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 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008, with an increase of X% year-to-year. Global pesticide consumption peaked in 2018, and is likely to see steady growth in the immediate term.

Pesticide Production

In value terms, pesticide production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008, when the output figure increased by X% year-to-year. Over the period under review, global pesticide production attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Pesticide Exports

Exports 2007-2018

In 2018, the global pesticide exports amounted to X tonnes, reducing by -X% against the previous year. In general, the total exports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when exports increased by X% year-to-year. Global exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, pesticide exports amounted to $X in 2018. In general, the total exports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the pesticide exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008, when exports increased by X% against the previous year. Over the period under review, global pesticide exports reached their maximum at $X in 2014; afterwards, it flattened through to 2018.

Exports by Country

In 2018, China (X tonnes), distantly followed by the U.S. (X tonnes), India (X tonnes), Germany (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main exporters of pesticides, together comprising X% of total exports. The UK (X tonnes), Spain (X tonnes), Switzerland (X tonnes), Malaysia (X tonnes), Argentina (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to pesticide exports from China stood at +X%. At the same time, India (+X%), Malaysia (+X%), Spain (+X%), Belgium (+X%), Germany (+X%), the U.S. (+X%), the UK (+X%), France (+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 2007-2018. Argentina experienced a relatively flat trend pattern. Malaysia (-X%), the U.S. (-X%), Belgium (-X%), Germany (-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 ($X), the U.S. ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of global exports. These countries were followed by France, India, Belgium, the UK, Spain, Switzerland, the Netherlands, Argentina and Malaysia, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average pesticide export price stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the pesticide export price continues to indicate a modest expansion. The growth pace was the most rapid in 2018, when the average export price increased by X% against the previous year. Global export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was France ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by China, while the other global leaders experienced more modest paces of growth.

Pesticide Imports

Imports 2007-2018

In 2018, the global imports of pesticides amounted to X tonnes, shrinking by -X% against the previous year. Overall, the total imports indicated a strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the pesticide imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Global imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, pesticide imports totaled $X in 2018. Overall, the total imports indicated a strong growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the pesticide imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. Over the period under review, global pesticide imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Canada (X tonnes), Brazil (X tonnes), Germany (X tonnes), France (X tonnes), the U.S. (X tonnes), Thailand (X tonnes), Belgium (X tonnes), the UK (X tonnes), Nigeria (X tonnes), Australia (X tonnes), India (X tonnes) and Italy (X tonnes) were the largest importers of pesticides in the world, mixing up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria, while the other global leaders experienced more modest paces of growth.

In value terms, Brazil ($X), France ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of global imports. Canada, the U.S., the UK, India, Italy, Belgium, Australia, Thailand and Nigeria lagged somewhat behind, together comprising a further X the main importing countries, Nigeria recorded the highest growth rate of imports, over the last eleven years, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average pesticide import price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period under review, the pesticide import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% against the previous year. In that year, the average import prices for pesticides reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for pesticides failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was France ($X per tonne), while Nigeria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform