Pesticide Industry Report, 2012-2015

In recent years, China pesticide industry has showned sound development as a whole. In 2012, chemical pesticide API (converting into active ingredient) output of China increased by 34.0% year-on-year to 3.549 million tons, with the AAGR of 19.2% between 2005 and 2012. In 2012, the operating revenue of Chinese pesticide manufacturing surged by 21.2% year-on-year to RMB235.7 billion, while total profit reached RMB17.5 billion, presenting a 39.2% YoY rise.  In the pesticide industry, international division of labor has been shaped, with developed countries specializing in the R&D and production of new pesticide varieties as well as the production of pesticide preparations while developing economics such as China emerging as production bases of pesticide API. The global pesticide market has been monopolized by the six industrial leaders including Syngenta, Bayer and BASF, the combined market share of which approximates 85%. There are more than 2,000 pesticide makers in China,

Original Post China Pesticide Industry Report, 2012-2015