Based on the 2024 forecast data, Mexico leads in global insecticide sales with 33.99 metric tons, though it has experienced a -2.33% decline year-on-year. Germany follows with 21.04 metric tons, showing a significant 8.37% increase from the previous year. Japan remains third at 12.42 metric tons despite a -3.5% dip. Other notable countries include Australia with 6.86 metric tons and France at 5.89 metric tons, with France experiencing a notable 6.92% rise. South Korea (3.9 metric tons) and Canada (3.61 metric tons) show year-on-year variations of -4.55% and 6.77%, respectively.
Countries like Italy, Poland, and Austria have shown substantial increases of 15.83%, 10.3%, and 13.14%. On the flip side, countries such as Belgium, Sweden, and Israel have seen declines of -7.26%, -7.25%, and -4.73% respectively. Minor changes are observed in smaller markets such as Norway at 4.39% growth and Iceland with a minimal increase.
Future trends to watch include the potential stabilization in Mexico’s market share, continued growth in European countries led by Germany and Italy, and fluctuating trends in Asian markets like Japan and South Korea. Emphasis on eco-friendly insecticides and regulatory changes could reshape market dynamics significantly.
Top countries in Insecticides Sales Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 33.99 | 2023 | +2.6% | -2.33% | View data |
| 2 | 2 Germany | 21.04 | 2023 | +5.83% | +8.37% | View data |
| 3 | 3 Japan | 12.42 | 2023 | -1.77% | -3.5% | View data |
| 4 | 4 Australia | 6.86 | 2023 | -1.74% | -1.72% | View data |
| 5 | 5 France | 5.89 | 2023 | +6.05% | +6.92% | View data |
| 6 | 6 South Korea | 3.9 | 2023 | -1.77% | -4.55% | View data |
| 7 | 7 Canada | 3.61 | 2023 | +2.74% | +6.77% | View data |
| 8 | 8 Italy | 2.99 | 2023 | +3.38% | +15.83% | View data |
| 9 | 9 Poland | 2.57 | 2023 | +24.99% | +10.3% | View data |
| 10 | 10 Austria | 2.52 | 2023 | +7.51% | +13.14% | View data |
