The market for pesticides and other agrochemical products in Poland showed notable fluctuations over the past decade. Starting from a value of €716.93 million in 2013, the market experienced growth spurts and downturns, reaching €742.34 million in 2023. The highest value recorded was €841.1 million in 2019. Notably, the market underwent significant declines in 2017, 2020, and 2021 with year-on-year variations of -9.95%, -8.6%, and -9.41%, respectively. The past two years saw minor growth with a 3.35% increase in 2022 and a 3.14% increase in 2023. The five-year CAGR from 2019 to 2023 was -1.45%, pointing to an overall contraction during that period.
Looking forward, forecasted data suggests the market will see steady growth. The value is expected to rise from €742.34 million in 2023 to €852.01 million by 2028. The expected five-year CAGR is projected at 2.19%, indicating a gradual recovery and growth trajectory in the coming years, with an overall forecasted growth rate of 11.42% from 2023 to 2028.
Future trends to watch for include the adoption of sustainable and environment-friendly agrochemical products, advancements in agricultural technologies, and regulatory changes influencing product usage and market dynamics. Additionally, shifts in crop patterns and climatic conditions could significantly impact market demand and growth prospects.
