In 2023, France dominated the European Thiocarbamate herbicides sales, accounting for 63.75% of sales in kilograms, followed by Spain (12.29%), and Germany (10.77%). Denmark, the Netherlands, and Belgium had moderate shares of 2.61-3.67%, with the remaining countries each capturing less than 2%. The most significant year-on-year growth in 2023 was seen in Romania (62.14%) and Latvia (49.64%), while Slovenia experienced a decline of 6.43%. The five-year CAGR indicates that Romania and Latvia have been the fastest-growing markets.
Looking at future trends, expect France to continue its dominance, though growth might stabilize. Emerging markets like Romania and Latvia could continue to see increased utilization, driven by evolving agricultural practices and regulatory support. Watch for technological advancements and regulatory developments which may also shift market dynamics across Europe.
Top countries in Thiocarbamate herbicides Sales Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 63.75 | 2023 | +7.39% | +3.54% | View data |
| 2 | 2 Spain | 12.29 | 2023 | +10.59% | View data | |
| 3 | 3 Germany | 10.77 | 2023 | +4.23% | +6.92% | View data |
| 4 | 4 Denmark | 3.67 | 2021 | +4.33% | +3.57% | View data |
| 5 | 5 Netherlands | 2.61 | 2023 | +4.73% | +0.65% | View data |
| 6 | 6 Belgium | 2.57 | 2023 | +3.81% | +4.81% | View data |
| 7 | 7 Latvia | 1.2 | 2023 | +22.95% | +49.64% | View data |
| 8 | 8 Lithuania | 0.67 | 2023 | +7.18% | +16.3% | View data |
| 9 | 9 Czech Republic | 0.61 | 2023 | +8.42% | +2.7% | View data |
| 10 | 10 Italy | 0.48 | 2021 | +34.33% | View data |
