In 2023, Indonesia's export of herbicides, anti-sprouting products, and plant-growth regulators stood at 16.247 million kilograms. The forecasts for the subsequent years show a steady year-on-year increase: 2024 (2.31%), 2025 (3.18%), 2026 (3.01%), 2027 (2.87%), and 2028 (2.73%). The compound annual growth rate (CAGR) over these five years is projected to be approximately 2.82%.
Future trends to watch for include advancements in agricultural technologies, changes in global demand due to climate change impacts, and the potential for increased usage of environmentally-friendly and organic alternatives impacting market dynamics.
