The Pesticides and Other Agrochemical Products market in Portugal has shown a mix of growth and stability over the last decade, reaching a market size of 208.57 million Euros in 2023. The market experienced significant growth from 2013 to 2015, with values rising from 175.02 million Euros to 205.51 million Euros. However, from 2016 onwards, the market remained relatively stable with minimal fluctuations year-on-year. Over the last five years, the market has seen a Compound Annual Growth Rate (CAGR) of 0.87%, indicating a steady albeit slow growth trend.
For the future, consider the following trends to watch for:
- Technological advancements in agrochemical formulations and delivery mechanisms
- Increasing regulatory scrutiny and shifts towards environmentally sustainable products
- Potential market disruptions due to climate change and fluctuating agricultural demands
- Innovations in biopesticides and organic alternatives driven by consumer preferences
How does Portugal rank in Pesticides and Other Agrochemical Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,117,200,000 | 2023 | +0.69% | +0.81% | View data |
| 2 | 2 Italy | 859,120,000 | 2023 | +0.32% | +1.21% | View data |
| 3 | 3 Poland | 742,340,000 | 2023 | +3.14% | -1.45% | View data |
| 4 | 4 Romania | 585,130,000 | 2023 | +4.99% | +4.33% | View data |
| 5 | 5 Greece | 384,920,000 | 2023 | +2.56% | +2.12% | View data |
| 6 | 6 Czech Republic | 287,420,000 | 2023 | +5% | +1.91% | View data |
| 7 | 7 Portugal | 208,570,000 | 2023 | +0.74% | +0.87% | |
| 8 | 8 Bulgaria | 177,490,000 | 2023 | +3.58% | -0.34% | View data |
| 9 | 9 Slovakia | 151,000,000 | 2023 | +2.11% | +3.13% | View data |
