Source: AGRIBUSINESS GLOBAL, 5/31/22

The agrochemical market in Brazil was valued at US $13.5 billion in 2019. By 2020, the value for crop protection products dropped to US $12.1 billion, a decrease of 10.4%. For the year 2021, the National Union of Vegetal Defense Products Industry (SINDIVEG), calculated agrochemicals will have a turnover in the country of around US $13.3 billion, a 9.9% increase over 2020.

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