Agricultural pesticide sales in Germany have shown varied trends from 2013 to 2023. Sales increased from 43.53 thousand metric tons in 2013 to 51.36 thousand metric tons in 2023, indicating overall growth despite intermittent dips.
Key highlights over the period include:
- Significant dips in sales occurred in 2014-2016 and 2018, contrasting with notable rebounds like the 6.18% increase in 2020.
- From 2022 to 2023, sales grew by 1.37%, reflecting a more stable yet moderate increase.
- The average annual growth rate (CAGR) over the last five years stands at 2.7%.
Forecast data from 2024 to 2028 predicts a continued but slower growth rate of around 1.01% CAGR, adding up to a total increase of 5.14% by 2028.
Future trends to watch for include:
- Adoption of environmentally friendly farming practices which may affect traditional pesticide sales.
- Impact of regulatory changes within the EU targeting pesticide use.
- Technological advancements in agricultural chemicals potentially leading to more efficient usage.
