According to BlueQuark Research & Consulting, Agrochemicals Industry in Ethiopia is expected to witness a significant growth rate during the forecasted period. The major market drivers and restraints are covered in the study.
Further, analysis of the major types of agrochemicals products in Ethiopia is also discussed including Pesticides(Insecticides, Herbicides, Fungicides, Others), Fertilizers(Nitrogen, Phosphorous, Potassium, Others), Soil Conditioners, Liming and Acidifying Agents, and Growth Hormones.
Ethiopia Macro-Economic Indicator:
According the International Monetary Fund, the real GDP growth rate of Ethiopia is estimated to reach at 2% by the end of 2021 and forecasted to reach at 8% by the end of 2026Pesticides Segment:
According to FAOSTAT, the use of major pesticide groups (Insecticides, Herbicides, Fungicides, Plant growth regulators and Rodenticides) and of relevant chemical families registered at 4128 tonnes in 2019 compared to 4128 tonnes in 2018.
Trade Scenario:
Ethiopia's Agrochemicals Industry imports and exports valued at USD 129.39 million and USD 0.04 million in 2020 compared to 114.98 million and USD 0.07 million in 2019.BlueQuark's Agrochemicals Industry Outlook briefing report provides concise insights into the Ethiopia's current and future state across the country that is essential for anyone wanting to gain a quick and comprehensive understanding of the industry.
This report also offers an extensively researched competitive landscape section with profiles of prominent companies.
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Ethiopia Agrochemicals Industry Market Size, in USD Million, 2017-2027
Ethiopia Agrochemicals Industry - Market Dynamics, 2022-2027
Ethiopia Agrochemicals Industry - Supply Chain Analysis
Ethiopia - List of Notable Agrochemicals Companies in China
Other Supporting Charts
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