Forecast: Pesticides and Other Agrochemical Products Market Size Value in Finland

The Finnish pesticides and agrochemical products market size in value stood at 87.157 million euros in 2023. Analyzing the period between 2013 and 2023, we observed notable fluctuations. From a substantial increase of 21.89% in 2013, the market experienced more moderate year-on-year variations. Specifically, the period from 2017 to 2019 saw consecutive decreases, including a significant drop of -11.28% in 2017, followed by marginal recovery and stabilization in 2020 and beyond. A consistent yet modest upward trend has been identified from 2021 onwards, with year-on-year increases hovering around 0.26% through 2023, translating to a compound annual growth rate (CAGR) of -0.069% over the past five years.

Forecasts imply a slight growth for the following years. The market is expected to reach 88.225 million euros in 2028, with an average annual growth rate of 0.19% (CAGR), resulting in a forecasted total growth of 0.97% over the next five years.

Future trends to watch for in the Finnish pesticides and agrochemical products market include:

- Advancements in sustainable and eco-friendly agrochemicals.- Increased regulatory pressures and changes in pesticide policies.- Technological innovation in precision agriculture influencing agrochemical product demand.- Potential impacts of climate change on agricultural practices and pesticide usage.