The herbicides market in Croatia showed fluctuating trends from 2013 to 2023, reaching a market size value of 43.458 million Euros in 2023. The market experienced some years of contraction, notably in 2014 and 2019, with significant growth in 2018. The year-on-year growth for 2023 was modest at 0.93%, and the overall compound annual growth rate (CAGR) over the last five years shows a slight upturn at 0.17%. This indicates a relatively stable market in recent years.
Future trends to watch for include:
- The impact of environmental regulations on herbicide formulations and sales.
- The rising adoption of sustainable agricultural practices.
- Innovations in herbicide products focusing on efficiency and ecological compatibility.
How does Croatia rank in Herbicides Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 438,120,000 | 2023 | +1.05% | +3.91% | View data |
| 2 | 2 Poland | 295,000,000 | 2023 | +0.81% | -1.01% | View data |
| 3 | 3 Romania | 265,050,000 | 2023 | +6.21% | +1.13% | View data |
| 4 | 4 Italy | 203,000,000 | 2023 | -9.01% | -6.52% | View data |
| 5 | 5 Bulgaria | 132,150,000 | 2023 | +3.13% | +3.05% | View data |
| 6 | 6 Czech Republic | 129,560,000 | 2023 | +0.9% | +1.35% | View data |
| 7 | 7 Portugal | 55,558,000 | 2023 | +1.31% | +1.67% | View data |
| 8 | 8 Croatia | 43,458,000 | 2023 | +0.93% | +0.17% | |
| 9 | 9 Finland | 38,609,000 | 2023 | -0.98% | -0.49% | View data |
