Fungicides and bactericides sales in Sweden peaked at 398.17 thousand kilograms in 2015, followed by a consistent decline through 2023, where they stood at 209.98 thousand kilograms. This represents a substantial reduction from earlier years. Although there were periodic rebounds, such as in 2020 where sales saw a 35.26% rise, the overall trend from 2013 to 2023 indicates a downward trajectory.
Year-on-year variations illustrate significant fluctuations, such as a 37.46% drop in 2016, followed by moderate changes like a -3.11% decrease in 2023 compared to 2022. The five-year CAGR leading up to 2023 was -1.16%, indicating a steady decline.
Looking ahead, the forecasted decline continues with an expected five-year CAGR of -2.7%, leading to a sales figure of 177.27 thousand kilograms by 2028—a roughly 12.81% decrease from 2023.
Future trends to watch for include advancements in agricultural practices, regulatory changes, and emerging biopesticides that could impact the usage and sales volumes of traditional fungicides and bactericides in Sweden.
