Key Market Indicators
By 2026, Lithuanian herbicide consumption is expected to reach 900 metric tons, a 3.1% decrease from the 1,080 metric tons it consumed in 2021. Since 2016, the market has been on a 5.4% year-on-year decline. Austria consumed the most herbicides in 2021, followed by Argentina, Australia, and Canada. Lithuanian herbicide imports are forecast to reach 5.9 million kilograms in 2026, a 0.7% year-on-year growth from the 5.7 million kilograms it imported in 2021. Since 1999, Lithuanian demand has decreased by 3.3% year-on-year. South Korea was the biggest importer in 2021, followed by Brazil, Nigeria, and the United States. Lithuanian herbicide exports are expected to reach 1.2 million kilograms in 2026, a 0.9% year-on-year compound annual growth rate from the 1.2 million kilograms it exported in 2021. Since 1999, Lithuanian supply has decreased by 0.8% year-on-year. Chile was the largest exporter in 2021, followed by the United States, Belgium, and France.
