Key Market Indicators
Vietnam is set to experience a slight decrease in pesticide consumption and imports in the upcoming years. In 2021, the country was ranked 25th in pesticide consumption, with 19,090 metric tons. This is down 0.1% year-on-year since 1995. Myanmar overtook Vietnam, coming in 24th with 19,090 metric tons. The United States, Brazil and Argentina respectively ranked second, third and fourth. Vietnam's pesticide imports are also forecast to decline, from 5.83 metric tons in 2021 to 4.75 metric tons by 2026. This equates to an average rate of 3.5% year-on-year since 2007. Armenia took Vietnam's place in 2021, coming in 33rd with 5.83 metric tons. Thailand, Germany and Taiwan respectively ranked second, third and fourth.