According to BlueQuark Research & Consulting, Agrochemicals Industry in Thailand 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 Thailand is also discussed including Pesticides(Insecticides, Herbicides, Fungicides, Others), Fertilizers(Nitrogen, Phosphorous, Potassium, Others), Soil Conditioners, Liming and Acidifying Agents, and Growth Hormones.

Thailand Macro-Economic Indicator:

According the International Monetary Fund, the real GDP growth rate of Thailand is estimated to reach at 2.6% by the end of 2021 and forecasted to reach at 3.6% by the end of 2026

Pesticides 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 28074 tonnes in 2019 compared to 34777 tonnes in 2018.

Trade Scenario:

Thailand's Agrochemicals Industry imports and exports valued at USD 649.86 million and USD 223.85 million in 2020 compared to 709.9 million and USD 253.46 million in 2019.

BlueQuark's Agrochemicals Industry Outlook briefing report provides concise insights into the Thailand'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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