| Product Code: ETC8617243 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Nigeria continued to heavily rely on imports of 2-methyl-4-chlorophenoxyacetic acid (MCPA) pesticide, with key exporters being India, China, Metropolitan France, Indonesia, and Pakistan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 declined significantly at -26.55%. Furthermore, the growth rate in 2024 dropped sharply by -59.09%, suggesting potential shifts in market dynamics or regulatory changes impacting the import of MCPA pesticide in Nigeria.
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 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market - Industry Life Cycle |
3.4 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market - Porter's Five Forces |
3.5 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume Share, By Pesticides combination, 2021 & 2031F |
4 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for agricultural products in Nigeria |
4.2.2 Government initiatives to promote agriculture and increase crop yield |
4.2.3 Growing awareness about the benefits of using MCPA pesticides in agriculture |
4.3 Market Restraints |
4.3.1 Stringent regulations on pesticide usage and environmental concerns |
4.3.2 Competition from alternative pest control methods |
4.3.3 Fluctuating prices of raw materials for MCPA pesticide production |
5 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Trends |
6 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market, By Types |
6.1 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Cereal, 2021- 2031F |
6.1.4 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Fruits, 2021- 2031F |
6.1.5 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Plantation Crops, 2021- 2031F |
6.1.6 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Vegetables, 2021- 2031F |
6.1.7 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Ornamental Crops, 2021- 2031F |
6.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market, By Pesticides combination |
6.2.1 Overview and Analysis |
6.2.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By 2,4-D, 2021- 2031F |
6.2.3 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Dicamba, 2021- 2031F |
6.2.4 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By MCPB, 2021- 2031F |
6.2.5 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Bromoxynil, 2021- 2031F |
6.2.6 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Mecoprop, 2021- 2031F |
6.2.7 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenues & Volume, By Bentazonels, 2021- 2031F |
7 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Import-Export Trade Statistics |
7.1 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Export to Major Countries |
7.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Imports from Major Countries |
8 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Key Performance Indicators |
8.1 Adoption rate of MCPA pesticides by farmers in Nigeria |
8.2 Rate of growth in agricultural output in Nigeria |
8.3 Number of research studies supporting the effectiveness of MCPA pesticides in crop protection |
9 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market - Opportunity Assessment |
9.1 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Opportunity Assessment, By Pesticides combination, 2021 & 2031F |
10 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market - Competitive Landscape |
10.1 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Revenue Share, By Companies, 2024 |
10.2 Nigeria 2-Methyl-4-Chlorophenoxyacetic Acid (MCPA) Pesticide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |