From 2023 to 2028, phenoxy herbicides sales in France are forecasted to decline significantly. The sales volume is expected to decrease from a peak forecast of 517.32 thousand kilograms in 2024 to just 58.93 thousand kilograms by 2028. This equates to a compounded annual growth rate (CAGR) of approximately -39.5% over five years. Year-over-year, the most significant drops appear from 2024 to 2025 and from 2027 to 2028.
Future trends to watch for could include regulatory changes impacting chemical herbicides, increased competition from bio-herbicides, and shifts in agricultural practices toward more sustainable methods. Monitoring these factors will be crucial in understanding market dynamics and potential reversals in the current decline.