The import of fungicides to India in 2024 stands at 193.42 million USD. Forecasted values for upcoming years show a steady increase: 2025 at 200.85 million USD, 2026 at 208.13 million USD, 2027 at 215.27 million USD, and 2028 at 222.26 million USD. Comparatively, the import value saw a year-on-year increase of approximately 3.8% from 2024 to 2025 and around 3.6% from 2025 to 2026. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 stands at around 3.5%.
Future trends to watch for include potential impacts from regulatory changes, advancements in domestic production of fungicides, and shifts in agricultural practices towards more sustainable and eco-friendly fungicide options. Continuous monitoring of global supply chain dynamics and technological innovations in fungicide formulations will also be essential for anticipating future import patterns.
