The Romanian market for pesticides and agrochemical products exhibited an upward trajectory from 2013 to 2023, reaching a size of 585.13 million Euros in 2023. The year-on-year changes from 2022 to 2023 demonstrate a modest growth of 4.99%, while the market experienced an average annual growth (CAGR) of 4.33% over the last five years. Notably, the market encountered fluctuations, with notable growth in 2020 and 2022 followed by a slower increase in 2023.
Future trends to watch for:
- Adoption of sustainable and environmentally friendly agrochemical solutions.
- Technological advancements in pesticide formulation and application techniques.
- Regulatory changes impacting agrochemical product usage and development.
- Potential market expansion driven by increased agricultural activity or shifts in crop cultivation patterns.
How does Romania rank in Pesticides and Other Agrochemical Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,117,200,000 | 2023 | +0.69% | +0.81% | View data |
| 2 | 2 Italy | 859,120,000 | 2023 | +0.32% | +1.21% | View data |
| 3 | 3 Poland | 742,340,000 | 2023 | +3.14% | -1.45% | View data |
| 4 | 4 Romania | 585,130,000 | 2023 | +4.99% | +4.33% | |
| 5 | 5 Greece | 384,920,000 | 2023 | +2.56% | +2.12% | View data |
| 6 | 6 Czech Republic | 287,420,000 | 2023 | +5% | +1.91% | View data |
