In 2023, China led the global export market for herbicides, anti-sprouting products, and plant-growth regulators, holding nearly half the market share at 49.36%. The United States followed distantly with 8.87%, and Belgium at 7.63%. Noteworthy year-on-year growth was seen in countries like Ireland at 8.19% and Greece at 10.18%, whereas Argentina experienced a significant decline of 6.32%. Several European nations, including Austria and Slovenia, showed robust growth above 5%. The Netherlands faced a dramatic drop of 17.09%.
Future trends to watch include the United Arab Emirates with a remarkable surge of 58.2%, indicating potential market influence. Other countries like Saudi Arabia, Senegal, and Zambia are expected to show significant future growth based on recent trends. Monitoring these countries' activities could provide insights into emerging market players and strategic shifts in global trade dynamics.
Top countries in Export of Herbicides, Anti-Sprouting Products and Plant-Growth Regulators Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 49.36 | 2023 | +3.73% | +5.08% | View data |
| 2 | 2 United States | 8.87 | 2023 | +1.55% | +3.04% | View data |
| 3 | 3 Belgium | 7.63 | 2023 | +2.04% | +2.85% | View data |
| 4 | 4 India | 4.9 | 2023 | +4.83% | +5.3% | View data |
| 5 | 5 France | 4.7 | 2023 | +0.57% | +2.67% | View data |
| 6 | 6 Germany | 3.49 | 2023 | +1.18% | +2.74% | View data |
| 7 | 7 Malaysia | 3.09 | 2023 | +3.25% | +3.36% | View data |
| 8 | 8 Israel | 2.28 | 2023 | -0.43% | +0.58% | View data |
| 9 | 9 Ireland | 2.21 | 2023 | +4.64% | +8.19% | View data |
| 10 | 10 United Kingdom | 1.49 | 2023 | +0.5% | -1.24% | View data |