The Polish market for pesticides and other agrochemical products has seen a fluctuating trend over the past decade. Starting from a value of 649.23 million Euros in 2012, the market climbed steadily to 841.1 million Euros by 2019. However, in the following years, the sector faced declines, with the value dropping to 696.42 million Euros in 2021. By 2022, the market showed a slight recovery with an increase to 727.07 million Euros. The Compound Annual Growth Rate (CAGR) over the last five years stands at -0.69%, indicating a slight overall decline over this period.
Key trends include:
- High growth in 2013 and 2014, with year-on-year increases of 10.43% and 14.53%, respectively.
- A plateau effect noticed in 2015 and 2016 with minimal growth.
- Significant declines in 2017 and 2021 with a recovery trend noticed in 2019 and 2022.
Future trends to watch for include potential impacts from environmental regulations, technological advancements in pesticide formulations, and growing focus on sustainable and organic farming practices. These factors could shape the market dynamics, offering both challenges and opportunities for growth in the sector.
How does Poland 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% | |
| 4 | 4 Romania | 585,130,000 | 2023 | +4.99% | +4.33% | View data |
| 5 | 5 Greece | 384,920,000 | 2023 | +2.56% | +2.12% | View data |
