Insecticide sales in Norway were at 12.5 Metric Tons in 2023. The forecasted values from 2024 to 2028 show a consistent upward trend. In 2024, sales are expected to be 13.32 Metric Tons, increasing each year to reach 16.54 Metric Tons by 2028. This indicates a year-on-year growth rate of approximately 6.15% between 2024 and 2025, 5.66% between 2025 and 2026, 5.35% between 2026 and 2027, and 5.08% between 2027 and 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is estimated at around 5.56%.
Future trends to watch for include further advancements in organic and eco-friendly insecticides, stricter regulatory measures on chemical usage, and increased demand for integrated pest management solutions. These factors may significantly influence market dynamics and growth trajectory in the coming years.
