Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#23 In EuropeBusiness
#25 In EuropeEmployees
#25 In EuropeWages
#23 In EuropeThe level of demand from agriculture, regulatory landscape changes and oil price volatility are key influences on the performance of Europe’s Pesticide and Other Agrochemical Manufacturing industry. Chemical pesticides have long been an integral part of the European agricultural sector and are vital in boosting crop yields. New regulations drive the evolution of agrochemical manufacturers’ product portfolio, changing land use and trends in pesticide usage. Innovation to lower the environmental footprint of pesticides and other agrochemicals has been met with growing demand for organic farmers who don’t use pesticides, constricting growth in sales. Over the five years through 2024, revenue is forecast to decline at a compound annual rate of 3.5% to €17 billion, including a 2.6% fall in 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus in 2024?
The market size of the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus is €16.0m in 2024.
How many businesses are there in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry in 2024?
There are 4 businesses in the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus grown or declined over the past 5 years?
The market size of the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus has been declining at a CAGR of 1.0 % between 2019 and 2024.
What is the forecast growth of the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus over the next 5 years?
Over the next five years, the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus is expected to grow.
What does the Pesticides & Other Agrochemical Product Manufacturing in Cyprus include?
Herbicides and Fungicides are part of the Pesticides & Other Agrochemical Product Manufacturing industry.
How competitive is the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus?
The level of competition is low and steady in the Pesticides & Other Agrochemical Product Manufacturing industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Animal Farming in Cyprus
- Forestry & Logging in Cyprus
Table of Contents
About this industry
Industry definition
This industry covers the manufacture of pesticides and other agricultural products, with the exception of fertilisers and nitrogen compounds. The class includes but is not limited to the manufacture of insecticides, herbicides, rodenticides, plant growth regulators, disinfectants for agricultural use and other agricultural products.
Related Terms
FungicideActive IngredientSystemicWhat's included in this industry?
HerbicidesFungicidesDisinfectantsRodenticidesCompanies
Industry Code
2021 - Manufacture of pesticides and other agrochemical products in Cyprus
View up to 0 companies with purchase. View purchase options.
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
Outlook
Analysis
What's driving the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Targeted and bio-based agrochemicals are in vogue. Intense regulation and environmental concerns sparks demand for more sustainable and eco-friendly agrochemicals.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry's products and services performing?
Analysis
What are innovations in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Multinational companies dominate the scene. The agrochemical manufacturing industry is dominated by a few large multinational companies and smaller regional players.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers face increasingly stringent regulation. The EU and other governing bodies are implementing strict rules on pesticide approval, environmental impact and residue.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Investment in R&D limits profit. An intense regulatory and competitive landscape forces manufacturers to invest heavily in R&D.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Pesticides & Other Agrochemical Product Manufacturing in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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