Key Market Indicators
Sales of fungicides in Cyprus are set to hit 1,120 metric tons by 2026, compared to 938.43 metric tons in 2021. This reflects a year-on-year growth rate of 2.8%, and an increase of over 20% since 2016. Switzerland topped the ranking in 2021 with 938.43 metric tons, while Mexico, Spain and France occupied second, third and fourth place respectively. Exports of fungicides from Cyprus are predicted to reach 28,900 kilograms by 2026, a 0.5% year-on-year average increase from 27,970 kilograms in 2021. Since 1996, supply has grown 24.2%. In 2021, Tunisia held first place with 27,970 kilograms, while France, Germany and China were ranked second, third and fourth respectively. Imports of fungicides to Cyprus are forecast to decline to 246,260 kilograms by 2026, down 2.9% year on year from 293,340 kilograms in 2021. Since 1994, demand has decreased 6.9%. In 2021, Burkina Faso led the ranking with 293,340 kilograms, with France, Tanzania and Germany occupying second, third and fourth place respectively.
