The pesticides and other agrochemical products market in Sweden experienced volatility over the past decade, with notable fluctuations between 2012 and 2016. A significant growth in 2013 was followed by a slight decline in 2014, and the market saw a continuous downward trend through 2018. In subsequent years, the market stabilized with modest year-on-year variances from 2019 to 2022. The Compound Annual Growth Rate (CAGR) progressively moderated from 10.03% in 2014 to -0.14% in 2022, signaling a period of market equilibrium.
The market trends suggest a shift towards stability. The year 2023 would likely reflect continuity in this stabilization phase. Future trends to watch include regulatory changes, advancements in agrochemical technology, and shifts in agricultural practices. These factors could either consolidate the market's recovered steadiness or introduce new variability in the coming years.
How does Sweden rank in Pesticides and Other Agrochemical Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,117,200,000 | 2023 | +0.69% | +0.81% | View data |
| 2 | 2 Italy | 859,120,000 | 2023 | +0.32% | +1.21% | View data |
| 3 | 3 Poland | 742,340,000 | 2023 | +3.14% | -1.45% | View data |
| 4 | 4 Romania | 585,130,000 | 2023 | +4.99% | +4.33% | View data |
| 5 | 5 Greece | 384,920,000 | 2023 | +2.56% | +2.12% | View data |
| 9 | 9 Slovakia | 151,000,000 | 2023 | +2.11% | +3.13% | View data |
| 10 | 10 Croatia | 130,040,000 | 2023 | +2.73% | +5.44% | View data |
| 11 | 11 Sweden | 124,930,000 | 2023 | +0.49% | +1.25% | |
| 12 | 12 Latvia | 113,220,000 | 2023 | +3.07% | +3.86% | View data |
| 13 | 13 Finland | 87,157,000 | 2023 | +0.26% | -0.069% | View data |
