The European market for inorganic fungicides, bactericides, and seed treatments in 2023 shows France leading with a significant share, followed by Italy and Spain. The year-on-year growth indicates that Italy is rapidly expanding its market, with a notable increase of 15.65%. In contrast, Greece, Poland, Croatia, and Lithuania experienced declines, indicating challenges within these markets. For the last five years, the compound annual growth rate (CAGR) reflects steady advances in Germany and increased interest in Portugal and Denmark as emerging players.
Future trends to watch include:
- Continued growth in Italy, driven by technological advancements and increased demand.
- Potential for market recovery in Eastern Europe, especially Greece and Poland.
- Increased competition and innovation in France, reaffirming its leadership position.
Top countries in Sold Production of Inorganic Fungicides, Bactericides and Seed Treatments Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 33.77 | 2023 | +1.86% | +2.4% | View data |
| 2 | 2 Italy | 28.19 | 2023 | +3.25% | +15.65% | View data |
| 3 | 3 Spain | 17.96 | 2023 | +4.12% | +0.0053% | View data |
| 4 | 4 Germany | 12.32 | 2023 | +3.26% | +5.46% | View data |
| 5 | 5 Portugal | 3.54 | 2023 | +2.32% | +5.7% | View data |
| 6 | 6 Greece | 0.98 | 2023 | +1.47% | -1.49% | View data |
| 7 | 7 Poland | 0.58 | 2023 | -5.49% | -5.07% | View data |
| 8 | 8 Hungary | 0.33 | 2023 | -0.8% | +0.77% | View data |
| 9 | 9 Denmark | 0.064 | 2023 | +10.45% | +3.8% | View data |
| 10 | 10 Croatia | 0.013 | 2023 | -42.84% | -14.64% | View data |