Key Market Indicators
Consumption of herbicides in Australia is expected to rise 4.3% annually up to 2026, reaching 166,680 metric tons compared to 129,340 metric tons in 2021. Since 1995, Australian market growth has been 24.2% year-on-year. In 2021, Australia was ranked third, behind Argentina with 129,340 metric tons. Argentina, Australia and Canada respectively ranked second, third and fourth in this ranking. Import of herbicides to Australia is set to reach 76,451,000 kilograms by 2026 from 74,695,000 kilograms in 2021, growing at a rate of 0.4% year-on-year. Since 1993, Australian demand has dropped by 12.9% year-on-year. Australia was ranked seventh in 2021, with Ukraine coming in first at 74,695,000 kilograms. Brazil, Nigeria and the United States respectively ranked second, third and fourth. Exports of herbicides from Australia is projected to reach 6,500,500 kilograms by 2026 from 6,395,000 kilograms in 2021, with a CAGR of 0.3%. Since 1993, Australian supply has decreased by 10.9% year-on-year. Australia was ranked 28th in 2021, with Costa Rica coming in first at 6,395,000 kilograms. The United States, Belgium and France respectively ranked second, third and fourth.
