The market is dominated by foreign suppliers, as imports account for 60.8% of total market size in 2024. B2B drives market demand, with B2B spending representing 91.1% of total demand in 2024. Spain has the third largest market size for pesticides and other agro-chemical products regionally, with demand reaching USD2.6 billion in 2024. Bayer CropScience SL is the largest company in Spain, generating 17.5% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 56.0% of total production value in 2024. The total number of companies increases in 2024, to 80 units. The costs of the industry increase by 5.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 10.6% of production value in 2024, the 13th highest regionally. The industry’s exports share decreases in 2024 to 65.3% of total production output. With production value of USD1.9 billion, Spain accounts for 8.6% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Pesticides and Other Agro-chemical Products in Spain: ISIC 2421. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pesticides and Other Agro-chemical Products in Spain: ISIC 2421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in Spain report includes:
- Five year forecasts on industry’s historic trends and growth
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- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
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Pesticides and Other Agro-chemical Products in Spain: ISIC 2421
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MARKET OVERVIEW
Chemical Products
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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