Insecticides: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles

In 2024, insecticides: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles trade exhibited modest growth, with global flows reaching $10,471,866,846 and a three-year compound annual growth rate of -0.7% (five-year: +1.4%). The all-time peak of $11,227,015,382 was recorded in 2022; the current level is 7% below that high-water mark.

Over the 30-year observation window (1995–2024), 76% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-3.7% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.093). The three largest exporters — China ($2.2B), United States ($1.6B), and India ($993.1M) — collectively dominate supply flows. The leading exporter has grown at +7.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.039). The three largest import markets are Brazil ($1.6B), United States ($466.9M), and France ($427.5M). The largest importing market sources from 37 different supplying countries.

Estimated substitution elasticity: -8.54. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Brazil at $481.3M, representing 29.3% of the importer's total demand.

The volatility score for insecticides: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles is 3 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.