From 2012 to 2014, Finland's fungicides market witnessed significant growth, with a peak value of 24.845 million euros in 2013. However, a downward trend ensued from 2015 onwards, stabilizing around 19.794 million euros in 2022. Year-on-year variations reflect this decline, especially between 2018 and 2022, with consistently negative growth rates. The Compound Annual Growth Rate (CAGR) over the last five years stands at approximately -1.57%, indicating a moderate and consistent market contraction.
Future trends to watch for include the impact of stricter environmental regulations, potential innovations in sustainable fungicide alternatives, and fluctuations in agricultural practices which could influence market dynamics.
How does Finland rank in Fungicides Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 598,190,000 | 2023 | -1.29% | -0.48% | View data |
| 2 | 2 Poland | 300,370,000 | 2023 | +3.56% | +1.1% | View data |
| 3 | 3 Italy | 272,040,000 | 2023 | +3.85% | +3.92% | View data |
| 4 | 4 Romania | 161,050,000 | 2023 | +5.04% | +5.36% | View data |
| 5 | 5 Czech Republic | 92,645,000 | 2023 | +1.6% | +1.77% | View data |
| 9 | 9 Sweden | 38,686,000 | 2023 | -1.82% | -0.12% | View data |
| 10 | 10 Ireland | 22,087,000 | 2023 | +2.19% | -0.79% | View data |
| 11 | 11 Finland | 19,714,000 | 2023 | -0.4% | +0.28% | |
| 12 | 12 Estonia | 18,748,000 | 2023 | +5.36% | +4.79% | View data |
