Key Market Indicators
Consumption of herbicides in Estonia is set to rise to 566 metric tons by 2026, from 525 metric tons in 2021. The average year-on-year growth rate is 1.3%. Since 2016, the country's market has decreased by 2.8%. Estonia was ranked 32nd in 2021, with Croatia coming in ahead with 525 metric tons. Argentina, Australia and Canada took the second, third and fourth spots respectively. Import of herbicides to Estonia is expected to reach 1.2 million kilograms by 2026, from 1.2 million kilograms in 2021. On average, demand is growing at a year-on-year CAGR of 0.6%. Since 2000, the country's demand has decreased by 10.6%. In 2021, Estonia was ranked 99th, with Kyrgyzstan overtaking with 1.2 million kilograms. Brazil, Nigeria and the United States were ranked second, third and fourth respectively. Exports of herbicides from Estonia are set to reach 226 thousand kilograms by 2026, from 177 thousand kilograms in 2021. The average year-on-year CAGR is 3.8%. Since 2000, the country's supply has grown by 11%. Estonia came in 68th in 2021, with the Philippines overtaking at 177 thousand kilograms. The United States, Belgium and France were ranked second, third and fourth respectively.
