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Brazil agchem sales up by 34% until July 2013qrcode

Oct. 29, 2013

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Oct. 29, 2013
According to the data released by the Brazilian Crop Protection Industry Union, the Sindiveg, Brazil’s agrochemical sales posted a 42% increase to R$ 1,799 million in July 2013 compared to the same period of previous year. For the first seven months of 2013, the sales rose by 34% to R$ 8,435 million year-over-year. Growth was driven primarily by the plantings of soybean, corn, wheat, potato and tomato etc.

Brazil agrochemical sales result by category (R$ million)
Category
July 2013
( total %)
July 2012
( total %)
%Change
Seven-month
2013 ( total %)
Seven -month
2012 (total %)
% Change
Herbicides
600 (33)
392 (31)
+53
3,196(38)
2,332(37)
+37
Fungicides
427 (24)
302 (24)
+41
1,599(19)
1,259(20)
+27
Insecticides
706 (39)
521 (41)
+36
3,250(39)
2,318(37)
+40
Acaricides
9 (1)
9 (1)
0
80(1)
70(1)
+14
Others
57 (3)
43 (3)
+33
310(4)
313(5)
-1
Total
1,799
1,267
+42
8,435
6,292
+34

For the seven months of 2013, insecticides were the largest category, representing 39% of total agrochemical sales and increasing by 40% to R$ 3,250 million. The soybean and corn resulted in the sales growth, while the sales for cotton, sugarcane and citrus dropped.

Herbicides accounting for 38% of sales, which rose by 37% to R$3,196 million.The growth was due to the soybean, corn, beans, wheat, while the cotton and sugarcane hindered the sales increase.

Fungicides sales increased by 27% to R$ 1,599 million and comprised 17% of agrochemical sales. The soybean, corn and wheat were the key factor of sales growth, but cotton and beans decreased the sales rise.

The acaricidas recorded growth of 14% and accounted for 1% of total sales.
Source: AgroNews

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