The turnover in Sweden’s agrochemicals and pesticide sector reached 108.7 million SEK in 2023. Historical data from 2013 to 2023 show fluctuations with notable spikes in 2017 and a decline in 2019, followed by recovery phases. The year-on-year variation for 2022-2023 was 1.02%, marking a slight growth trend. Over the last two years, the sector experienced steady minimal growth, manifesting a slight increment. The last 5-year CAGR stands at 1.17%, indicating modest growth over a longer period.

Future trends to watch for include:

Sustained, albeit slow, growth forecasted with a 5-year CAGR of 0.56% from 2024 to 2028.
Potential impacts of regulatory changes, environmental policies, and technological advancements on the sector.
Shifts in global market dynamics and their influence on Sweden’s agrochemical market.