Key Market Indicators
Consumption of herbicides in Cyprus is set to reach 170 metric tons by 2026, an increase of 0.5% from 166 metric tons in 2021. Between 2016 and 2021, the Cypriot market saw an increase of 1.1% each year. In 2021, Cyprus ranked 36th for herbicide consumption, with Slovenia coming in ahead with 166 metric tons. The top three countries for herbicide consumption in 2021 were Argentina, Australia, and Canada. Exports of herbicides from Cyprus are projected to reach 409,000 kilograms by 2026, a 4.1% increase from 315,000 kilograms in 2021. Since 1994, Cypriot exports have risen by 86.4% year-on-year. In 2021, Cyprus ranked 56th for herbicide exports, with Ivory Coast ahead at 315,000 kilograms. The top three countries for herbicide exports in 2021 were the United States, Belgium, and France. Imports of herbicides to Cyprus are expected to reach 863,000 kilograms by 2026, a 2.4% increase from 743,000 kilograms in 2021. Since 1994, Cypriot imports have grown by 15.7% year-on-year. In 2021, Cyprus ranked 106th for herbicide imports, with Swaziland ahead at 743,000 kilograms. The top three countries for herbicide imports in 2021 were Brazil, Nigeria, and the United States.