In 2023, the sales of bis-carbamate herbicides in Italy stood at 12.78 thousand kilograms. From 2024 to 2028, a continuous decline is forecasted with a year-on-year decrease: -8.1% in 2025, -8.8% in 2026, -9.6% in 2027, and -10.5% in 2028. The compound annual growth rate (CAGR) reflects an average decline of approximately 8.7% per annum over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Shifts in regulatory policies affecting herbicide usage in agriculture.
- Advancements in alternative weed management technologies.
- Increased focus on sustainable agriculture influencing herbicide demand.
- Potential economic factors affecting the purchasing power of farmers.
