The herbicides market in Sweden has shown a fluctuating pattern in sales volume from 2013 to 2023. After recording a higher volume in 2014, sales saw considerable declines in following years until 2018, registering at 1.4828 million kg. A slight recovery was observed in 2020, yet the volume witnessed significant drops, particularly in 2022 and 2023 – the latter year standing at 1.385 million kg. The compound annual growth rate over the past five years reflects a declining trend.

Future trends to watch for:

Continuing decline in sales volumes through 2028 with a forecasted 5-year CAGR of -3.45%
Potential shifts toward less chemical reliance due to environmental regulations
Growth possibilities in bio-herbicides and sustainable agricultural practices