The sales of fungicides and bactericides in France have shown considerable fluctuation over the years. Between 2013 and 2023, we observed significant year-on-year variations, with peaks in 2014 and 2018, and notable drops in 2015 and 2019. The year 2023 saw a modest increase of 0.36%, translating to a total of 30.174 million kilograms, a stabilization from previous years.
The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) indicated a slight decline of -5.03%, reflecting the market's volatile nature. Looking ahead, the forecasted data for 2024 to 2028 suggests a steady but marginal increase, with a 5-year forecasted CAGR at 0.27% and an overall 5-year growth rate of 1.36% by 2028.
Future trends to watch for include potential regulatory changes in pesticide usage, advancements in alternative pest control technologies, and shifting consumer preferences towards more sustainable agricultural practices. These factors could significantly influence the demand and sales volume of fungicides and bactericides in France.
