Key Market Indicators
Vietnamese pesticide consumption is predicted to reach 19,000 metric tons by 2026, a drop of 0.1% year-on-year, on average. Since 1995, the Vietnamese market has declined by 0.1% each year. Vietnam was ranked 25th in 2021, with Myanmar taking the lead with 19,090 metric tons. The United States, Brazil and Argentina came in second, third and fourth place in the ranking. Vietnamese pesticide imports are expected to reach 4.75 metric tons by 2026, a decrease of 3.5% year-on-year, on average. Since 2007, Vietnamese demand has dropped by 23% year-on-year. Vietnam was ranked 33rd in 2021, with Armenia taking the lead with 5.83 metric tons. Thailand, Germany and Taiwan came in second, third and fourth place in the ranking.