In 2023, agricultural pesticide sales in Japan stood at 46.31 thousand metric tons. This trend shows a year-on-year decline, as the forecast for 2024 is 45.18 thousand metric tons, representing a decrease of approximately 2.43%. The downward trend continues with sales expected to reach 44.06 thousand metric tons in 2025, marking a 2.48% decrease from the previous year. In 2026, sales are forecasted at 42.95 thousand metric tons, a year-on-year decline of 2.52%. The trend continues with 41.85 thousand metric tons in 2027, a drop of 2.56%, and reaches 40.76 thousand metric tons in 2028, a decrease of 2.61%. Over a five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decline of 2.52%.
Future trends to watch for include the possible impacts of stricter environmental regulations, advancements in sustainable agricultural practices, and innovations in bio-pesticides, which could further drive down the volume of traditional agricultural pesticide sales. Additionally, changing climatic conditions and pest resistance evolution could also influence market dynamics.
