The rodenticides market in Germany has seen significant fluctuations over the past decade. In 2013, the volume stood at 7.94 thousand kilograms, peaking sharply at 32.98 thousand kilograms in 2015 but then experiencing a steep decline by 2017. Over the last two years, sales have slightly contracted, with a year-on-year decrease of 8.24% in 2023, positioning the volume at 7.98 thousand kilograms in 2023. The compound annual growth rate (CAGR) for the past five years shows an increase of 11.87%, indicating a generally upward trend despite recent declines.
For the forecast period from 2024 to 2028, the rodenticides market is expected to contract steadily, with a forecasted CAGR of -9.14% and an overall decline of 38.07% in volume by 2028. This contraction indicates a potential downturn in market demand or possible regulatory and environmental changes impacting the use of rodenticides. Future trends to monitor include advancements in alternative pest control methods, regulatory changes, and shifts in agricultural practices which may further influence the market dynamics.
