Key Market Indicators
Korean fungicide sales are projected to drop by 1.6% annually and reach 4,550 metric tons by 2026. This follows a 2% year-on-year decline since 1995. In 2021, the UK led the market at 5,050 metric tons, with Mexico, Spain and France coming in second, third and fourth respectively. Exports of Korean fungicides are expected to grow by 2.5% annually and reach 6.6 million kilograms by 2026. This follows a 7.9% year-on-year increase since 1993. In 2021, Norway led the market at 5.6 million kilograms, followed by France, Germany and China. Finally, imports of Korean fungicides are projected to grow by 1.5% annually and reach 7.5 million kilograms by 2026. This follows a 4.1% year-on-year rise since 1993. In 2021, Bolivia overtook the market at 6.9 million kilograms, with France, Tanzania and Germany following in second, third and fourth place respectively.