Key Market Indicators
Serbian import of herbicides is expected to hit 4.3 million kilograms by 2026, up marginally from 4.2 million kilograms in 2021. Since 2010, demand has risen 8% annually. In 2021, Serbia ranked 74th, while Israel overtook it at 4.2 million kilograms. Brazil, Nigeria and the United States ranked 2nd, 3rd and 4th respectively. Meanwhile, exports of herbicides are expected to reach 1.4 million kilograms by 2026, up 3% annually since 2021. Since 2010, supply has increased 19% each year. In 2021, Serbia ranked 46th, with Lithuania ahead of it at 1.2 million kilograms. The United States, Belgium and France ranked 2nd, 3rd and 4th respectively.
