The forecasted data for fungicide sales in Belgium from 2024 to 2028 shows a consistent downward trend in volume. The sales are projected to decrease from 2.12 Thousand Metric Tons in 2024 to 1.74 Thousand Metric Tons by 2028. This represents a year-on-year decrease of roughly 4.72% between 2024 and 2025, 4.46% between 2025 and 2026, 5.18% between 2026 and 2027, and 4.92% between 2027 and 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 indicates an average annual decrease of around 4.93%.
Future trends to watch for include potential regulatory changes affecting fungicide usage, advances in agricultural technology, and shifts in consumer preferences toward organic and sustainable farming practices, which could further impact fungicide sales negatively.
