Key Market Indicators
Sales of fungicides in Bulgaria are set to hit 2,250 metric tons by 2026, compared to 1,810 metric tons in 2021. This marks a 3.4% average year-on-year growth since 2017, when the Bulgarian market saw an 11.6% year-on-year increase. Austria ranks first in 2021 with 1,810 metric tons, followed by Mexico, Spain and France in second, third and fourth place respectively. Imports of fungicides in Bulgaria are projected to reach 6,608,900 kilograms by 2026, up from 5,600,100 kilograms in 2021. This equates to a 2.6% average year-on-year growth since 2001, when Bulgaria's demand increased 4.8% year-on-year. Iran currently leads in 2021 with 5,600,100 kilograms, followed by France, Tanzania and Germany in second, third and fourth place respectively. Exports of fungicides in Bulgaria are expected to reach 8,890,400 kilograms by 2026, growing from 7,649,500 kilograms in 2021. This marks a 2.4% average year-on-year growth since 2001, when Bulgaria's supply rose 5.3% year-on-year. Costa Rica overtook Bulgaria in 2021, with 7,649,500 kilograms, followed by France, Germany and China in second, third and fourth place respectively.