The forecast for pesticides turnover in the UK from 2024 to 2028 shows a consistent decline. The turnover is expected to fall from 763.9 million euros in 2024 to 670.8 million euros in 2028. This data reflects a year-on-year reduction of approximately 3.1% on average, with the largest decrease occurring between 2027 and 2028.
Comparing the values year-on-year:
- 2025: -3.1% compared to 2024
- 2026: -3.2% compared to 2025
- 2027: -3.2% compared to 2026
- 2028: -3.3% compared to 2027
The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is approximately -3.2%, indicating an overall downward trend in the market.
Future trends to watch for include the impact of regulatory changes on pesticide usage, advancements in alternative pest control methods, and shifts in agricultural practices driven by sustainability initiatives. These factors could further influence market dynamics and turnover in the coming years.
