Forecast: Phthalimide fungicides Sales in the Netherlands

The sales data for phthalimide fungicides in the Netherlands shows a general declining trend from 2013 to 2023. Values peaked in 2014 at 845.13 thousand kilograms before entering a period of sharp decline, notably dropping by 31% in 2015. Despite some fluctuations—with a significant increase of 26.17% in 2021—sales continued to fall, reaching 407.47 thousand kilograms in 2023.

Key variations observed are:

● 2016: -8.99% year-on-year

● 2017: 2.4% year-on-year

● 2018: -4.15% year-on-year

● 2019: -4.88% year-on-year

● 2020: 0.76% year-on-year

● 2021: 26.17% year-on-year

● 2022: -30.77% year-on-year

● 2023: -6.55% year-on-year

The Compound Annual Growth Rate (CAGR) over the last five years was -4.79%, highlighting a consistent downward trend. Forecast data predict continuing declines, with a projected total decrease of 29.06% by 2028, leading to a five-year forecast CAGR of -6.64%.

Future trends to watch for:

● Advances in alternative fungicides or pest control technologies that may further reduce demand for phthalimide fungicides.

● Policy changes and environmental regulations in the Netherlands that could influence fungicide usage.

● Emerging crop diseases or resistance patterns that could temporarily boost demand for specific fungicides.

Top Countries about Pesticide