The fungicides market in Portugal experienced fluctuations between 2013 and 2023, with the market size recorded at 65.16 million Euros in 2023. Notable growth occurred in 2015 and 2020, but the trend was generally volatile, with several years of decline. Year-on-year variations spiked notably in 2016 and 2020 but fell in subsequent years. The compound annual growth rate over the last five years slightly rebounded to 0.94% by 2023.
Future trends to watch for include:
- Impact of regulatory changes on fungicide usage.
- Advancements in sustainable and organic options.
- Effects of climate change on agricultural practices.
How does Portugal rank in Fungicides Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 598,190,000 | 2023 | -1.29% | -0.48% | View data |
| 2 | 2 Poland | 300,370,000 | 2023 | +3.56% | +1.1% | View data |
| 3 | 3 Italy | 272,040,000 | 2023 | +3.85% | +3.92% | View data |
| 4 | 4 Romania | 161,050,000 | 2023 | +5.04% | +5.36% | View data |
| 5 | 5 Czech Republic | 92,645,000 | 2023 | +1.6% | +1.77% | View data |
| 6 | 6 Greece | 75,988,000 | 2023 | +1.79% | +1.17% | View data |
| 7 | 7 Denmark | 66,713,000 | 2023 | +1.62% | -2.25% | View data |
| 8 | 8 Portugal | 65,160,000 | 2023 | +0.15% | +0.94% | |
| 9 | 9 Sweden | 38,686,000 | 2023 | -1.82% | -0.12% | View data |
| 10 | 10 Ireland | 22,087,000 | 2023 | +2.19% | -0.79% | View data |