The import of insecticides to the UAE showed a general declining trend from 2013 onwards. In 2013, the value stood at USD 21.569 million and experienced significant fluctuations over subsequent years. By 2023, imports declined to USD 11.67 million, demonstrating a consistent decrease, particularly sharp from 2014 to 2016 and more gradual in recent years. The average year-on-year decline over the last two years was approximately 3.6%, while the five-year CAGR indicated an average annual decrease of about 4.46%. Looking ahead, from 2024 to 2028, forecasts suggest the import value will continue to decline at a CAGR of 3.45%, reaching USD 9.391 million by 2028.
Future trends to watch:
- Changes in agricultural practices and pest management technologies in the UAE could alter the demand for insecticides.
- Government regulations and environmental policies may impact insecticide import volumes.
- Market demand shifts, possibly due to consumer preferences for organic produce, could further influence the import trend.