Key Market Indicators
Morocco's herbicide imports are expected to reach nearly 4 million kilos by 2026, up from 3.5 million in 2021, according to a year-on-year compound annual growth rate of 1.8%. Since 1998, demand for herbicides has increased by an average of 4.3% per year. In 2021, the country ranked 76th globally, slightly behind Egypt's 3.5 million kilos. Brazil, Nigeria and the United States ranked 2nd, 3rd and 4th respectively. Morocco is also set to export 24,910 kilos of herbicides by 2026, up from 20,140 kilos in 2021. This is an average year-on-year growth rate of 3.3%. Since 2000, the country's supply of herbicides has increased by 6.6% each year. In 2021, Morocco ranked 84th worldwide, just behind Armenia's 20,140 kilos. The United States, Belgium and France ranked 2nd, 3rd and 4th respectively.