KIEV, April 16 – The Ukrainian crop protection agent market in 2014 fell by 15%, to EUR 600 million, according to BASF chemical concern.

BASF Crop Protection Manager in Ukraine, Moldova and the Caucasian countries Tom Wetjen told reporters that the reasons for the decline were the difficult economic conditions in the country, the devaluation of the hryvnia, and farmers experiencing a lack of funds.

He said that last year many farmers made savings by reducing their application of plant protection agents to crops or by switching to cheaper agents.