Organophosphate insecticides sales in France fluctuated significantly from 2013 to 2023. The value stood at 481.74 thousand kilograms in 2023. Initial sales showed a sharp decline between 2013 and 2015, with a notable dip of 23.53% in 2014. However, a rebound occurred from 2016 to 2018, followed by steady growth, peaking at 508.82 thousand kilograms in 2021. Despite a slight drop in 2022, the market saw an uptick of 3.68% in 2023.
Recent variations over the last two years include a decrease of 8.68% in 2022 and an increase of 3.68% in 2023. The five-year Compound Annual Growth Rate (CAGR) for 2023 was approximately -0.031%, indicating a nearly stable trend. Forecasted data suggest a positive future with a CAGR of 2.52% and an overall growth of 13.25% from 2024 to 2028.
Future trends to watch for include potential regulatory changes affecting organophosphate usage, advancements in alternative pest control technologies, and shifts in agricultural practices towards more sustainable methods which may influence the organophosphate insecticides market.
