Forecast: Agricultural Pesticides Sales in Denmark

Sales of agricultural pesticides in Denmark have shown significant fluctuations over the past decade. Starting from a high in 2013 at 4.2 thousand metric tons, the sales saw a dramatic drop in 2014 followed by some recovery and stabilization until 2019. However, the sales peaked again in 2020 and then began a downward trend, hitting 1.79 thousand metric tons in 2023. Compared to 2022, sales dropped by 10.34% in 2023. The five-year CAGR from 2018-2023 averaged -7.54%.

Future projections indicate a continued decline, with a steep forecasted drop to 0.78825 thousand metric tons by 2028. The forecasted five-year CAGR from 2024-2028 is -13.03%, reflecting a total reduction of 50.24% in pesticides sales during this period.

Trends to watch for in the future include:

  • Changes in agricultural policies and regulations in Denmark and the EU
  • Advancements in sustainable farming practices reducing the need for pesticides
  • Innovations in pest control technologies
  • Market responses to consumer demand for organic produce
  • Impacts of climate change on pest populations and agricultural practices

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