Key Market Indicators
Malaysia's imports of herbicides are expected to reach 16 million kilograms by 2026, up 2.5% year-on-year. This is an increase from 13.8 million kilograms in 2021. Since 2001, Malaysian demand has grown at a rate of 1.1% year-on-year, placing Malaysia at number 39 in 2021. The Netherlands was ahead of Malaysia at 13.8 million kilograms. Brazil, Nigeria, and the United States followed as numbers 2, 3, and 4, respectively. Malaysia's exports of herbicides are predicted to reach 90 million kilograms by 2026, up 2.4% year-on-year. This is an increase from 77.2 million kilograms in 2021. Since 2002, Malaysian supply has grown at a rate of 2.5% year-on-year, placing Malaysia at number 7 in 2021. Germany overtook Malaysia at 77.2 million kilograms, followed by the United States, Belgium, and France at numbers 2, 3, and 4, respectively.