Key Market Indicators
Exports of herbicides from India are expected to reach 148 million kilograms by 2026, up from 119 million kilograms in 2021. That represents an annual growth rate of 3.5%. Indian exports have increased 10.1% year-on-year since 1993. In 2021, India was the fifth largest exporter, standing behind France, which exported 118.8 million kilograms. The United States, Belgium, and France were the second, third, and fourth-largest exporters respectively. Imports of herbicides to India are expected to reach 50 million kilograms by 2026, up from 39.7 million kilograms in 2021. That represents an annual growth rate of 3.6%. Indian imports have increased 9.3% year-on-year since 1993. In 2021, India was the eighteenth largest importer, standing behind Belgium which imported 39.7 million kilograms. Brazil, Nigeria, and the United States were the second, third, and fourth-largest importers respectively.
