Between 2012 and 2022, Finland's Pesticides and Other Agrochemical Products market demonstrated significant fluctuations. Starting at 75.712 million euros in 2012, the market saw robust growth, peaking at 97.832 million euros in 2016. However, a notable decline occurred in 2017, bringing the value down to 86.8 million euros. For the most recent period of 2019 to 2022, the market has shown slight but consistent growth, reaching 86.93 million euros in 2022.
The year-on-year variations reveal significant volatility, with some years experiencing double-digit growth rates while others faced declines. The Compound Annual Growth Rate (CAGR) over the last five years before 2022 stood at 0.03%, indicating a relatively stagnant market in recent years. Specifically, the market witnessed negative growth from 2017 to 2019, followed by minor improvements from 2020 to 2022.
Key future trends to watch for include:
- Sustainable agriculture practices.
- Regulatory changes impacting chemical usage.
- Technological advancements in agrochemical products.
- Market consolidation among key industry players.
How does Finland 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 |
| 11 | 11 Sweden | 124,930,000 | 2023 | +0.49% | +1.25% | View data |
| 12 | 12 Latvia | 113,220,000 | 2023 | +3.07% | +3.86% | View data |
| 13 | 13 Finland | 87,157,000 | 2023 | +0.26% | -0.069% | |
