The export of insecticides from the UAE has demonstrated significant fluctuation over the past decade. The peak export volume was recorded in 2013 at 4.05 million kilograms, followed by a substantial drop in 2014 and 2015. Recovery was observed in 2017 with a notable year-on-year increase of 64.15%. However, post-2017, the yearly change has stabilized with minor fluctuations.
In 2023, the export volume stood at 3.0541 million kilograms, maintaining a consistent output since 2022. The short-term trend from 2021 to 2023 shows minimal decline, while the compound annual growth rate (CAGR) over the last two years indicates a slight negative trend at -0.23%.
Looking at the forecast from 2024 to 2028, the export volume is expected to gradually decline with a projected CAGR of -0.19%, resulting in a total drop of about 0.95% over five years. This suggests a rather stable but slightly declining trend going forward.
Future trends to watch for include potential impacts from global agricultural market changes, environmental policies, and technological advancements in pest control that could influence demand and export capabilities of the UAE's insecticides sector.
