The market is dominated by foreign suppliers, as imports account for 53.3% of total market size in 2020. B2B drives market demand, with B2B spending representing 97.6% of total demand in 2020. Russia has the largest market size for pesticides and other agro-chemical products in the region, with demand reaching USD1.7 billion in 2020. Schelkovo Agrokhim AO is the largest company in Russia, generating 6.0% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 21.9% of total production value in 2020. The total number of companies decreases in 2020, to 198 units. The costs of the industry decrease by 13.2% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 19.2% of production value in 2020, the fourth highest in the region. With production value of USD595 million, Russia accounts for 39.1% of the Eastern Europe total in 2020.
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This Euromonitor industrial report provides unique information on Pesticides and Other Agro-chemical Products in Russia: 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 Russia: ISIC 2421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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.See All of Our Definitions
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