In 2024, France leads European pyrethroid insecticide sales with 24.19% market share by volume, followed by Romania (12.82%), Spain (11.08%), and Poland (10.74%). Consistent growth was seen in Poland, Hungary, and Portugal with a notable Compound Annual Growth Rate (CAGR) over the past 5 years, while Germany experienced a decline. Key observations include:
• France remains a dominant market at 24.19%, with modest 1.04% YoY growth.
• Romania and Spain hold significant shares at 12.82% and 11.08% respectively, showing steady growth trends.
• Poland and Hungary have shown robust YoY growth at 11.55% and 17.38%, boosting their market standings.
• Germany's market share has decreased by 4.44%, showcasing a negative trend.
• Smaller markets like Portugal and Malta showcased remarkable YoY growth of 18.99% and 26.97% respectively.
• Finland, Estonia, and Norway, despite their small market shares, have recorded positive growth.
• Declining performance seen in Belgium and Croatia with negative YoY trends.
• Iceland remains one of the smallest markets with an almost negligible share, although it showed a high growth rate of 30.01% YoY.
Future trends to watch include potential growth in Eastern European markets given their recent positive momentum, and the stability in dominant markets like France. The decline in Germany could indicate a shifting market or more stringent regulations. Monitoring the impact of environmental policies on hexaconazole usage and alternative pest control methods will be crucial for forecasting future market dynamics.
Top countries in Pyrethroid insecticides Sales Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 24.19 | 2023 | +2.82% | +1.04% | View data |
| 2 | 2 Romania | 12.82 | 2023 | +17.02% | +3.41% | View data |
| 3 | 3 Spain | 11.08 | 2023 | +3.88% | +3.99% | View data |
| 4 | 4 Poland | 10.74 | 2023 | +3.98% | +11.55% | View data |
| 5 | 5 Italy | 10.69 | 2023 | +1.98% | +1.63% | View data |
| 6 | 6 Hungary | 10.14 | 2023 | +3.73% | +17.38% | View data |
| 7 | 7 Germany | 6.24 | 2023 | -2.88% | -4.44% | View data |
| 8 | 8 Czech Republic | 2.62 | 2023 | +11.04% | +3.26% | View data |
| 9 | 9 Greece | 2.15 | 2023 | +7.86% | +6.49% | View data |
| 10 | 10 Slovakia | 2.1 | 2023 | +5.69% | +5.73% | View data |