Forecast: Import of Fungicides to Germany

In 2023, Germany's fungicide imports were $686 million. Forecasts from 2024 to 2028 suggest a steady increase, indicating ongoing demand growth. Year-on-year, the import value shows consistent rises: from 2024 to 2025 (1.22%), 2025 to 2026 (1.18%), 2026 to 2027 (1.14%), and 2027 to 2028 (1.11%), reflecting a stable market. The five-year forecasted compound annual growth rate (CAGR) stands at 1.14%, suggesting moderate yet steady market expansion.

Key future trend to monitor includes:

  • Impact of climate change on agricultural practices, potentially increasing fungicide demand.
  • Regulatory changes in the EU that could affect fungicide usage and imports.
  • Introduction of new, more effective fungicidal products which may influence import volumes.

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