The Oman crop Protection Market is expected to witness a steady growth rate over the period 2023-2027 owing to government regulations & technological innovations: Ken Research

Advent of new agricultural technologies & increasing population growth rate with rise in calorie intake per capita are some of the factors driving the Oman Crop protection Market

COVID-19 Impact: The market in the region was affected by the pandemic in a mixed manner, firstly the agricultural activities were to be continued even during these times which helped the market sustain. Along with this the inconsistent availability of man power for activities like weed removal compelled the consumer to shift to chemical methods. But on the other hand the market observed obstacles from the already economically struggling other nations of the region during the period, along with travel restrictions hampering the supply chain.

Rising Exports: In 2021, overseas shipments of pesticides increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future. In value terms, pesticide exports skyrocketed to $X in 2021.In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X exports peaked in 2021 and are likely to continue growth in the near future.

Increasing Insecticide Production: In value terms, insecticide production skyrocketed to $X in 2021 estimated in export price. Overall, production posted a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by 161% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Analysts at Ken Research in their latest publication, “Oman Crop protection Market Outlook 2027F– Driven by government regulations & technological innovations” by Ken Research observed that Oman Crop protection Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to an increasing demand for agricultural productivity. It is to be noted that the Oman crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

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Key segments covered

By Type of Chemicals FY’22 & FY’27