Product Code: ETC048910 | Publication Date: Aug 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Vietnam HerbicidesÃÂ Market registered a growth of 34.48% in value shipments in 2021 as compared to 2020 and a decrease of -10.79% CAGR in 2021 over a period of 2017. In HerbicidesÃÂ Market Vietnam is becoming more competitive as the HHI index in 2021 was 4373 while in 2017 it was 5778. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
The Vietnam Herbicides Market has gained prominence with the expansion of the country`s agriculture sector. Herbicides are essential crop protection chemicals used to control weed growth, ensuring higher agricultural productivity. As farmers seek efficient and cost-effective weed control solutions, the demand for herbicides has increased. The market offers a variety of herbicides tailored for different crops and weed types, supporting Vietnam agricultural development.
The Vietnam Herbicides Market has experienced growth as the country`s agriculture sector seeks effective solutions to control weed growth and improve crop yields. Herbicides play a crucial role in protecting crops from weed competition, ensuring higher agricultural productivity. The market`s expansion is driven by the increasing adoption of modern farming practices and the need to optimize resources and increase food production. Additionally, rising awareness among farmers about the benefits of herbicides and the availability of a diverse range of herbicide products have contributed to the market`s development.
The Vietnam Herbicides Market is impacted by challenges related to environmental concerns and pesticide resistance. Excessive and improper use of herbicides can lead to soil and water pollution and harm non-target organisms. Additionally, over-reliance on certain herbicides can contribute to the development of herbicide-resistant weeds, making weed control more challenging for farmers. To address these challenges, there is a need for sustainable herbicide practices, integrated weed management strategies, and continuous research into new and more effective herbicide formulations.
The Vietnam Herbicides Market encountered challenges during the pandemic, primarily due to disruptions in the agricultural sector. Movement restrictions and labor shortages affected farming activities, leading to delays in crop planting and reduced demand for herbicides. Additionally, uncertainties in the supply chain impacted the availability and distribution of herbicides. However, with agriculture being an essential sector, the government implemented measures to support farmers and agricultural activities, which helped stabilize the market. As the agricultural sector rebounds, the demand for herbicides is expected to recover, driven by the need to improve crop yields and ensure food security.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Herbicides Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Herbicides Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam Herbicides Market - Industry Life Cycle |
3.4 Vietnam Herbicides Market - Porter's Five Forces |
3.5 Vietnam Herbicides Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Vietnam Herbicides Market Revenues & Volume Share, By Mode of Action, 2020 & 2030F |
3.7 Vietnam Herbicides Market Revenues & Volume Share, By Crop Type, 2020 & 2030F |
4 Vietnam Herbicides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Herbicides Market Trends |
6 Vietnam Herbicides Market, By Types |
6.1 Vietnam Herbicides Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Herbicides Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Vietnam Herbicides Market Revenues & Volume, By Glyphosate, 2020-2030F |
6.1.4 Vietnam Herbicides Market Revenues & Volume, By 2, 4-D, 2020-2030F |
6.1.5 Vietnam Herbicides Market Revenues & Volume, By Diquat, 2020-2030F |
6.1.6 Vietnam Herbicides Market Revenues & Volume, By Others, 2020-2030F |
6.2 Vietnam Herbicides Market, By Mode of Action |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Herbicides Market Revenues & Volume, By Non-Selective, 2020-2030F |
6.2.3 Vietnam Herbicides Market Revenues & Volume, By Selective, 2020-2030F |
6.3 Vietnam Herbicides Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Herbicides Market Revenues & Volume, By Cereals & Grains, 2020-2030F |
6.3.3 Vietnam Herbicides Market Revenues & Volume, By Oilseeds & Pulses, 2020-2030F |
6.3.4 Vietnam Herbicides Market Revenues & Volume, By Fruits & Vegetables, 2020-2030F |
6.3.5 Vietnam Herbicides Market Revenues & Volume, By Others, 2020-2030F |
7 Vietnam Herbicides Market Import-Export Trade Statistics |
7.1 Vietnam Herbicides Market Export to Major Countries |
7.2 Vietnam Herbicides Market Imports from Major Countries |
8 Vietnam Herbicides Market Key Performance Indicators |
9 Vietnam Herbicides Market - Opportunity Assessment |
9.1 Vietnam Herbicides Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Vietnam Herbicides Market Opportunity Assessment, By Mode of Action, 2020 & 2030F |
9.3 Vietnam Herbicides Market Opportunity Assessment, By Crop Type, 2020 & 2030F |
10 Vietnam Herbicides Market - Competitive Landscape |
10.1 Vietnam Herbicides Market Revenue Share, By Companies, 2023 |
10.2 Vietnam Herbicides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |