Key Market Indicators
Belgian consumption of herbicides is expected to reach 2,300 metric tons by 2026, a slight decrease of 0.5% from 2021's 2,360 metric tons. This decrease follows an upward trend since 2016, which saw the Belgian market rise by 0.9% year-on-year. In 2021, the country was placed eighteenth, overtaken by the Netherlands at 2,360 metric tons. Argentina, Australia, and Canada respectively ranked as numbers two, three and four in this ranking. Belgian herbicide imports are projected to rise to 41 million kilograms by 2026, a 0.9% increase from 38.9 million kilograms in 2021. Since 2004, Belgian demand has decreased by 0.7% year-on-year. In 2021, the country was placed nineteenth, overtaken by Spain at 38.9 million kilograms. Brazil, Nigeria, and the United States respectively ranked as numbers two, three and four in this ranking. Belgian herbicide exports are set to reach 215.5 million kilograms by 2026, a 1.5% average increase from 195.6 million kilograms in 2021. Since 2004, Belgian supply has seen a positive growth of 2.3% year-on-year. In 2021, the country was placed third, overtaken by the United States at 195.6 million kilograms. The United States, Belgium and France respectively ranked as numbers two, three and four in this ranking.
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