Analysis of fungicide sales in the Netherlands reveals a declining trend in volume, with forecasted sales expected to drop from 2.67 thousand metric tons in 2024 to 1.59 thousand metric tons by 2028. In 2023, the volume stood at 2.95 thousand metric tons. The year-on-year percentage decline is projected at approximately -10% in 2024, -10.5% in 2025, -11.7% in 2026, -12.3% in 2027, and -14.1% in 2028. Over the last two years, the average annual decline was roughly -11.8%. The five-year Compound Annual Growth Rate (CAGR) indicates an average yearly decrease of about -9.8%.
Future trends to watch for include:
- Increasing adoption of organic farming practices reducing reliance on chemical fungicides.
- Regulatory changes tightening the use of certain fungicidal substances.
- Technological advancements in integrated pest management (IPM) systems.
- Growth in biopesticides market as a sustainable alternative.