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Brazil agrochemical sales up by 28% in five-month 2013qrcode

Jul. 16, 2013

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Jul. 16, 2013
According to the data released by the agrochemical trade association, the Sindag, Brazil’s agrochemical sales were up by 21% to R$ 967 million in May 2013 versus the same period of previous year. For the five months of 2013, the sales rose by 28% to R$ 4,823 million compared with same period of last year.

Brazil agrochemical sales result by category (R$million)
Category
May 2013
( total %)
May 2012
( total %)
%Change
Five-month
2013 ( total %)
Five-month
2012 (total %)
% Change
Herbicides
424 (44)
326(41)
+30
1,845(38)
1,422(38)
+30
Insecticides
341 (35)
267(33)
+28
1,908(40)
1,410(38)
+35
Fungicides
155 (16)
158 (20)
-2
818(17)
654(17)
+25
Acaricides
12 (1)
13(1)
-9
56(1)
48(1)
+17
Others
35 (4)
37 (5)
-5
195(4)
225(6)
-13
Total
967
801
+21
4,823
3,758
+28

For the five months of 2013, insecticides were the largest product category, contributing 40% of agrochemical sales and increasing by 35% to R$ 1,908million compared with the previous year. The sales growth is driven by the soybean and corn crops,while the fall is due to the cotton and sugarcane.

Herbicides accounting for 38% of sales ,which rose by 30% to R$ 1,845 million.This category growth is contributing to the soybean , corn , beans, wheat,while the cotton and sugarcane hinder the sales growth.

Fungicides sales increased by 25% to R$ 818 million. The category made up 17% of agrochemical sales. The soybean , corn and wheat are the key factor of sales growth,but cotton and beans decreased the sales growth.

The acaricides only accounting for 1% of agrochemical sales,which rose by 17% to R$ 56 million.
Source: AgroNews

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