In 2023, the actual sales of insect growth regulators in France stood at 350 kilograms. Based on forecasted data, a consistent year-on-year decrease is observed starting from 2024, with values of 315 kilograms in 2024, 283 kilograms in 2025, 251 kilograms in 2026, 219 kilograms in 2027, and down to 188 kilograms in 2028.
The year-on-year variation highlights a negative trend:
- 2024: -10% from 2023
- 2025: -10.2% from 2024
- 2026: -11.3% from 2025
- 2027: -12.7% from 2026
- 2028: -13.7% from 2027
The compound annual growth rate (CAGR) for the period 2024 to 2028 is approximately -13.4%, indicating a substantial decline in sales volume on average each year.
Future trends to watch for include potential changes in regulatory policies, advancements in alternative pest control methods, and shifts in agricultural practices. Monitoring these factors will be crucial in understanding the continued market dynamics for insect growth regulators in France.
