Forecast: Import of Fungicides to Brazil

In 2023, Brazil's importation of fungicides was valued at approximately 645 million USD. Forecast data from 2024 to 2028 indicates a steady increase in imports with values reaching approximately 667 million USD by 2028. The year-on-year growth between 2024 and 2025 is modest at just below 1%, maintaining a similar trajectory each subsequent year. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.6%.

Future trends to watch for in the Brazilian fungicide import market include:

  • Impact of climate change on agricultural disease patterns, possibly increasing the need for fungicides.
  • Technological advances in agriculture that could either increase efficiency, reducing dependency on imports, or enhance detection, increasing demand.
  • Regulatory changes impacting agricultural imports and pesticide use in Brazil.

Top Countries about Fungicide