The sales of Nitroguanidine insecticides in Turkey, measured in Thousand Kilograms, have shown fluctuating yet overall positive growth from 2017 to 2023. Notably, the value in 2023 stood at 437.88 Thousand Kilograms. Key variation points include significant growth rates of 36.66% in 2018 and 42.01% in 2021, contrasted by a notable dip of -27.17% in 2019. Recent trends indicate stable growth, with a 9.61% increase in 2022 and 10.6% in 2023.
Future forecasts from 2024 towards 2028 project a sustained average annual growth (CAGR) of 6%, leading to an estimated volume of 641.57 Thousand Kilograms by 2028, representing a 33.82% growth over this period.
Future trends to watch for:
- Advancements in pest control technologies.
- Regulatory changes affecting chemical usage.
- Shifts in agricultural practices and crop choices.
- Environmental impact and sustainability considerations.
