The forecasted herbicides sales in the Netherlands show a slight declining trend from 2.69 thousand metric tons in 2024 to 2.64 thousand metric tons in 2028. Compared to the actual value observed in 2023, which stood at 2.70 thousand metric tons, the forecast indicates a year-on-year decrease in usage. The reduction from 2023 to 2024 is approximately -0.37%, continuing with slight declines each subsequent year. Over the last two years, a similar pattern of gradual decline has been observed. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at -0.56% per year, reflecting a steady but modest downward trend.
Future trends to watch for include advances in integrated pest management (IPM) practices, shifts towards organic farming, and regulatory changes impacting herbicide usage. Technological advancements and consumer preferences leaning towards sustainable farming practices could further dampen the demand for conventional herbicides.
