 2017. In general, the total imports indicated a remarkable increase 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 throughout the analyzed period. Global imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Imports by Country

The imports of the twelve major importers of pesticides, namely Canada, Brazil, Germany, France, Australia, Thailand, Belgium, Nigeria, the U.S., the UK, Indonesia and Russia, represented more than third of total import.

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

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

Among the main importing countries, Nigeria (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average pesticide import price stood at $X per kg in 2017, leveling off at the previous year. Overall, pesticide import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. In that year, the average import prices for pesticides reached their peak level of $X per kg. From 2009 to 2017, growth of the average import prices for pesticides stood at a somewhat lower level.

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