Formulated pesticide demand in China to reach 2.3million metric tons in 2015
Demand for formulated pesticides in the
agricultural market in China is forecast to rise 5.3 percent per annum to 2.3
million metric tons in 2015. In value terms, formulated pesticide demand is
expected to rise 7.1 percent per year to \60 billion. Market gains will be
primarily driven by increases in agricultural production as measured by the
total area of sown land, and ongoing expansions in the production of fruits
and vegetables, which are by far the most intensive users of pesticides
relative to most other crops. Improvements in pesticide variety and quality,
especially those that result from a domestic industry that is becoming
technically more proficient, will stimulate additional pesticide usage and
further contribute to demand growth.
Farmers will continue to see steadily increasing income, the result of rising
crop prices and government subsidies designed to supplement their revenues and
reduce their material costs. Subsidies aimed directly at cutting the cost of
pesticides will encourage additional use. Furthermore, increased pesticide
usage has become more feasible from an investment standpoint, as use of
additional pesticides can greatly increase crop yield, which in turn bolsters
farmers' income. The improved revenues attributable to higher crop prices more
than compensate for the cost of the pesticides.
The outlook for the Chinese formulated pesticide industry remains good.
Shipments are expected to grow 5.2 percent annually and net exports are
forecast to rise to 717,000 metric tons, due to the competitive price of
domestic products and improvements in their quality.
Insecticides to remain largest market, fungicides to grow fastest
Insecticides will remain the largest product type through 2015 despite a
relatively slow growth rate of 3.7 percent per year. Established products will
continue to dominate the market going forward while the trend toward using
less-toxic insecticides will contribute to the slow rate of growth. Herbicides
will see strong growth in both shipments and demand through 2015, driven by a
decrease in farming manpower and growth in export markets. Fungicides will
post the fastest growth as farmers contend with resilient fungal problems.
Pesticide active ingredient sales will advance 4.8 percent annually through
2015 to 765,000 metric tons. By weight, active ingredients comprised 26
percent of formulated pesticide shipments in 2010. Growth will be stimulated
mainly by increasing exports of pesticide active ingredients, while heightened
domestic production of formulated pesticides will further boost demand.
Northwest to be fastest growing regional market
The size, growth and composition of pesticide demand in China's six regions
vary considerably. The Central-East and Central-South will remain the two
largest regional pesticide markets, together accounting for 70 percent of
total demand in 2015. Demand in these regions will be driven by increasing
output of high value crops. Growth in sales of pesticides in the Northwest
will outpace that of other regions through 2015, benefiting from the Great
Western Development Strategy.
Study coverage
Agricultural Pesticides in China, a 180- page Freedonia industry study from
our Beijing office, presents historical demand data (2000, 2005 and 2010) plus
forecasts for 2015 and 2020 for formulated pesticides and active ingredients,
as well as demand by region. In addition, this study considers market
environment factors, evaluates company market share and profiles 32 industry
competitors, including Bayer CropScience, Jiangsu Kwin Group, Shenzhen
Noposion Agrochemicals, Sinochem and Syngenta.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
General
Economic Overview
Recent Economic Performance
Economic Outlook
Demographic Overview
Currency Exchange Rates
Agricultural Sector Outlook
Sown Land Outlook
Crop Output
Agricultural Value Added
Crop Prices
Government Subsidies
Rural Residents' Income & Expenditures
Policies & Regulations
Product Registration
Technological Developments
The Twelfth Five-Year Plan
World Overview
III. FORMULATED PESTICIDES
General
Foreign Trade
Imports
Exports
Formulated Insecticides
Supply & Demand
Demand by Crop
Formulated Herbicides
Supply & Demand
Demand by Crop
Formulated Fungicides
Supply & Demand
Demand by Crop
Other Formulated Pesticides
Supply & Demand
Demand by Crop
IV. PESTICIDE ACTIVE INGREDIENTS
General
Pricing Trends
Foreign Trade
Imports
Exports
Insecticide Active Ingredients
Supply & Demand
Demand by Class
Herbicide Active Ingredients
Supply & Demand
Demand by Class
Fungicide Active Ingredients
Supply & Demand
Demand by Class
Other Pesticide Active Ingredients
Supply & Demand
Demand by Class
Plant Growth Regulators
Rodenticides
Biopesticides
All Other
V. REGIONAL TRENDS
General
Regional Demographic & Economic Trends
Population Patterns
Economic Outlook
Regional Crop Production
Regional Sown Land
Regional Demand for Pesticides
Central-North
Overview
Formulated Pesticide Demand
Northeast
Overview
Formulated Pesticide Demand
Central-East
Overview
Formulated Pesticide Demand
Central-South
Overview
Formulated Pesticide Demand
Southwest
Overview
Formulated Pesticide Demand
Northwest
Overview
Formulated Pesticide Demand
VI. INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Formulated Pesticides
Pesticide Active Ingredients
Marketing & Distribution
Foreign Participation in China
Legal & Regulatory Issues
Joint Ventures
Wholly Owned Foreign Enterprises
Representative Offices
COMPANY PROFILES
Aestar Zhongshan Company Limited
Anhui Huaxing Chemical Industry Company Limited
Bayer AG
Dalian Regar Pesticides Company Limited
Dow Chemical Company
DuPont (EI) de Nemours
Hangzhou Qingfeng Agro-chemical Company Limited
Hebei Kaidi Agrochemical Enterprises Group
Hebei Veyong Bio-Chemical Company Limited
Hunan Haili Chemical Industry Company Limited
Jiangsu Changlong Chemicals Company Limited
Jiangsu Changqing Agrochemical Company Limited
Jiangsu Fengshan Group Company Limited
Jiangsu Huifeng Agrochemical Company Limited
Jiangsu Kwin Group Company Limited
Jiangsu Suhua Group Company Limited
Lianhe Chemical Technology Company Limited
Nanjing Redsun Company Limited
Nantong Jiangshan Agrochemical & Chemical Company Limited
Qingdao Hailir Pesticide & Chemicals Company Limited
Shandong Dacheng Pesticide Company Limited
Shandong Huayang Technology Company Limited
Shandong Qiaochang Chemical Company Limited
Shenzhen Noposion Agrochemicals Company Limited
Sinochem International Company Limited
Syngenta AG
Zhejiang Jinfanda Biochemical Company Limited
Zhejiang Linghua Chemicals Group Company Limited
Zhejiang Qianjiang Biochemical Company Limited
Zhejiang Shenghua Biok Biology Company Limited
Zhejiang Wynca Chemical Industry Group Company Limited
Zhengbang Group Company Limited
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
1 Gross Domestic Product in China
2 Population of China
3 Currency Exchange Rates, 2000-2010
4 Sown Land in China by Crop
5 Selected Crop Output in China
6 Agricultural Value Added in China
7 Crop Prices in China, 2000-2010
8 Rural Resident Income & Expenditures, 2000-2010
SECTION III -- FORMULATED PESTICIDES
1 Formulated Pesticide Supply & Demand in China by Type
2 Chinese Foreign Trade in Pesticides
3 Chinese Formulated Pesticide Imports by Type & Source, 2007-2010
4 Chinese Formulated Pesticide Exports by Type & Destination, 2007-2010
5 Formulated Insecticide Supply & Demand in China
6 Formulated Insecticide Demand in China by Crop
7 Formulated Herbicide Supply & Demand in China
8 Formulated Herbicide Demand in China by Crop
9 Formulated Fungicide Supply & Demand in China
10 Formulated Fungicide Demand in China by Crop
11 Other Formulated Pesticide Supply & Demand in China
12 Other Formulated Pesticide Demand in China by Crop
SECTION IV -- PESTICIDE ACTIVE INGREDIENTS
1 Pesticide Active Ingredient Demand in China by Type
2 Selected Pesticide Active Ingredient Pricing in China
3 Chinese Foreign Trade in Pesticide Active Ingredients
4 Chinese Pesticide Active Ingredient Imports by Type
5 Chinese Pesticide Active Ingredient Exports by Type
6 Insecticide Active Ingredient Supply & Demand in China
7 Insecticide Active Ingredient Demand in China by Class
8 Herbicide Active Ingredient Supply & Demand in China
9 Herbicide Active Ingredient Demand in China by Class
10 Fungicide Active Ingredient Supply & Demand in China
11 Fungicide Active Ingredient Demand in China by Class
12 Other Pesticide Active Ingredient Supply & Demand in China
13 Other Pesticide Active Ingredient Demand in China by Class
SECTION V -- REGIONAL TRENDS
1 Population of China by Region
2 Gross Domestic Product of China by Region
3 Crop Output in China by Region
4 Sown Land in China by Region
5 Formulated Pesticide Demand in China by Region
6 Central-North Region of China: Formulated Pesticide Demand
7 Northeast Region of China: Formulated Pesticide Demand
8 Central-East Region of China: Formulated Pesticide Demand
9 Central-South Region of China: Formulated Pesticide Demand
10 Southwest Region of China: Formulated Pesticide Demand
11 Northwest Region of China: Formulated Pesticide Demand
SECTION VI -- INDUSTRY STRUCTURE
1 Formulated Pesticide Sales in China by Company, 2010
2 Pesticide Active Ingredient Sales in China by Company, 2010
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
Population of China by Age, 2000-2020
Chinese Currency Exchange Rates, 2000-2010
SECTION III -- FORMULATED PESTICIDES
Formulated Pesticide Demand in China by Type, 2010
Chinese Formulated Pesticide Imports by Type, 2010
Chinese Formulated Pesticide Imports by Source, 2010
Chinese Formulated Pesticide Exports by Type, 2010
Chinese Formulated Pesticide Exports by Destination, 2010
SECTION IV -- PESTICIDE ACTIVE INGREDIENTS
Pesticide Active Ingredient Demand in China by Type, 2010
Chinese Pesticide Active Ingredient Imports by Type, 2010
Chinese Pesticide Active Ingredient Exports by Type, 2010
SECTION V -- REGIONAL TRENDS
Pesticide Demand in China by Region, 2010
Central-North Region of China
Northeast Region of China
Central-East Region of China
Central-South Region of China
Southwest Region of China
Northwest Region of China
SECTION VI -- INDUSTRY STRUCTURE
Formulated Pesticide Market Share in China by Company, 2010
Pesticide Active Ingredient Market Share in China by Company, 2010
