Key Market Indicators
Sales of fungicides in Hungary are projected to decline by 0.8% annually until 2026, dropping from 3,020 metric tons in 2021 to 2,870 metric tons by the end of the period. Since 2016, the Hungarian market has decreased by 4.7% per year. In 2021, Hungary was ranked 19th, overtaken by Israel with 3,020 metric tons. Mexico, Spain, and France were the top three countries in this ranking. Meanwhile, imports of fungicides to Hungary are expected to grow at a rate of 0.7% per year until 2026, rising from 10,999,000 kilograms in 2021 to 11,519,000 kilograms. Since 1997, Hungarian demand has increased by 0.3% annually. Colombia was the top importer in 2021, surpassing Hungary with 10,999,000 kilograms. France, Tanzania, and Germany were the second, third, and fourth top importers, respectively. Finally, exports of fungicides from Hungary are forecast to increase by 2.6% per year until 2026, climbing from 11,720,000 kilograms in 2021 to 13,780,000 kilograms. Since 1997, the country’s supply has grown by 4.4% annually. In 2021, Hungary ranked 15th, behind Brazil with 11,720,000 kilograms. France, Germany, and China were the top three countries in this ranking.
