The global dried pyrethrum production saw a varied performance in 2023. Rwanda led with $3.85 million, rising by 10.16% year-on-year, indicating a robust growth trajectory. Tanzania, following closely, recorded a moderate increase of 0.82%, standing at $3.51 million. Papua New Guinea achieved a small growth of 0.43%, at $1.71 million. Kenya showed a significant upsurge, with an 11.35% rise, at $0.51 million. Morocco, Tunisia, and Ecuador had marginal increases or slight declines, suggesting a stable yet unremarkable performance. The five-year CAGR paints a steady industry with minor fluctuations, highlighting Rwanda and Kenya as key growth players.
Future trends to watch include:
- Rwanda's continued strong performance could impact market leadership.
- Emerging production technologies might alter dynamics in underperforming countries.
- Shifts in global demand for natural insecticides may influence future production strategies.
Top countries in Dried Pyrethrum Gross Production by Country
| # | 7 Countries | Thousand US Dollars PPP = 2004–2006 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Rwanda | 3,850 | 2023 | +13.93% | +10.16% | View data |
| 2 | 2 Tanzania | 3,510 | 2023 | +1.77% | +0.82% | View data |
| 3 | 3 Papua New Guinea | 1,710 | 2023 | +0.71% | +0.43% | View data |
| 4 | 4 Kenya | 510 | 2023 | -15.7% | +11.35% | View data |
| 5 | 5 Morocco | 255 | 2023 | 0% | +0.079% | View data |
| 6 | 6 Tunisia | 217 | 2023 | -0.46% | -0.63% | View data |
| 7 | 7 Ecuador | 207 | 2023 | +0.49% | +0.097% | View data |