Global Pyrethrum Market - Research on Economic Outlooks, Analysis and Forecasts to 2025
This report provides an in-depth analysis of the global pyrethrum market. Within it, you will find the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The outlook depicts the market prospects through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Pyrethrum market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global pyrethrum production, split by region and country;
• Global pyrethrum trade (exports and imports);
• Producer, export and import prices for pyrethrum;
• Pyrethrum market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Global pyrethrum market revenue amounted to 39 million USD in 2015, going down by -3.2% against the previous year level. Overall, global pyrethrum market continues to undergo a prominent growth: the market value increased at an average annual rate of +3.2% from 2007 to 2015. This trend pattern, however, fluctuated wildly throughout the analyzed period. The growth pace was the most rapid in 2013, when the market revenue increased by +96% from the previous year level. In that year, the global pyrethrum market revenue attained its maximum of 52 million USD. From 2014 to the end of the period under review, the total pyrethrum market revenue failed to regain its former peak level.
Over the analyzed period, global pyrethrum production was buoyed by growth of medical care and personal care products. These key factors are to remain relevant with regard to pyrethrum output in the immediate term. This general positive trend was largely conditioned by a noticeable curtailment of the harvested area and a noticeable contraction of the yield figures.
The country with the largest volume of the pyrethrum output in absolute volumes was Tanzania (6 thousand tonnes), accounting for 70% of global production. Moreover, pyrethrum output in Tanzania exceeded the figures recorded by the world's second largest producer, Papua New Guinea (1 thousand tonnes), fivefold. The third position in this ranking was occupied by Kenya with a share of 4%. From 2007 to 2015, an average annual growth rate of Tanzania's pyrethrum producton stood at +15.1%. The remaining producing countries recorded the following average annual growth rates: Papua New Guinea (+2.5% per year) and Kenya (-32.9% per year).
The world pyrethrum harvested area amounted to 23 thousand ha in 2015, which was 6.7% more than the previous year figure. The harvested area indicated a pronounced contraction over the period under review, declining by an average annual rate of -1.3% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total pyrethrum harvested area peaked in 2007, declining in the following year. From 2008 to 2015, the total pyrethrum harvested area fluctuated at lower levels.
The global average pyrethrum yield amounted to 4 thousand hg/ha in 2015, falling by -1.7% from the previous year figure. The yield figures recorded an downward trend over the period under review, with a compound annual growth rate standing at -2.9% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest pyrethrum yields were recorded in 2008, when it peaked at 7 thousand hg/ha. Afterwards, it decreased slightly and then fluctuated around these levels throughout the analyzed period.
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