Key Market Indicators
Brunei is set to see an increase in pesticide consumption over the next five years. It’s estimated that, by 2026, the nation’s pesticide consumption will reach 26 metric tons – up from 23 metric tons in 2021. This equates to a year-on-year growth rate of 2.1%. Since 1995, the Bruneian market has seen a steady year-on-year growth of 1.8%.
Improve your Knowledge with the latest Indicators and Trends
-
Botulinum Toxin Industry: Evaluating Global Trends and Forecasted Opportunities
The global market for botulinum toxin, a neurotoxic protein primarily used in medical treatments and cosmetic enhancements, is seeing a surge in demand propelled by a number of factors. Growing awareness of its diverse applications and persistent efforts in research and development contribute significantly to the upward trajectory. Additionally, the...
Discover more insights -
Agro-Chemical Evolution: Pioneering Pesticides and Innovative Inputs in the Industry
The landscape of pesticide development has witnessed striking changes over the decades. Innovations have led to the creation of more effective, less toxically specific, and environmentally benign alternatives to traditional chemical pesticides. The shift towards green chemistry emphasizes the reduction or elimination of hazardous substances in design, manufacture, and application...
Discover more insights -
Fertilizer Industry: A Comprehensive Examination of Prevailing Trends and Opportunities
Over time, an increase in global food demand, due to exponential population growth, has understandably led to a surge in the need for fertilizers. A pivotal element for the agricultural industry, a key trend identified is the rise of organic and bio-fertilizers, reflecting environmental-focused consumer preferences. The pressing need for...
Discover more insights -
Fertilisers and Nitrogen Compounds: Navigating Dynamics of a Globally Influential Sector
The production and use of fertilisers and nitrogen compounds contribute significantly to the global agricultural sector, with a consequential impact on food security worldwide. These core components of modern agribusiness are relied upon to boost crop yields, increase farmer productivity, and ultimately, stimulate economic growth in countries with strong agricultural...
Discover more insights -
Agrochemicals: Unraveling the Prospective Growth, Trends and Market Leaders in Fertilizer Industry
Several elements are influencing the progression of the agrochemical sector. A key driver is the increasing global food demand due to an expanding population. This has necessitated enhanced agricultural productivity where agrochemicals, particularly fertilizers, play a vital role. Meanwhile, technological advancements have improved the efficiency of these chemical agents, making...
Discover more insights