The forecast for pesticide sales in Mexico shows a steady increase from 1.36 kg/ha in 2024 to 1.45 kg/ha in 2028. In 2023, sales stood at 1.35 kg/ha. The year-on-year percentage variation is modest, with an average annual increase reflecting a Compound Annual Growth Rate (CAGR) of approximately 1.5% over the five-year period from 2024 to 2028.
Future trends to watch for:
- The impact of regulatory changes on pesticide usage and sales.
- Advancements in agricultural technology and sustainable farming practices.
- Potential fluctuations in agricultural output and land area under cultivation.
- Market responses to emerging pest resistance and climate change effects.
