Fungicides and bactericides sales in Turkey showed volatility between 2016 and 2023, peaking in 2018 and gradually declining thereafter. In 2023, the volume stood at 17.809 million kilograms. Notable year-on-year changes include a sharp rise of 19.13% in 2017, followed by a consistent decline from 2020 onwards. The compound annual growth rate (CAGR) over the last five years was -4.6%, indicating an average annual decrease. Forecasts for 2024-2028 predict an average annual decline of -4.12%, leading to an overall decrease of 18.99% over the forecast period.
Future Trends to Watch For:
- Advancements in agricultural technology and biopesticides
- Impact of regulatory changes and environmental policies
- Evolving pest resistance patterns and climate change effects
- Market consolidation and emerging competitive dynamics
