Key Market Indicators
The country was number 9 in 2021, India overtook at 5,120,200 Kilograms. The United States, China and France respectively came in numbers 2, 3 and 4 in this ranking. Export of insecticides from Korea is forecast to reach 16 million kilograms by 2026. This is an average annual growth rate of 2.9% since 2021, when it was 13.3 million kilograms. Since 1993, exports have risen 11.3% per year on average. In 2021, Korea was in fifteenth place in terms of exports, with the UK overtaking at 13.3 million kilograms. India, the US and Indonesia came in second, third, and fourth place respectively. Import of insecticides to Korea is forecast to decrease by 0.7% per year to 4.9 million kilograms by 2026. Since 1993, demand has been decreasing by 1.3% per year. In 2021, Korea was in ninth place in terms of imports, with India overtaking at 5.1 million kilograms. The US, China, and France came in second, third, and fourth place respectively.
