The herbicides market in Poland exhibited fluctuating trends between 2012 and 2022. The market size value experienced modest growth between 2012 and 2016, with varying annual growth rates, peaking at 370.27 million Euros in 2016. Following this, there was a notable decline, with significant drops in 2018 (-14.52%) and consistent decreases up to 2022. The compound annual growth rate (CAGR) since 2018 has been negative, reflecting an average annual decrease in market value. As of 2023, the market stands at 289.42 million Euros.
Future trends to watch for include the adoption of more sustainable agricultural practices and the impact of regulatory changes on herbicide use. Innovations in bio-herbicides and the increasing preference for organic farming may influence market dynamics moving forward.
How does Poland rank in Herbicides Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 438,120,000 | 2023 | +1.05% | +3.91% | View data |
| 2 | 2 Poland | 295,000,000 | 2023 | +0.81% | -1.01% | |
| 3 | 3 Romania | 265,050,000 | 2023 | +6.21% | +1.13% | View data |
| 4 | 4 Italy | 203,000,000 | 2023 | -9.01% | -6.52% | View data |
| 5 | 5 Bulgaria | 132,150,000 | 2023 | +3.13% | +3.05% | View data |
