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Brazil agchem sales up 36% in nine-month 2013qrcode

Dec. 20, 2013

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Dec. 20, 2013
Brazil’s agrochemical sales posted a 22% increase to R$ 4,029 million(US$1,732 million at the current rate ) in Sep 2013 y-o-y, according to the data released by the Brazilian Crop Protection Industry Union, the Sindiveg. The nine-month sales rose by 36% to R$ 15,824 million(US$6,801 million at the current rate). Growth was mainly driven by soybean, corn, wheat and cotton crops.

Brazil agchem sales result by category (R$ million)
Category
Sep 2012
( total %)
Sep 2013
( total %)
%Change
nine-month
2012 ( total %)
nine -month
2013(total %)
% Change
Herbicides
975 (31)
1,390 (34)
+43
4,044 (35)
5,666 (36)
+40
Fungicides
808 (26)
923 (23)
+14
2,664 (23)
3,334 (21)
+25
Insecticides
1,199 (39)
1,561 (39)
+30
4,314 (37)
6,136 (39)
+42
Acaricides
26 (1)
28 (1)
+8
136 (1)
142 (1)
+4
Others
104 (3)
127 (3)
+22
479 (4)
546 (3)
+14
Total
3,112
4,029
+22
11,637
15,824
+36


For the nine-month of 2013, insecticides remained the largest category and sales rose by 42% to R$6,136 million,  representing 39% of total agrochemical sales. The herbicides sales ranked second place and grew by 40% to R$ 5,666 million, contributing to 36% of total agrochemical sales . Fungicide business rose by 25% to R$3,334 million, accounting for 21% of total agrochemical sales, while acaricide sales were up by 4% to R$142 million. Sales for other products boosted by 14% to R$546 million.

Soybeans, corn crops boosted the sales all major segments, while wheat dominated growth for herbicide and fungicide sales, and cotton resulted in growth insecticides sales. Other crops such as sugar cane, potatoes, tomatoes, fruit, vegetables and rice also increased the pesticide sales.
Source: AgroNews

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