Forecast: Organophosphates Insecticides Sales in Turkey

The sales of organophosphates insecticides in Turkey have experienced significant fluctuations over the past few years. In 2017, the volume was 1.8587 million kilograms, rising steadily to 3.4413 million kilograms by 2020. However, 2021 saw a sharp decline by 76.02%, with volumes plummeting to 0.82523 million kilograms. The market rebounded strongly in 2022 with a year-on-year increase of 333.34%, reaching 3.576 million kilograms. As of 2023, the volume stands at 3.8541 million kilograms, showing a year-on-year increase of 7.78%.

From 2024 onwards, the forecast suggests a continuous upward trend, reaching 5.2034 million kilograms by 2028. The forecasted 5-year CAGR from 2023 to 2028 is 4.73%, indicating a steady growth rate.

Future trends to watch for include potential market stabilization post-2028, technological advancements in agricultural practices, increased regulatory constraints, and evolving pest resistance patterns.

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