The agricultural pesticides sales in Indonesia remained stable at 1.6 thousand metric tons from 2013 to 2020. Minimal growth was observed starting from 2021, with a slight increase to 1.61 in both 2021 and 2022, and eventually reaching 1.62 in 2023. The year-on-year variation was 0.12% for the last two years, with a five-year CAGR of 0.24% (2018-2023). The forecast predicts a gradual increase to 1.63 thousand metric tons by 2028, with a forecasted five-year CAGR of 0.09% and a five-year growth rate of 0.43%.
Future trends to watch for:
- Technological advancements in sustainable pesticide solutions.
- Potential regulatory changes influencing pesticide usage.
- The impact of climate change on pesticide demand.
- Shifts towards organic farming reducing synthetic pesticide sales.
