The Rodenticides and Other Plant Protection Products market in Italy has experienced significant fluctuations over the past decade. The market saw a peak in 2016 with a value of 56.34 million euros, while the lowest value was recorded in 2020 at 43.701 million euros. Notably, the value in 2023 stood at 46.178 million euros. The market has demonstrated varying year-on-year changes with notable declines in 2015, 2019, and 2020, and a strong positive growth in 2016. Over the last five years, the market's Compound Annual Growth Rate (CAGR) was -2.39%, reflecting a downward trend overall.
Key variations over the last two years:
- 2022: 3.24% year-on-year growth
- 2023: 1.33% year-on-year growth
Future trends to watch for include advancements in eco-friendly and sustainable plant protection solutions, regulatory changes affecting product usage and market demand, and the impact of climate change on pest control needs. Adapting to these trends will be critical for market players to sustain growth.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 46,178,000 | 2023 | +1.33% | -2.39% | |
| 2 | 2 Spain | 33,382,000 | 2023 | -3.13% | -4.85% | View data |
| 3 | 3 Greece | 23,035,000 | 2023 | +4.33% | +3.41% | View data |
| 4 | 4 Sweden | 17,516,000 | 2023 | +3.56% | +4.67% | View data |
| 5 | 5 Portugal | 17,441,000 | 2023 | +0.63% | +0.23% | View data |
