The inorganic fungicides market in Turkey has shown a fluctuating trend from 2017 to 2023. The highest volume was recorded in 2017, and there has been a generally declining trend with some fluctuations. For instance, the market decreased significantly in 2018 and 2019, followed by a slight recovery from 2020 to 2021, and then a decline again in 2022 and 2023. In 2023, the volume stood at 7.9866 million kilograms.
Year-on-year variations reveal a mixed trajectory with positive growth in 2020 and 2021, followed by negative growth in 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) reflects an average yearly decline of around -5.48%.
Looking towards the future, the forecast indicates a continuous decline in the volume of inorganic fungicides up to 2028. Key trends to watch for include advancements in organic fungicides and alternative pest control methods that may further impact the demand for inorganic fungicides.
