The forecasted export of fungicides from Indonesia shows a steady upward trend from 2024 to 2028. Starting from an estimated 3.5987 million kilograms in 2024, exports are expected to increase annually, reaching 4.1702 million kilograms by 2028. Given the actual export figure of 3.4568 million kilograms in 2023, the year-on-year variation for 2024 shows a positive growth of approximately 4.11%. Over the last two years, the export quantity has increased, continuing this upward trajectory. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be around 3.7%.
Future trends to watch for include advancements in agricultural technology that may enhance fungicide effectiveness, potentially increasing demand. Additionally, changes in global agricultural policies and emerging markets could influence export volumes. Monitoring these factors will be crucial for accurate future projections.
